[millionday] here we go
[millionday] Baghdad confirmed a member of the Commission on oil and energy parliamentary Susan Saad, said Friday that put the law of oil and gas during the sessions of the current session has become impossible because of the size differences him and crowding out other laws. said Saad for "tomorrow's Press,"
said that "differences on oil and gas law very large, especially by the Kurdistan region who wants wider powers in export operations, exploration and other, as well as the internal differences between the blocks on the mechanism put the law or use it as leverage to pass other laws.
[millionday] " and added that "the center of those constraints faced by law it is impossible to there is an intention to approve or even raised for discussion during the sessions remaining life of the House of Representatives, "indicating that" the implications of the delay laws are clear on the export of oil and benefits of oil to the people, as well as abuses that get the oil sector. "
Read More Link On Right
confirmed Saad that "the law alone regulates All of these processes accurately according to the benefits of national and evident to all. " and the Iraqi government announced, in the 28th of August 2011, on the ratification of the draft law of oil and gas, and decided to forward it to Parliament for approval, while announced the Office of the Deputy Prime Minister for Energy
[millionday] note -- the expansion of powers for kurdistan region in exporting is very interesting -- they want to be able to do business in the open market and should be able to through private sector development with their constitution but not government production etc ---
[millionday] operating on supply and demand would allow sales on the private side but they are just beginning so we will see how this turns out --- a free market economy is internationally compliant though -- smile
[millionday] i like that they are saying there are too many laws to add this at this point in the session -- huge encouraging --
[millionday] here is the rest of it >>>>>>>>>>> Hussain al-Shahristani, in the second from last July, the government introduced "some adjustments" to the draft oil law, which is long overdue and reviewed by the Energy Commission of the Cabinet. noteworthy that the draft law of oil and gas, sparked mixed reactions, most unit position of the Kurdistan Alliance and the Presidency of the Kurdistan region, while the predicted Vice Chairman of the Commission on oil and energy parliamentary Ali Fayad, that carries the new project, which was approved by the government, flexibility and wide receiver companies wishing to develop the oil industry, as confirmed al-Shahristani said the law does not hinder the work of international companies wishing to invest.
millionday] that is exactly what we have been saying -- changing a law by amending etc -- does not mean production stops of oil ----
[millionday] and there is the statement that shows that -- huge comment
[millionday] the oil ministry in Iraq can approve contracts for international development constitutionally
[millionday] brb with more
[awesomedtl] Side note .... I had an appt this morning met with some business owners..... There dad lives in bagdad and there uncle is from krg! Interesting conversation
[millionday] awesomedtl nice
[awesomedtl] Let me say.... They said that country is totally corrupt* *lol
[millionday] . Informed sources in Seoul, the veil, that the establishment of a South Korean companies won a contract to implement a project to build an oil refinery facilities in Iraq, valued at 6.04 billion U.S. dollars.
The news agency quoted "Yonhap" South Korea - in the news broadcast on its website - all of these sources, as saying that this project, which is run by Oil Projects Company (Scoop) Iraqi, will be implemented in the city of Karbala, about 120 kilometers south-west of Baghdad.
[millionday] there comes that refinery -- nice
[millionday] The North Oil Company in Kirkuk declared resumption of pumping oil from the Kirkuk oilfields to the Turkish port of Ceyhan after four days for being exposed an act of sabotage near Hadher city south of Mosul .
A source in the company told the reporter of the National Iraqi News Agency / NINA / that the pumping operations of the company across the Iraqi-Turkish resumed as normal today and up to 300 to 325 000 barrels of the total output of 690 000 barrels per day after it was repaired. The Iraqi-Turkish line is being subjected to sabotage since 2003, but it was doubled over the past year in the region between Baiji and Mosul .
[millionday] so that is huge -- they have finally competed the pipeline and begun
[Danalivin4HIM] now wouldnt you think they would want to increase the rate to make more money?
[millionday] Danalivin4HIM exactly -- they have stated multiple times they are increasing the rate -- gosh they are slow
[hacksaw] I closed my Wells Fargo account recently. Then last week got a letter saying they are going to initiate a $5 charge on transactions involving international currency in April. I wasn't aware they are already dealing in international currency, so is this news or just that they will charge for an existing service.
[Danalivin4HIM] millionday agreed
[millionday] hacksaw that is an existing service
millionday] that is huge though that they are sending out letters to show fees --
[millionday] i wonder if everyone got one ?
[disciplers] MD - we just got one
[millionday] disciplers thanks hun --
[millionday] do they know you have dinars? or have you done previous business with them international currency wise
[millionday] that is interesting -- have me intrigued now smile
[hacksaw] millionday I did not tell them though the guy who opened the account hinted they would..mentioned dinar
[hacksaw] he only said someone had asked him about dinar and was that it with me
[millionday] i know a corporate head for wells fargo -- maybe i can get some info brb with more
[hacksaw] I did not do anything but make a deposit
[hacksaw] I made the account by phone but he did querie me about dinar a bit
[millionday] i asked a manager in one here helping someone a few months ago or maybe two months and he said they are training
[hacksaw] millionday so they are talking about it a little
[millionday] in a round about way -- weird code talking and winks and smiles -- so strange not to come out with this
[millionday] yes little -- no one in the bank but me brb with more
[millionday] here we go this is very interesting it is Babylon news
[millionday] Babylon Council decided to Babil province, on Friday, disinfect drains and digging a trench separating the province from the Anbar province, while calling the federal government to provide helicopters and increasing financial allocations to support security efforts in the province.
[millionday] said Chairman of the Board of Babylon Raad Hamza al-Jubouri in a press statement seen by the Agency for News News (et) , "The Council held, today, an extraordinary session and the confidentiality of the presence of the commander of the Middle Euphrates Gen.
