Iraq an economic Study

Sounds about right

Stryker Blog 05.01.2013


I don't talk about my contacts in the oil & gas business much, that do business in the Middle East because most people would then classify me with the date and rate gurus which I am far from but with this great news of Barzani and Maliki inking a deal to resolve all their issues and to restore Iraq's security and stability to where it has never been before I am compelled to share some information with everyone now.

I have been in contact with my new friend in Kuwait, who is an American working for an American Oil & Gas Company doing business in both Kuwait, Iraq and other parts of the Middle East. He has said that there are many Kuwaiti businessman that believe that when the Kurdistan Officials and the Republic of Iraq officials can get together on the Kurds demands that we could see a big change in Iraq and its policies. The Oil & Gas Law being the biggest part of the deal and the biggest part of opening up Iraq as the fastest growing oil exploration country in the world and not only will oil flow but everything else that goes with this will too. The Kuwaiti's are ready to invest in Iraq along with almost every other wealthy Arab country and their businessman and women. Not counting the other nations that are standing by as long as their laws get amended and passed to make Iraq a more friendly atmosphere for investors.

This information along with what my translator friend Khoury is telling me that he understands the news to be saying that is coming out of Iraq, Kuwait, Jordan and many other Cable TV outlets gives us a very good feeling.

Also according to Martin Kobler and Ki-moon of the UN there are good positive talks between the protesters, Army and Government Officials that should lead to a great understanding and hopefully their demands can be met now.

All of this good news and with Maliki stating that he wants the Constitution amended to add the sectarian quotas are all positive movements forward to real Stability & Security that has always been needed for Monetary & Currency Reform.

Here is a quote from Maliki:

Maliki said during a speech at the second conference of Iraq's tribal leaders, said that "the Iraqi Constitution need to be amended, but according to legal channels, noting that" sectarian quotas are caused by disrupting Parliament and the problems of the state and the government.

You can read several articles of Maliki confirming this by going clicking here:
[link to stryker10.forumchitchat.com]


Well folks, things are about to change and we are all going to finally see Iraq emerge back on to the world stage.


Thanks and have a great day,


Stryker

Well, it's not everything that we're looking for, yet, but the Kurds going back to the CoM and Parliament is a huge deal. They have said they won't return until their demands are implemented, so let's see what comes out of the rest of this press conference.

Barzani: Kurdish forces decide the return of ministers and deputies to Baghdad
01-05-2013 06:45 PM 01-05-2013 06:45 PM



Baghdad (news) .. decided forces of Kurdistan, on Wednesday, the return of Kurdish ministers and deputies to the Iraqi capital Baghdad.

The head of the Kurdistan Regional Government Barzani, in a press statement: that the Kurdish forces decided with the consent of the President of Kurdistan, Massoud Barzani, the return of Kurdish ministers and MPs to Baghdad.

The Chairman of the Kurdistan region to: he extended an invitation to Prime Minister Nuri al-Maliki to visit Erbil and meet with President Barzani. / End / t. St. /

[link to translate.google.com]

I like what Stryker reported. At least things seem to be moving in the right direction.

Here's our 7 points, folks. Almost there.


1/5/2013 20: 46: 00

Nechirvan Barzani of the Kurdistan Regional Government


Nechirvan Barzani held President of the Kurdistan Regional Government, Wednesday 1/5/2013, press conference, during which the results of the visit by the delegation of the Government of Kurdistan to Baghdad, and the agreement between Kurdistan and Baghdad, confirming that the meetings held and the agreement was not to the detriment of any party, explaining: we link us hawartna b 3 key principles (alignment, balance and partnership), the principles of the new Iraq.

The President of the Kurdistan Regional Government that this agreement is a good start to address the problems, but this does not mean that all problems will be solved overnight, saying that unity between political attitude and Kurdistan.

Nechirvan Barzani stressed that the agreement between Kurdistan and the Federal Government has been concluded under any pressure or external threats, adding: that Al-Maliki was not obliged to conclude an agreement with the Kurdistan governorates under pressure, because if we look at in terms of strengths and weaknesses of meetings and agreements in Iraq, we can handle any problem.

On the orientation of the peshmerga forces into Kirkuk, said nechirvan Barzani: the peshmerga came lhaft the security of citizens in that region with all her creator and spectrum without discrimination.

