Thread: Iraq/Dinar News. 09/05 to 01/14/07

A soft loan from Japan and the willingness of Chinese and Australian support for the oil sector and development of the Iraqi

02/11/2006Source : Al Sabah-02 / 11 / 2006

Japan granted a soft loan to Iraq of three billion and (500) million for the development of oil and gas sector in the whole country and expressed by China and Australia ready to support the oil sector and the intensification of efforts to improve them. He said Oil Minister, Dr. Hussein Shahrastani during a press conference held yesterday, Wednesday, in the b Baghdad : that the visit by the recent

Each of China, Australia and Japan resulting from the approval of the Japanese government to grant soft loans amounting to 3, five billion dollars to develop the Iraqi oil industry.

He added that the ministry allocated one billion dollars of the loan will be used to develop the Basra refinery, and the establishment of oil floating in the port city of Basra and the addition of new units for the conversion of oil to the black oil products, adding that he met with officials of major Japanese companies specialized in the oil sector to activate all joint activities to serve the interests of Sha between friendly, pointing out that Japan also expressed its willingness to build a large refinery in the city of Nasiriyah. Shahrastani and explained that the Chinese side is also expressed readiness to support the Iraqi oil sector and direct the implementation of the contract with the private realm as well as the Al-Ahdab that most refineries will modify its own to be appropriate e with the quality of Iraqi oil, which China wishes to increase the quantities imported by pointing out that Iraq welcomed the increase in the volume of Iraqi oil exports to China because it is considered one of the major world markets in the world oil consumption.

The minister readily reached an agreement in principle with the Chinese side to set up a small refinery in Iraq to provide oil derivatives, adding that the ministry will adopt the principle of transparency in future contracts with international companies sober and be based on prospective contracts for the benefit of Iraq's economic and not on the basis of political relations had exercised the previous regime. Turning Shahrastani during the conference to plan prepared by the ministry to raise the level of Iraqi crude oil production, pointing out that it is expected to reach energy-production end of this year (3) million barrels a day and two million two hundred and fifty thousand barrels of Hako l South, (750) thousand barrels from the northern fields and access to four million and a half million by 2010 and that the rates of Iraqi oil exports now reach one million and seven hundred thousand barrels per day. He reported that the Oil Ministry also prepared a plan for the provision of sufficient quantities of kerosene rule of the citizens as they will be distributed (200) during a liter for the next few days, each family in preparation for the winter season, assuring citizens at the same time, the presence of large quantities of material available, especially kerosene in Baghdad, the ministry is distributing two million liters per day than among the population. The minister announced a plan to provide large quantities of liquid gas for the city of Baghdad, especially Ana since the terrorist targeting continuous pipeline for the transfer of natural gas to Baghdad rule and therefore the ministry on the transfer of this article by tanks and the Oil Ministry is working to increase the production capacity of liquid gas in the whole country and invested properly meet the needs of the country. The new oil minister reiterated that the oil wealth e is the Iraqi belongs to all the people of Iraq and that wealth should contribute to the unity of Iraq and not divisions dispersed is not entitled to any contract with any company or investment fields located within their isolation from the rest of Iraq, pointing out that the proposal to establish a federal body that includes all segments of the Iraqi people throughout the specialized adoption of the province n Investment oil fields and the study of contracts for the implementation of these projects, Shahrastani denied an intention to increase the prices of oil derivatives in the current stage

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Source : Al Sabah-02 / 11 / 2006
اObligates the calibration and quality control jewelers marking golden objects in their possession marking system. " The source said that in the golden objects found in the gold shops, which bear the marking system is a violation of the law and shopkeepers bear the legal consequences. "

He added : "The committees disclosure and inspection of the premises, which supplies in Baghdad and other governorates, where work continues to be analyzed and examined samples of gold that brings to the stigmatizing real bullet."
He had approached the body to the General Authority for Customs and a call to cooperate with him and sending golden objects and imported falling through border posts with the body for the purpose of marking. "

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500 companies from 25 countries participate in the international exhibition on the development of agriculture in Iraq
اSource : repatriation of Kuwaiti-02 / 11 / 2006

Involved 500 Arab and foreign companies from 25 countries in the international exhibition on ways to develop agriculture and animal wealth in governing Iraq in Amman early April next.
According to the official Jordanian news agency (Petra) Wednesday that the exhibition will be held from 3rd to 6th April next.

