Thread: Archive News - Iraqi Dinar Think Tank - 08/09/09 - 09/01/10

December oil set a date for the receipt and opening of tenders for the second licensing round

Oil Ministry confirmed that a delegation from the Ministry headed yesterday to Istanbul, Turkey to hold a second workshop with competitors to develop oil fields in the second round of licensing.

And shift the center of the national media quoted an official source in the ministry as saying that the workshop will be held to answer questions from competitors in order to determine the deadline for the competition to develop the oil fields of ten.

He said he was setting a December date for the receipt and opening of tenders for the second licensing round.

He said the number of companies competing for these contracts are 45 companies, stressing that this round will be through the development of 10 oil fields discovered but not developed, the Majnoon, West Qurna Phase II, Halfayeh, Gharraf, a rump (rump West Morgan), east of Baghdad, the northern part, Badra, the Fields collection of Eastern and include (Khashm Red Naoduman, moon, hooks), field Qayyarah, a star.

http://www.ipairaq.com/index.php?nam...onomy&id=16503

Supreme Council of the Iraqi-Turkish cooperation looking complete 40 agreements and memoranda of understanding between the two countries

The Supreme Council of the Iraqi-Turkish strategic cooperation, on Tuesday, its opening to discuss bilateral cooperation between the two countries and the achievement of more than 40 agreements and memoranda of understanding held by the ministries and institutional investors with their Turkish counterparts Iraq, according to a statement of Foreign Affairs.

The statement, received by Voices of Iraq (VOI) that "senior officials and experts of the Supreme Council for the cooperation of the Iraqi Strategic - Turkey held this afternoon (Tuesday) at the opening session of the Council", adding: "The Iraqi side was headed by the Deputy Minister, Iraq's side was chaired by Turkish Turkish ambassador in Baghdad Mourad Aozglic."

The statement quoted Abbawi during his opening speech emphasized "the necessity of intensive work between the two sides and accomplish more than 40 agreements and memorandums of understanding in various aspects of bilateral cooperation between more than nine Iraqi ministries and institutional investors with their Turkish counterparts," while Aozglic confirmed "the importance of communication to the final versions of memorandums of understanding and agreements signed during the visit of Turkish Prime Minister recap Tayyip Erdogan to Baghdad, on Thursday (15/10)."

The statement noted that "the continued sessions held between representatives of the ministries concerned after the opening session, during which trading and discuss the ideas and proposals in the formulas to accomplish this historic mission to serve the interests of both countries," Petra said, noting that the two sides "will continue the meetings tomorrow (Wednesday)."

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Oil Minister: "Shell" equip the laboratories Southern Gas Company and sells production locally

Oil Minister Hussain al-Shahristani said on Tuesday that an agreement of principles signed by the ministry with "Shell" nothing to do with the development of oil fields, indicating it focuses on the rehabilitation of laboratories in the South Gas Company participation format for the manufacture of gas associated with oil in Basra and sell locally.

He said Oil Minister Hussain al-Shahristani at the conference held Tuesday in Baghdad, said that "agreement on principles that had been signed with Shell Global unrelated to the development of oil fields, but it is to take advantage of gas associated with oil extraction in Basra," noting that the agreement would focus on "re-Nahil laboratories Iraq to the South Gas Company to accommodate the participation of the gas form to provide the capital required, manufactured and sold locally, "adding that the ministry has" come a long way in the negotiations, but it is not yet finalized agreement."

The Ministry of Petroleum and in September signed an agreement of principles in September 2008 with Shell International, which established the conditions to establish a preliminary joint venture to invest in gas associated with oil produced from the fields of the province of Basra in southern Iraq, and if the adoption of these conditions, the South Gas Company will hold a majority of the shares by 51% in the joint venture, while Shell will own 44% and Mitsubishi 5%.

And on the law of the national oil company, which has been submitted to parliament after approval of the Cabinet on the draft of al-Shahristani said that the company "once it is established will be responsible for the implementation of contracts with foreign companies in addition to responsibility for the development of other oil fields, and there are other fields of gas and oil companies in the south and north developed that will meet with the national oil companies at Launch."

Iraq's parliament received a draft law the national oil company last month for consideration by the competent committees and presented at its meetings to vote on where in the case of approval of the law establishing the National Oil Company carried out many missions, the organization of the relationship between Iraq and foreign oil companies in which they operate, as well as re - of life of old oil wells and the discovery of new ones.

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Cabinet approves budget, oil contracts

The Iraqi cabinet approved on Tuesday the 2010 federal budget and the first round’s oil investment permissions.

“The decisions came during the cabinet’s 38th meeting on Tuesday,” Dr. Ali al-Dabbagh, the Iraqi government’s official spokesperson, said in a release received by Aswat al-Iraq news agency.

He said that the budget’s total amount is ID78.733 trillion, with a deficit of ID17.9 trillion.