The following points were agreed between the Kurdistan Regional Government delegation headed by nechirvan Barzani, head of the Kurdistan Regional Government, who visited Baghdad recently, Federal Prime Minister Nouri al-Maliki:


1. set up a joint Commission to resolve the oil and gas law based on the previous agreement signed in February 2007 between the two sides.
2. amend the budget for the year 2013.
3. addressing the problems of the Tigris, Ninewa Operations leaders and the island, which will manage the security file in the disputed areas by region and Baghdad.
4. the sides to ratify the draft law the administrative boundary for cities and regions that have been changed in the time of the former regime within the policies of Arabization and ethnic and sectarian conditions sabotage, this project presented by His Excellency President Jalal Talabani to the House.
5. File Manager visas and airport jointly between the Kurdistan Regional Government and the Federal Government.
6. the Federal Government to compensate victims of the Anfal and chemical uprising and deported Kurds who fled to neighboring countries.
7. to promote cooperation and exchange of information will be the appointment of a representative of the Kurdistan region in Iraq and a representative of the Federal Government in the Kurdistan region.

[link to pukmedia.com]



Interesting timing with the Smart cards being out and the USTs 3 year old foreign currency Law (exchange fee on foreign currencies exchanges) just being implemented on May 13th and the (banking lending laws) in Iraq that have been done for several weeks going into effect on May 15th and we also have the DFI funds that will be no longer protected as of May 23rd…. Then we have young Barzani 1st meeting with Maliki just a few weeks after he took over for his father, Maliki and the State of Law seemingly have taken happy pills and are agreeing and doing all 7 points that the Kurds demanded this week… Keeping in mind that one of them was the power sharing (ERBIL)… If in fact the Kurds go back to the Gov on Thursday as stated, then I would have to believe that the money powers are done playing and are ready to get this show on the road… 2nd article is about Viet Nam concluding their talks with the IMF on article 4… Interesting timing on these 2 discussions being concluded but with 2 different people from the IMF.

~ Street

...set up a joint Commission to resolve the oil and gas law

Another committee... ain't happening! It has not been resolved.

What a bunch of bull!

Last Edited by calin on 05/01/2013 03:46 PM

Well, let's not get too down about it. From the other 6 points, Article 140 is done. Whatever the issues with Point #1, it's enough to get the Kurds back to Parliament and CoM after a two year boycott. If it's good enough for the Barzani's, it's good enough for me.

Take a look at this article from a couple weeks ago, and tell me you don't feel better, calin.


[link to www.ekurd.net]


Kurds will not return to Parliament and Government unless demands achieved, Kurdish Bloc

Erbil: The Kurdish Alliance presumed that the talks with the National Alliance will be resumed, but did not expect the return to the Parliament and government before "gaining the fruits of these talks". Kurdish Alliance MP Mhama Khalil announced that his bloc will continue boycotting the Parliament and government till all promised matters by the National Alliance and Premier Nouri al-Maliki are fulfilled, particularly the governmental balance, implementation of the constitution and Erbil agreement. In a statement to al-Hayat daily, he added that a new round of talk will commence following the provincial elections. The Kurdish negotiation delegation with Baghdad met Kurdish president Massoud Barzani and informed him on the talks held in Baghdad. He added that two committees were formed, the first for military issues and the second on financial matters, particularly the differences on 2013 budget and payment of foreign oil companies working in the Kurdish region. aswataliraq.info

Last Edited by Revbo™ on 05/01/2013 05:21 PM

A little better. However, what will happen when they return is another issue. I see arguments and talks stopped. Just my feeling. Nothing goes smoothly with these guys.

Thursday is the key as they all are supposed to be in one room doing legislation... right?
They better get some work done.

And don't they have another vacation coming soon?

Council of ministers comes back tomorrow. Parliament is Tuesday. Vacation starts on the 15th.

Thanks!

Stryker Blog 05.02.2013


The news just keeps getting better my friends, the Kurd's members of the Council of Ministers in fact did end the almost 2 month boycott by attending the Council of Minister meeting today. Further confirmation that they have reached an agreement on all issues and they are not wasting any time. They started off discussing all the main points agreed to on Monday by Barzani and Maliki, Article 140, oil contractor payments, money owed to Peshmerga the Armed Forces of the Kurdistan Region, Oil & Gas Law and other matters of national partnership.

