6-4-2012 SWFloridaGuy: I think it's interesting the US is pushing for the HCL now. The last couple months we've witnessed an accelerated push to gain a consensus and resolve the differences that existed between the Parliamentary groups regarding the HCL law, after the Security Council made some modifications. Now the US ambassador is advising Iraq on the benefits and importance, on an economic level, the Oil & Gas law will have to the Iraqis.
The aim of this law to achieve the highest benefit to the Iraqi people and ensure a partnership between the federal government and producing provinces to produce the highest level of growth in reserves and production. This is showing that Iraq has improved synergism between the federal and state authorities. This operation in Iraq requires the latest technologies and coordination between the Iraqi oil sector and the global oil industry.
June is a HUGE month for Iraq. Every single salient issue that's necessary for Iraq moving forward politcally and economically is being addressed this month. The potential for June subsumes Chapter VII, Erbil, HCL, permanent Ministers, announcement of the Strategic Council, the fate of the Prime Minister, tariffs by the end of the month and maybe, just maybe... our precious RV. I doubt Iraq's economy will remain stagnant too much longer. Only time will tell.
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The aim of this law to achieve the highest benefit to the Iraqi people and ensure a partnership between the federal government and producing provinces to produce the highest level of growth in reserves and production. This is showing that Iraq has improved synergism between the federal and state authorities. This operation in Iraq requires the latest technologies and coordination between the Iraqi oil sector and the global oil industry.
June is a HUGE month for Iraq. Every single salient issue that's necessary for Iraq moving forward politcally and economically is being addressed this month. The potential for June subsumes Chapter VII, Erbil, HCL, permanent Ministers, announcement of the Strategic Council, the fate of the Prime Minister, tariffs by the end of the month and maybe, just maybe... our precious RV. I doubt Iraq's economy will remain stagnant too much longer. Only time will tell.
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