And organize the exhibition, "a Middle East Gate" and "new morning" in collaboration with the Ministries of Agriculture Jordanian and Iraqi under the slogan "Iraq green" while the country faces challenges, especially in their agricultural sector, which hopes to be open to market initiatives and investments.

The agency quoted Jordanian Agriculture Minister Akif Zoubi that "Jordan is trying to re-trade exchange with Iraq, which is the first trade partner to him as it was earlier in the importation of sheep and Iraqi dates and receive the Iraqi market for agricultural production requirements and vegetables, eggs Jordanian round."

A Jordan, according to official figures about eighty thousand tons of agricultural products to Iraq in 2005.

The Jordanian minister said : "The government took the policy development and the importance of developing the agricultural sector from its essential role in increasing the self-reliance and to provide food and the preservation of the environment thereby enabling the provision of basic food commodities and animal and vegetable export to neighboring markets and global."

For his part, Qais Al-Hamadani representative of the Iraqi Ministry of Agriculture, said that "Iraq is trying to attract foreign investment especially in the area of agriculture." He said that "the competent authorities in Iraq had provided facilities that contribute to attracting investors and the establishment of productive projects."

He added that "Iraq prepared a plan to rebuild the agricultural infrastructure by introducing modern methods in the areas of agricultural research and extension (...) To bolster the economies of peasants and farmers who make up 33% of Iraqi society. "

The Iraqi official to "The risk of water shortages in the Tigris and Euphrates rivers by building dams and reservoirs on Houdehma."

He stressed the need to "concerted international efforts to deal with Iraq's share of the water resources in Basins, which poses another challenge to the agricultural sector."

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The latest from StephanieF over at IIF...


You all can't wait until the 13th? Too busy waiting for Forex to open on Sunday at 5?
And Skier you have alot of nerve to state don't put much into this, this coming from a guy who spoke to the IMF and they told him there would be no lop. How do you feel about a new currency on the 13th?

And your point is?

...Went to the Elk Grove Village Chase bank today, placed an order...no problem..760/1 mil... will pick it up in two days or so.

...Mike, without your advice I wouldn't have bought any. Thanks for the info.

Originally Posted by Pegasus

I bought my first order with them, then never again. It took several months to get my order. I will say that all was well with the order when it finally arrived. I think they don't actually have the dinar in-house. I'm thinking they use the money that comes in to place the order, then wait for it to arrive. Waiting for several months is not acceptable. Since then, I have mostly used an overnight COD service that always comes through. (Except for those times that I was weak and ordered some small stuff thru e-bay!)

Pegasus !!!

This is exactly what happened to me. I placed our very first order with these guys and it was a nighmare. We called and called. When they finally answered their phone, they would give us some reason why our order wasn't here yet. Embargo at the border, long line at the bank, all kinds of stuff. It took almost two months for us to get out dinars, but only after at least 10 nice calls and then 10 to 15 pissed of calls to the company. They are flakes with a capital "F". Buy from the COD guys, you know who they are, they are the best.

Originally Posted by mrvgs

And your point is?

Only the new currency on the 13th part. I put very little value into what she has to say, just wondering if anyone else had heard anything...

Originally Posted by PopaDinar

Sorry, but there is no way that service men/woman are receiving Dinars before being deployed to Iraq...

I know of 2 people who are going back to Iraq, one of them is my brother in-law as another is a very good close buddy who I spent time with in Iraq on our first tour... I will be contacting both ASAP to put this to rest...

BTW Jon Karry

Ohhh snap... those guys are in iraq i even know where.. there at camp al taqquaddem the building behind them ( well behind that building ) is a small camp where theres a church and a living area.. t the right (our right ) is a cross road that leads to hotel cali ( another living area on lake side ) and in front of them and to the left is the parking lost for the lake side chow hall. and across from that a px tent and basketball court) didnt really get a good look at the picture but now that i did i'm SURE there at al taqquaddem ( or tq for short )

The new currency being smaller denoms?