We all need to remember that the Kurds said that they would not come back to both the CoM and the Parliament unless all their demands were met, so this tells me that the agreement signed has provided this. And what I am getting from investors and businessman alike that are waiting to go into Iraq with billions of investor funds to take part of Iraq's emerging growth potential are all saying the same thing; that the Kurds hold the key to Iraq's success. The Kurds demands are they same thing that are needed complete before they see currency reform and these all lead to Stability and Security.

Also today the Minister of Transportation announced that he has signed agreements with more than seven countries to open direct air links with Iraq, including Romania, Georgia, China and Malaysia, as well as Russia and Sweden. This has nothing to do with an RV but it does have everything to do with international stability and showing the world that Iraq is emerging from the past and remember that a countries value of its currency has a lot to do with perception of that country as well as the ability to back its value. These agreements will open up direct flights into Azerbaijani capital of Baku, the Georgian capital of Tbilisi, Malaysian capital of Kuala Lumpur and the Romanian capital of Bucharest. Chinese cities of Beijing, Gwangju and Shanghai are next. It will just be a matter of time before other major cities are added and all very good for Iraq.

Businessman and women will be able to travel freely between the cites and trade will open many doors in my opinion to the international community. The airlines and airport are included in the 7 points of the agreement and matter of fact it is listed as number 6, see here:

6. the joint management of the issue of visas and airports by the governments of the center and the region

Here is the link so you can read them all:

[link to stryker10.forumchitchat.com]

The news should be exciting every day, full of interesting subjects going forward and this is just a small piece of what is going on in Iraq right now. The Budget is being amended as I type and should be released any day now. Could it have in it what Shabibi said last year when he said that they funds to cover the currency reform is going to be included in the 2013 Budget, we will just need to wait and see. I sure hope it is and this journey is about to be over because it takes a lot of work to try and uncover the truth.

BTW, look at this one:

Oil & gas law’s ratification depends on political blocs’ good will

“The Oil & Gas Law is clear and can be approved if there are good will shown by all the political blocs.”

[link to stryker10.forumchitchat.com]


Thanks and have a great day,

Stryker

Iraq, Shell officially kick off major gas project

Arab News - 02 May, 2013


Royal Dutch Shell says it has officially kicked off a multibillion-dollar project to tap natural gas in Iraq's south.

The $ 17 billion joint venture will gather, process and market associated gas, a by-product of producing oil, from three oil fields in Basra.

Iraq holds 51 percent in the 25-year partnership while Shell holds 44 percent and Japan’s Mitsubishi holds 5 percent. The gas will be used mainly for domestic energy needs, but there is also an option for exports.

The new announcement was published on Shell’s website.

Iraq burns off almost half of the 1.5 billion cubic feet per day of gas that it produces.

The deal will help the country capture more than 700 million cubic feet per day of gas from three fields.

[link to www.gulfinthemedia.com]


Juliebug:
I can't even begin to tell you how huge this is! I was in the O&G business (an executive) for 10 years. We spent much time in the ME discussing partnerships, etc. We absolutely would not get involved at the end of the day because of the lack of laws to protect us. I read that Shell was going to do this project, but thought it would never come to fruition because of the problems we encountered. Something has seriously changed for Shell to feel comfortable with this venture.

1.5 billion cubic ft of NG @ $2.00 is 3billion dollars per day. They are going to have to build the infrastructre to do this. There are gas pipelines in the area, but they aren't large enough to handle that capacity. This is a major expense. Oil & gas is complicated and it would take days to explain. Just trust me... 51% of 3 billon a day isn't bad. I was just using $2 as an example...I no longer have any investments in natural gas, just oil, and haven't checked the prices lately.

I would say this confirms speculation that Hawija was the stick we needed to finally beat Maliki into submission.


Thursday, 02 May / June 2013 19:27 | : Ambassador News Agency | | |
{Baghdad Ambassador: News}
Attributed to the "homeland" of Kuwait to information sources described as Iraqi political existence of direct U.S. intervention in resolving the conflict between al-Maliki and the rest of the partners in power. The sources confirmed a "home" that members of the group of experts Office of the Iraq run by U.S. Vice President Joseph Biden, are located in Arbil and Baghdad, and in Amman, Jordan, as well as Kuwait, Riyadh, until it turned U.S. embassies and offices diplomacy to manage what the newspaper described turning off "the biggest fires Middle East "
[link to translate.google.com]

Now, even the "terrorists" in the protester camps are getting on board. It's all coming together. y'all.


