Millionday Roundtable 10/27/14 Part 1
Welcome to dinarupdates.com for Roundtable with Millionday!
Millionday: We are delighted to announce the participation of Iraq’s South Oil Company Delegation to the Basra Oil, Gas & Infrastructure Conference 2014:
Abdulkareem Qasim Lazem Al-SreahSenior Chief EngineerSouth Oil Company, Ministry of Oil, Iraq's Government
Mohammed Abdulradha HassanSenior Chief EngineerSouth Oil Company, Ministry of Oil, Iraqi Government
Millionday: Majeed Muhammad MuhawiChief GeologistSouth Oil Company, Ministry of Oil, Iraqi Government
Mussab Abdulmahdi AbdullahEngineerSouth Oil Company, Ministry of Oil, Iraq's Government
Hayder Abdul Ameer Al-IessaEngineerSouth Oil Company, Ministry of Oil, Iraqi Government
Millionday: NOTE -- THIS IS TODAY
Millionday: Noor Qasim MohsinAssistant EngineerSouth Oil Company, Ministry of Oil, Iraqi Government
South Oil Company (SOC) Logo (2)
The South Oil Company Delegation together with the Basra Governorate confirmed to be hosting the Basra Oil & Gas Gala Dinner on the 27th of October. Click here to view all our networking functions
Basra Oil, Gas & Infrastructure Conference is the first strategic forum focused for the first time ever on the huge potential of Basra Province and the potential of Iraq’s oil and gas industry, highlighting major opportunities not only in the oil and gas industry but in all sectors in Basra.
Under the patronage of the Basra
Millionday: NOW THIS IS THE BEST PART -- KEEP IN MIND THAT OIL IS SOLD ON THE MARKET –
IT IS GLOBALLY PRICED AND WILL BE PART OF THEIR STOCK MARKET
Millionday: Governorate and the Basra Council, the conference will unlock the potential of Basra Province, identifying the next steps in positioning Basra on the global energy map as a major oil and gas producing province
Millionday: SO THIS IS GREAT NEWS AS WE CAN ALL SEE -- THE OIL LAW WOULD BE THE NEXT QUESTION
Millionday: BRB WITH MORE
Millionday: Iraqi Council of Representatives, in its meeting scheduled on Tuesday, which will be attended by Finance Minister Hoshyar Zebari, and oil Adel Abdul-Mahdi, the financial and economic situation of the country
Millionday: He said the National Alliance MP Majid Ghraoui in a statement to "Khandan", that "it is within the agenda House of Representatives for tomorrow hosting and Ministers of Finance and the oil in the federal government to talk about the conditions of the financial budget for 2014,
as well as financial and economic of the country's situation, "adding that" among the questions that will be presented to the ministers, the security file needed by Iraq to fight terrorism allocations,
as well as the impact of lower selling prices Oil on Iraq. " He noted that "the financial budget up to now in the Cabinet, has not been sent to the House of Representatives,"
adding that "when the Council will hold an amendment in accordance with the proposals by the House of Representatives, and then recognize."
Millionday: SO WHAT THIS IS SAYING IS THE MINISTER OF FINANCE WILL BE IN PARLIAMENT TOMORROW AND SO WILL THE BUDGET –
THEY WILL DISCUSS THE OIL REVENUES AND THEIR ECONOMIC CONDITION IN IRAQ
Millionday: THIS IS FINALLY GOING TO BE IN FRONT OF PARLIAMENT
Millionday: THIS WOULD BE THE EMERGENCY BUDGET ETC WE HAVE READING ABOUT
Millionday: YES AT ROUNDTABLE YOU CAN CHAT AT THE END OF REPORTS ABOUT THEM AND ASK QUESTIONS
Msculver: what about hcl?MArco: IS this also part of the HCL
Millionday: THE HCL WAS BEING WORKED ON BY THE BOARD ARTICLE 112 AND 113 AND I AM LOOKING FOR VERIFICATION
Holly1: I found a report stating they will NOt discuss the Budget .... Iraq Parliament not to discuss Budget Law on Tuesday session
October 27, 2014
Millionday: I SAW IT -- THEY ARE GOING TO BE DISCUSSING IT HOWEVER
Millionday: TOMORROW AT PARLIAMENT
Millionday: SO MANY WEIRD REPORTS OUT IT IS NUTS
bluedog Millionday: so, in your opinion, what are we waiting on yet?