Al-Dabbagh said that the government will pursue certain measures to get more incomes and to minimize spending.

http://en.aswataliraq.info/?p=120363

Moussa: Kirkuk not only issue that impede Elections Law amendment

The Secretary General of the Iraqi Communist Party and Lawmaker in Iraqi Parliament Hammed Majeed Moussa, in a statement to PUKmedia Correspondent said that the Issue of Kirkuk is not the only one which hinder the amendments on the Elections Law.

He said that all the Parliament members have suggestions to amend the Elections Law but failed to reach an agreement and the issue of Kirkuk is one of the most complicated problems.

“If we want to reach an agreement, we should focus on issues that we can consensus on like increasing number of parliamentary seats and adoption of lists system”, Moussa added.

http://pukmedia.com/english/index.ph...13859&Itemid=1

Iraq's Cabinet signs off on $67 billion budget for 2010, well below projected spending needs

Iraq's Cabinet has signed off on a draft budget for 2010 totaling $67 billion that is well below what Iraqi and U.S. officials say is needed for postwar recovery.

Government spokesman Ali al-Dabbagh says the budget has a deficit of about $15 billion that will be covered by issuing bonds and asking for loans from international banking organizations.

Parliament must still approve the budget. It's unclear when lawmakers will schedule a vote.

Al-Dabbagh said in a statement issued late Tuesday that about $17 billion of the 2010 budget would be used for reconstruction and infrastructure improvements.

Iraq had to twice revise its $58 billion budget this year because of low oil prices. Oil is the country's main source of income.

http://pukmedia.com/english/index.ph...13861&Itemid=1

Urgent ... Postpone the approval of the election law in today's meeting

Al From sources within the Dome of the parliament that "the House of Representatives decided to postpone the elections to pass legislation on Monday over the issue of Kirkuk."

The number of deputies to be ruled out voting for the measure today because of some outstanding issues including the issue of Kirkuk.

http://al-iraqnews.net/new/ajeel/38062.html

Al-Maliki visits Washington next week to activate the investment portfolio

Begin Prime Minister Nuri al-Maliki next week's visit to Washington in order to activate the investment portfolio during the Special Conference to be held with the participation of more than 800 companies and a foreign investor and an Iraqi.

In the meantime, proceed with Turkish Prime Minister Recep Tayyip Erdogan paid an official visit to Baghdad today to activate the strategic cooperation between the two countries.

The Secretary General of the Council of Ministers Dr. Ali Keywords: The Prime Minister will visit the United States this week, to head the Iraqi delegation that participated in the investment conference to be held in Washington for the period between 20 to 21 of this month.

The Keywords in a dialogue with the "morning" to be published in a later issue, that "al-Maliki and after the adoption of amendments to the Investment Law will visit, as there will be a strong supporter of the calls to be made by international companies during the conference," emphasizing that the Council of Ministers hope the success of the forum and attract capital to country to implement service projects and urban development, which will reap the usefulness of the Iraqi citizen.

In another window, confirmed Keywords that Iraq will be put during the visit of Turkish Prime Minister to Baghdad today, the water and the importance of ensuring the water quotas fixed for the country.

It is scheduled to preside over Prime Minister Nuri al-Maliki and his Turkish counterpart in Baghdad on the second meeting of the Supreme Council for the strategic cooperation.

These moves coincide with the direction of the two countries signed 40 agreements and memoranda of understanding among the more than 9 ministries and institutional investors with their Turkish counterparts.

The Turkish prime minister visited Baghdad in July 2008, when he met in Baghdad, the President and the Minister, in addition to a large number of officials, the visit also paved for the development of cooperation and relations between the two countries.

In Baghdad, too, was held yesterday at the opening session of senior officials and experts of the Supreme Council for the strategic cooperation of Iraq - Turkey.

It is hoped that the visit of Erdogan's two-day, on a preliminary declaration of the Council of the partnership between Baghdad and Ankara.

http://www.alsabaah.com/paper.php?so...page&sid=91619

Turkish Prime Minister arrives in Baghdad

Learn From informed sources that the Turkish Prime Minister Recep Tayyip Erdogan arrived in Baghdad shortly before a delegation of senior cabinet An official visit to Iraq two days to activate the strategic cooperation between the two countries.

It is hoped the visit to result in the announcement of the partnership between Baghdad and Ankara is due to be signed 40 agreements and memoranda of understanding among the more than 9 ministries and institutional investors with their Turkish counterparts

http://al-iraqnews.net/new/ajeel/38151.html

MP Faisal: Voting on election law next week

Said a member of the House of Representatives on the mass of the common conduct damage Faisal promises that "the completion of the parliament first and second reading of the proposed law on the upcoming parliamentary elections at a meeting last Tuesday, would insist to vote in next week."

The return in a statement summarized by the reporter That "the law not to include on the agenda of today's meeting because Rules of procedure of Parliament states that are voting on any law after four days of the completion of the first and second reading And then be approved. "

She added, "Yesterday there was a meeting of heads of political blocs for the purpose of exit by the election law and the adoption of the amendments and the type of list."

http://al-iraqnews.net/new/siaysiah/38197.html