Protesters agree to support the Iraqi Security Forces

Link:
[link to translate.google.com]



The leader of the Iraqi Awakening, Sheikh Ahmed Abu Risha, on Thursday, that the leaders of the demonstrations had agreed at a meeting on Thursday, to authorize Sheikh Abdul-Malik al-Saadi to negotiate with the government, stressing that the protesters agreed to support the Iraqi security forces in all its formations and التسمك argument and moderation during Friday sermons.

Said Abu Risha, in an interview for "Alsumaria News", "The leaders of the sit-in Anbar and various cities of Iraq, Juloa Sheikh Abdul-Malik al-Saadi to negotiate with the government on their demands," stressing that "the demonstrators supporting the national dialogue purely between the government and their representative Sheikh Saadi" .

He said Abu Risha, that "an expanded meeting in the city of Ramadi, held by representatives of the squares sit in a number of provinces on Thursday, concluded an agreement to support the attribution of the Iraqi army and security forces in various configurations," noting that "the meeting also agreed on adhering to moderation in the speeches Friday. "

Last Edited by Revbo™ on 05/02/2013 06:37 PM

Perhaps the big boys in the US and international banking are ready to make it happen, if so, it could go off at any moment. Tickets and passports ready?

Hells yeah!



I'm just gonna put this in here, because I've come across this guy for the past few months and all he ever does is bitch.

Rebel:
I was holding back a lot of good feelings, even a little excitement, with the news from yesterday until the was a little more confirmation of the Kurds deal with Malili. The appearances at the council today would certainly appear to indicate the agreement was signed. Now if Maliki will qui ally follow through, it might be time get out the dancing shoes. Thanks for the info.

Last Edited by Revbo™ on 05/02/2013 11:09 PM

Does Chapter 7 play in this?

I think they get Ch7 when they give us our money.

Was that put in the 2013 budget? Or do you know?

Just speculating.

03/05/2013

BAGHDAD / obelisk: Iraq's Council of Ministers decided, on Thursday, to approve the transfer of funds earmarked for Iraqi pilgrims to the dollar at the official rate of the Central Bank, acknowledged the petro-dollar share of the province on the basis of quantity exported in the previous month.

A statement issued by the government and got "obelisk", a copy of it, that "the Council of Ministers decided during its regular 17 Prime Minister Nuri al-Maliki to approve the request of the CBI judge to transfer the amounts allocated to Iraqi pilgrims to the U.S. dollar at the official rate of the Central Bank."

In a separate context, the statement said that "the Council acknowledged to be the province's share of the petro-dollar per month on the basis of quantity exported for the previous month" .

[link to translate.google.com]


tlar:
If this article means what I think it means, it is extremely important. The article not once but twice references transferring of funds to the provinces. But read closely. I think they are transferring USD and not dinars. In the past they have always transferred dinar. If they are transferring USD, this makes sense only if the CBI is holding on to all the dinars, not wanting them to go back in circulation. If more articles come out suggesting that the provinces are being paid their share of "the petro dollar" at the value of the CBI's program rate, that has to mean they do not want to pass out dinar. One of the things that concerned me as they passed the budget, is the provinces being paid in dinar. If they were paid in dinar, millions become billions and billions become trillions. They would be flooding Iraq with the trillions of dinar that they had just bought back, making it much harder to change the value. IMHO if I'm right, the next dinar these provinces will get from the CBI most likely is the new dinar, if this is truly what is happening. This is another sign to me that the plan is not postponed again but is still on. A few more articles like this suggesting the CBI is releasing budget funds in USD only, will help confirm my suspicions. Of course I could be wrong but if I'm not, I think news this is a great tidbit.

ZenMaverick:
Tlar, I think you've nailed it. If one substitutes "IN US DOLLARS" for the expression "to the dollar" the ambiguity is eliminated. I dare say that if the provices were being compensated in dinar that the text of the article would even read "to the dollar" much less even mention the official rate of the CBI. What's the point of mentioning the exchange rate without an exchange?

Last Edited by Revbo™ on 05/10/2013 11:26 AM

So, while we wait.....

Finance parliamentary calls for the need to implement the project to delete the zeros and replace the current currency

04 May, 2013 07:46:00



Finance parliamentary calls for the need to implement the project to delete the zeros and replace the current currency

Finance Committee demanded the Iraqi government and parliamentary management of the Central Bank of the need to implement the project to delete the zeros and the current currency exchange described by Balkadima and removable fraud.