Millionday: THEY HAVE NOT CHANGED THE RATE YET AND OBVIOUSLY THE OIL IS HUGE BEING 75% OF THEIR REVENUES -- SO I FEEL AS THOUGH WE ARE CLOSE AND WAITING –
CBI IS DONE AND GOI -- SECURITY IS AN ISSUE BUT WE SEE HUGE HELP WITH THAT AND THEY NEED THE FUNDS TO PAY FOR THEIR HELP WEAPONS ETC
Millionday: BRB WITH MORE
faith1: sorry I'm late,, caught this ,,[12:12 PM] Millionday:
Governorate and the Basra Council, the conference will unlock the potential of Basra Province, identifying the next steps in positioning Basra on the global energy map as a major oil and gas producing province...
the conference will unlock the potential of Basra Province, identifying the next steps in positioning Basra on the global energy map... ohh my ,, whoo pow !! thanks
Millionday: praised President Fuad Masum, on Monday, the role of the United Nations in helping Iraq through aid to the displaced and displaced persons in all Iraqi cities, while the organization confirmed that Iraq is a priority.
He said a press statement by the Presidency of the Republic, I got "obelisk" a copy of which, "The President of the Republic Fuad Masum received, the Deputy Secretary-General of the United Nations Jan Eliasson with the Special Representative of the Secretary-General of the United Nations, Vladimir Miladinov, was through talking about the relations between Iraq and the United Nations meeting." .
Millionday: NOTE -- IRAQ IS A PRIORITY
Millionday: "The president praised the role of the international organization to help Iraq through aid to the displaced and displaced persons in all Iraqi cities,
as well as the organization's efforts in the success of endeavors to accomplish national reconciliation."
He continued, "it was an exchange of views on the seriousness of the criminal acts carried out by Daash terrorist gangs and the threat to international peace and security,"
noting that "it was stressed that the scourge of terrorism does not stop at a particular state, but will extend to affect everyone so it requires cooperation and unify positions on the level regional and international levels to eliminate this threat. "
Millionday: NOTE -- THIS IS A GREAT MEETING WITH THE UN AND OBVIOUSLY SO TRUE -- THEY NEED INTERNATIONAL HELP AS IT WILL TAKE IT
Millionday: For his part, Eliasson said that "the visit to Iraq comes to confirm his support for the United Nations", stressing that "Iraq is part of the organization's priorities,
which is following with interest the evolution of the situation there."
Eliasson said that "the organization is working to mobilize international support for Iraq's positions on the road to the success of the national reconciliation and development support through humanitarian programs offered by its affiliated institutions."
Millionday: THE UN IS HELPING IRAQ TO BE SUCCESSFUL BY MOBILIZING INTERNATIONAL SUPPORT AND I HAVE TO SAY A LOT HAS COME TO HELP TOO ----
KUWAIT IS STATING THAT THEY ARE GOING TO HELP WITH THE DISPLACED SO THAT IS A START AND HUGE
Millionday: END OF REPORT -- IT SURE SOUNDS POSITIVE FOR SURE
RML: Will we get a heads-up, re:the UN's status to release Iraq fully from currency restrictions?
Millionday: THE MOVE TO A MARKET ECONOMY IS FROM IRAQ AND ALSO THE REFORMS BEING ACTIVATED AND THE RATES BEING RELEASED --
Millionday: ALL THAT HAPPENS WITH THEIR MARKET WILL HAPPEN ALL AT ONCE SO THE LAWS DONT DESIGN AN UNLAWFUL EVENT FOR INVESTORS OR FOR IRAQ
Millionday: EACH REFORM IS DESIGNED TO SUPPORT THE OTHER
RML: So, there's no punch list from an outside source per se, more an internal "sense" that they are ready to go?
Millionday: I AM LOOKING FOR SANCTIONS THAT ARE LEFT
Comments may be made at the end of Part 2 Thank You