Norwegian DNO dismisses Iraqi oil deal concerns
MENAFN - 28/09/2006
(MENAFN) Sources at the Norwegian oil company (DNO) dismissed concerns about the validity of its Iraqi oil production agreement, this came after reports of a growing gap between Iraqi officials regarding how to distribute the oil returns on the country, Turkish Daily News reported.
Iraqi Oil Minister said earlier that Baghdad did not have to honor deals signed with regional authorities, possibly undermining DNO's 2004 deal with the Kurdistan Regional Government (KRG) which runs northern Iraq.
He said that the government isn't committed to oil investment deals signed in the past by officials from the KRG which were announced as contracts to develop oil fields.
DNO's managing director stated that DNO maintained it had a valid agreement with the KRG, adding that constitution gives a clear answer about the legal validity of the company's contract.
It's worth mentioning that DNO is planning to commence producing oil at its northern Iraq field in the first quarter of next year.
MENAFN - Middle East North Africa . Financial Network News: Norwegian DNO dismisses Iraqi oil deal concerns
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28-09-2006, 02:28 PM #9541
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28-09-2006, 02:28 PM #9542
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so in actuality we should be waiting for the 11pm baghdad meeting and not the 10pm one which the press has been requested to attend\cover??
some clarification on all these meetings would be extremely appreciated.
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28-09-2006, 02:30 PM #9543
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Iraq Taking Significant Steps Forward, Spokesman Says
Sgt. Sara Wood, USA, American Forces Press Service
2006-09-28
WASHINGTON, Sept. 27, 2006 – As coalition and Iraqi forces continue security operations in Baghdad, the Iraqi government and security forces are making significant progress and moving closer to an independent future, a U.S. military spokesman in Iraq said today.
More than 60,000 Iraqi and coalition forces are in Baghdad as part of Operation Together Forward, which is designed to reduce sectarian violence in the city, Army Maj. Gen. William Caldwell, Multinational Force Iraq spokesman, said in a news conference. Iraqi security forces outnumber coalition forces three to one inside the city and are leading most of the operations, Caldwell said.
“Iraqi security forces are making a concerted effort to defeat the insurgency and stop sectarian violence,” he said. “They clearly carry the preponderance of the weight, with the amount of security forces they have operating within the city.”
As the Iraqi army grows in size, it also continues to increase in capabilities, Caldwell said. Today, six divisions, 27 brigades and 88 battalions are in the lead in operations in their areas, and two Iraqi army divisions are under the control of the Iraqi ground forces command, he said.
Iraqi security forces are specifically targeting death squads and illegal arms groups in an effort to reduce the number of civilian casualties in Baghdad, Caldwell said. Since mid-July, about 29 cell leaders and 254 cell members have been killed or captured, he said.
During the past two weeks, coalition and Iraqi forces have also targeted al Qaeda in Iraq, conducting 47 operations, resulting in 29 terrorists killed and 140 suspected terrorists detained, Caldwell said.
Success by the Iraqi security forces paves the way for development of the political system, Caldwell said. This week, the council of representatives announced the formation of a constitutional review committee, which will work over the next four months to make recommendations for constitutional changes, he said. Also this week, Dhi Qar province came under provisional Iraqi control, with the governor assuming responsibility for day-to-day governance and all law enforcement and security.
The Iraqi government is working diligently to deal with key challenges, such as the implementation of legislation to encourage investment and equitable distribution of power and wealth, federalism, a hydrocarbon law, “de-Baathification,” and reconciliation, Caldwell said.
“Iraq is living a critical moment in what Iraqis and all our coalition partners supporting the mission here hope is the beginning of a long history of democracy for both this nation and this region,” he said. “The process may seem slow, but Iraqis have many difficult choices to make to bring unity, security, and prosperity. As Iraqis persevere, we must maintain the patience to allow their critical efforts to come to fruition.”
"Iraq Taking Significant Steps Forward, Spokesman Says" - The Military Family Network
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28-09-2006, 02:37 PM #9544
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28-09-2006, 02:50 PM #9545
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28-09-2006, 02:53 PM #9546
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JULY STILL AINT NO LIE!!!
franny, were almost there!!
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28-09-2006, 02:57 PM #9547
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Last edited by shotgunsusie; 28-09-2006 at 03:00 PM.
JULY STILL AINT NO LIE!!!
franny, were almost there!!
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28-09-2006, 03:00 PM #9548
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Well, that was just a thought
If it wasnīt announced at the taped version I didnīt think they would make an official announcement at a meeting, but I may be wrong
if they are to announce it before september ends I think this is the last day, maybe saturday because tomorrow is the holy day. I donīt think they announce it then.
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28-09-2006, 03:06 PM #9549
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Economic : : Al-Zubaydi of the Arab ministers of finance and promised to support Iraq
Baghdad-Haider spring
Mr. Jabr Al-Zubaidi, the Minister of Finance and the Governor of the Central Bank of Iraq and the Iraqi delegation accompanying him in the meetings of the Arab Group on the sidelines of the annual meetings of the International Monetary Fund and the World Bank held in Singapore.
As discussed Messrs. finance ministers Arabs unite Arab ranks in these meetings and discuss all the word Arab Group consolidated by Mr. and Algerian Minister of Finance on behalf of the Arab States.
The floor multiple paragraphs in support of Iraq in the area of security and economic assistance in the reconstruction, development and the development of the infrastructure of Iraq.
In relation to Mr. Baker met Jabr Zubaidi, the Minister of Finance on the sidelines of the meeting, Minister of Finance and Minister of Finance Algerian both individually.
It was discussed during the meetings of fraternal bilateral relations and development in the economic and financial fields and discussed Iraq's debt through the formation of a technical committee to settle the file of the debt so as to contribute to the upgrading of services in Iraq by the report and its role in the Arab and regional levels.
This attended the meetings Mr. Governor of the Central Bank of Iraq.
Translated version of http://www.alsabaah.com/
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28-09-2006, 03:16 PM #9550
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