Said committee member Abdul Hussein al-Yasiri that Iraq needs a new currency, clean and non-for forging the fact that ancient coins consumed after circulating for a long time became during which easy forgery and counterfeiting, and added Yasiri project to delete the zeros delayed for various reasons, one of the most important projects that support monetary policy in Iraq, to the Finance Committee, said that the process of national currency switch when you delete the three zeroes tubeless Act legislation before the House of Representatives, but with instructions issued by the central bank, said that the central bank law gives him authority to the currency exchange and restructuring.

Carmen
[link to www.alfayhaa.tv]

TS,

Glad to be on good standing with you. Maliki is not a popular character there. May we count our blessings !
[link to www.microsofttranslator.com]

Good to see you glad you dropped by. soon come.

Provincial councils: Maliki to lose 30% of its influence and chest and Hakim يحصدان the the 118 seats





BAGHDAD / Press-term

Produced a results of provincial elections, according to the final declaration of the Commission, and a different reality in the areas controlled by the coalition of Prime Minister Nuri al-Maliki, as it lost about 30% of the seats compared to cycle 2009, despite his alliance with the Badr Organization and the Virtue Party and the Reform Movement, led by Ibrahim al-Jaafari.

Did not reap-Maliki and his allies, according to the final results of more than 97 seats in the provinces, while each received alliance citizen of the Supreme Council and lists Sadrist 118 seats, which would mean by observers to end the monopoly of state law for local authorities in all the provinces south of Baghdad and in the capital itself, and will draw weights different in parliamentary elections after nearly 10 months, particularly as it was accompanied by the rise of the civil movement and a number of independent lists that can improve performance.

The Supreme Council won 61 seats, also obtained lists of the Sadrist movement on 58 the progress of 41% from the previous local elections.

The Sadrists announced, on Sunday, that "one of the most winning lists" in the elections by winning an increase of 41% from the previous session, while pointing out that the mass of the citizen "key ally" for the formation of local governments, he stressed that the system of Saint Lego contributed to the low representation of the representation of the Sadrists in Najaf.

The Secretary General of the Liberal bloc in Iraq Zia al-Asadi at a press conference in the presence of the winning candidates of the Liberal bloc in all the provinces and the 58 candidates at the headquarters of the political body of the Sadrist movement in Najaf and attended (Long Press), said that "according to the results of the elections, the proportion of the Liberal bloc achieved by and which got 58 seats show that we are one of the most winning lists in the elections. "

Asadi added that "we have obtained seats in this election than the previous session with 17 seats, an increase of 41%, while the citizen got a block on a 7% increase from the previous elections and a coalition of state law, 30% decrease from the previous session."

Between al-Asadi that "the number of seats we have obtained is 58 seats while we got in the previous session of the 41 seats in all the provinces and our motto is to serve all Iraqis." On the next to form alliances of local governments Asadi said that "open alliances horizon ahead of us for the next stage but the closest ally is a mass citizen but is a key ally and all menus currently being negotiated and there are meetings and dialogues did not end until this moment."

[link to almadapaper.net]

Does this say they're going to pass HCL this week? The current session ends on the 15th, btw.


Monday, May 6, 2013 13:52
Adoption of a compliance mechanism for a vote in the House of Representatives





Baghdad / Baghdadi news / .. Said the spokesman of the Kurdistan Alliance MP pro-Tayeb, on Monday, the agreement of the political blocs to adopt vote in accordance to the laws listed in the House of Representatives, unlike the previous mechanism, which was based consensus.

Al-Tayyib told / Baghdadi News /, that "the law of oil and gas of the most important laws needed by the economic side, and that future meetings of the Council of Representatives, will see the first reading and the second and the drafting of the law by specialized committees in preparation for a vote in parliament." Taib ruled out postponing the law for the next parliamentary session. "
He added that "during the meeting between the delegation of the Kurdistan coalition force and the National Alliance was agreed to approve oil and gas law during the current parliamentary session."
Observers believe that the House of Representatives is trying through the adoption of a compliance mechanism, to avoid delays in the approval of many of the laws pending. Added to avoid any potential withdrawals to parliamentary blocs may affect the quorum in the House of Representatives during the coming sessions and therefore the inability to pass Laws. As happened during the adoption of the budget session ended / 21


Read more: [link to dinarvets.com]

Sounds like it to me! ;)

Cool. I just wanted another opinion because they could have the editor of the Oxford Dictionary say it in perfect Queen's English and I still wouldn't believe it.