Othman Ghanimi and governor of Babylon and security chiefs to discuss the security problems and violations that occurred during the past few days, and most recently the fall of three mortar shells on Thursday at a popular market in the district of Musayyib north of Babylon.
added Jubouri that "the Council decided to clear all drains and canals of reeds and papyrus and modify the ground and dig a trench and build a concrete wall reinforced towers control separates the provinces of Babil and Anbar,"
stressing "the issuance of directives obliged to circle the maintenance of irrigation and drainage projects cleared the drains in the area of cliff the rock of the reed and papyrus as provide safe havens for terrorists, to assume the leadership of the Middle
[millionday] note -- they are digging trenches and building a concrete wall to go around Babylon with towers
[millionday] Middle Euphrates Protection Insurance Associates and mechanisms. " Jubouri and that "the Council recommended that the support of the security services of the army and police and the offices of intelligence through the increase in the number of its elements, as well as the processing of maintaining helicopters are under the command Euphrates operations in the event of any emergency within the area north of Babylon. "
and demanded Jubouri the federal government to "increase the number of employees of the police and army to fill the gaps in the areas north of Babylon, as well as increased financial allocations for the security services."
[millionday] very smart -- they should do that in Chicago and LA too -- smile
[millionday] this is actually very smart and think of the jobs because they produce cement -- so the overhead on the projects will be local and so will the revenues
[ivorygal] I wonder how they would feel about the fact that they're fulfilling Biblical prophesy.
millionday] ivorygal i know right --- huge news smile that is amazing brb with more oh didnt realize how late it was does anyone have anything they want to bring
[swan2013] millionday so more progress which is always a good thing?!!!
[millionday] very good progress always it seems -- everyday we see more
[coolspot] ivorygal the seeds from the prayer of Daniel are beginning to sprout and bear fruit!!
[awesomedtl] Could u just confirm later if the article about cbi havin green light to change currency at anytime was valid and credible??
[millionday] very encouraging to me
[swan2013] millionday thank you for your time as always.
[millionday] awesomedtl yes can someone bring it in lets read it
[awesomedtl] Ty so much for ur relentless efforts for the community
[millionday] yw all the time i love it here we all do feel right at home
[slh5282] and we love you for doing all you do
[awesomedtl] I'm on iPhone can't bring it sorry
[HGINVEST] I have it but you need to translate http://www.azzaman.com/? ··· PEy.dpuf
[millionday] great thanks brb
[coolspot] slh5282 and that love is received and added too and returned to you
[awesomedtl] HG thank u
[HGINVEST] you bet
[millionday] yes this is true
[awesomedtl] Is that one that was in observer by poppy !? yesterday
[millionday] we had when it came out on the 17th this month
[awesomedtl] Wholly carp whoop whoop
[millionday] this is the order to move forward and raise the value and also put the international rates out here it is for those that missed it
[slh5282] Millionday, so they are giving the green light to begin
[millionday] we had more than one that night the 16th
[HGINVEST] MD did they already begin
[millionday] need to pull that chat and read it too -- huge news that night
[millionday] The head of the governor of the Iraqi Central Bank and the Agency Abdel Basset Turki a meeting of general managers in the bank and a number of departments, private banks, as well as members of the Association of Banks in non-governmental organizations in Iraq.
A source of (time) yesterday (that the meeting discussed the instructions for the sale and purchase of foreign currencies that have been working out from last Sunday,
he said (banks expressed their willingness to implement the instructions to enhance the value of the Iraqi dinar against foreign currencies and began procedures to implement those instructions in support of the national economy and the process of development).
[awesomedtl] Is cbi deaf !? I'm fluent in sign language get er done!
[slh5282] Millionday, I noticed yesterday the street rate and the CBI rate was within 2% which is unbelievable
[millionday] HGINVEST yes -- we saw that the auction for yesterday letting us know that private banks are following the regulations to be compliant
[awesomedtl] But that is not the 2% they are referring to is it!? Md
[HGINVEST] wonderful, one more question please
[millionday] awesomedtl they have given orders to be done by all banks to meet compliance and deadlines for reserves etc
[millionday] awesomedtl no not the same -- that is what they had as spread on the streets
[millionday] HGINVEST sure go ahead
[HGINVEST] the cbi is not showing any updates for the canadian currency from todays auction any ideas
[pinklady] The news you have brought here has been so awesome that sometimes it goes right over our heads!* *
[dinar dave] They get their numbers from the IMF site
[swan2013] pinklady most of the news that comes in from all researchers goes way over my head! that is why I love the explanation with the article. gives me an idea of what is going on* *
[millionday] HGINVEST i know that they have recently completed many contracts with Canada and they have signed multiple agreements as well -- but just dont have the exchange rate on cbi
[dinar dave] Sometimes the IMF goes home early
[Mrs BGG] Thank you millionday & rudie & Robinredhed!!! You'all are a blessing!! We are blessed to have them here at DU* * *
[HGINVEST] ok thanks
[swan2013] Mrs BGG I second Mrs. BGG... many many thanks
[dinar dave] You'll see them today
[millionday] pinklady oh i hope not -- i am trying to explain as clear as i can if you ever dont understand let me know and i will go through it again with everyone so we can all understand
[allinxpress] OK...is it written anywhere in ink that once Iraq joins the WTO they absolutely have to trade their currency internationally?
[millionday] allinxpress it is the world trade organization -- in order to trade in the world it is in ink all over the world in every text book and the internet -- have to have reality rate and also internationally traded currency
[millionday] have to have it and they have said march but they said jan too so we have to see
[allinxpress] OK so no matter what that will be the end date
[millionday] allinxpress they wont be active until they have done it OK. Ty
[millionday] yw all the time hun
[millionday] see everyone tonight at dinarupdates.com at 730 est for our newstime