Post From Peoples Dinar
Millionday News Time 8-5-16 Part 1 of 2
Welcome to News Time with Millionday!
millionday GET YOUR HAT AND READ EVERY WORD
millionday Imad emirate said the scholar d. Ahmed Omar al- Rawi from Al - Mustansiriya Center for Arab and International Studies: After the change experienced by Iraq, had to be modified and the issuance of new legislation dictated by the nature of the developments and changes in the political and economic aspects of the local and international level, as legislation governing the energy investment (oil and gas) , the nature of the developments and changes in the political and economic aspects of the local and international level
millionday NOTE -- THE LEGISLATION GOVERNING ENERGY IS HCL
millionday the investment climate in order to create encourage foreign investment to help rebuild Iraq after disabling most of the economic sectors. The narrator in an interview with «morning» the need to complete the legal system support to encourage investment
millionday NOTE -- DUE TO THE MOVE COMING TO REBUILD IRAQ -- THEY NEED TO ACTIVATE THE LEGAL SYSTEM --- ALONG WITH HCL
millionday particularly in the field of energy to maximize the investment in this vital sector so as to provide for the management of energy resources , institutional framework and achieves the highest levels of the economic viability of the country.
millionday NOTE -- THE LAUNCH OF THE LEGISLATION TO REBUILD IRAQ AND OPEN TO INVESTORS HAS BEEN CALLED FOR --ON AN INTERNATIONAL LEVEL
millionday Institutionalized system where indicated draft oil and gas law to form the founders of the system is the Federal Council for oil and gas, regional bodies and the Office of advisers as well as to regulate the role of existing institutions such as the Ministry of oil and BSA.
He said al- Rawi, reinforcing the legislative role of the Parliament and the Council of Ministers of the Federal policy in the exploration, production and marketing of energy
millionday NOTE -- THIS IS WHAT WE WERE TALKING ABOUT WITH THE LAWS BEING COMPLETED AND TO NEVER BE SEEN AGAIN -- THEY ARE PREPARED FOR THE APPROPRIATE TIME AND SITUATION FOR THE LAWS WRITTEN AND THE COUNTRY -- IMO
millionday adding that the passing of the bill will contribute to the transfer of modern technology to the oil and gas sector through the establishment of foreign direct investment companies in the industry, and will contribute to the training of national cadres working with those companies. among the narrator, when implementing the contents of basic oil and gas law is necessary
millionday NOTE -- THE IMPLEMENTATION OF THE HCL TIME HAS COME -----IT IS NECESSARY
millionday to prevent the existence of regulatory and administrative loopholes for the oil and gas sector, as it explained the law a lot of material on the organization of the relationship between the legislative and executive institutions, as defined powers for each of the local departments of the provinces and territories and administration Federal.
Mickey29 Whoopow WOW
millionday NOTE -- THIS IS VERY EXCITING AND IS THE LAUNCH OF NOT ONLY THE LEGISLATION BEING CALLED FOR BUT IS ALSO BEING ASKED OF THE FEDERAL ADMINISTRATIONS AND INSTITUTIONS
millionday He noted the establishment of the Federal Council for oil and gas , which consists of membership of the ministers of oil, finance, planning and the central bank governor and a representative from each province increase its production from 100 thousand barrels of oil per day, as well as chief executives of the oil institutions and competent experts no more than three.
millionday NOTE -- OBVIOUSLY THIS IS HUGE AND IS THE FORMATION FOR THE BIGGEST PORTION OF THEIR MARKET ADMINISTRATION --
millionday READ EVERY WORD
millionday oil policy He continued, reported the draft law take over the Federal Council for oil and gas responsibility of the federal oil policies and implementation plans and develop the fields and decide on exploration and production , and its amendments decades mode, as defined Article VII of the bil
millionday NOTE -- THIS IS FUN
millionday to the Council the right preparation and drafting of oil and gas federal laws, and the approval of the international oil agreements
millionday drilling and production and said the narrator that the draft pointed to the inclusion of the bill all regions of Iraq organized by oil operations has not been limited so to specific areas, as well as the granting of licenses for oil operations on the basis of exploration and production between the oil ministry or body and regional companies and people of Iraqis and foreigners ,
millionday NOTE -- ALL OIL CONTRACTS ARE TO BE APPROVED AND GRANTED
millionday while the granting of production licenses in the fields currently producing national oil companies. He concluded the narrator, he has said the law that held exploration and production really gives exclusively for exploration and production in the contract area, and gave the law the right of the investing companies
millionday NOTE - LOCAL LICENSING FOR THE IRAQI OIL COMPANY AND ALL CONTRACTS FOR INVESTORS SMILE
millionday the possibility to retain exclusivity rights for the refining and production of oil for a period not exceeding 20 years and can be extended for five years time one, as the investor may finance the net profits derived from oil operations out of Iraq after the payment of taxes resulting from his trust, and he may be re - invested within the scope of his employment contract.
millionday NOTE -- REMEMBER THE NEW REFINERIES WE HEARD SO MUCH ABOUT -- THIS IS NOT THE GLOBAL NORM TO SAY THE LEAST
millionday SO AS WE SEE THIS IS HUGE AND OBVIOUSLY IS THE CALL FOR ACTIVE INVESTMENT ACROSS THE GLOBE BY CONTRACT -- HCL -- AND ALL LEGISLATION FOR DISTRIBUTION TO BEGIN FROM ENERGY AND FEDERAL COUNCILS FORMED FOR JUST THIS
Mickey29NWhoopow HCL Huge
chickadee just a BIG WHOOPOOW
millionday SOMETHINGS SHAKING
millionday HERE COMES A HUGE ANNOUNCEMENT
millionday After selecting the National Investment Commission end of this month as the date for the issuance of the investment project of Imam Hussein Airport vacation (p international) in the holy city of Karbala, predicted expert civil aviation to achieve revenue of millions of dollars from the operation of the airport annually.
millionday NOTE - THIS HAS BEEN IN RUINS FOR YEARS AND WILL BE A LEAP FOR INVESTMENT AND THE REGION ETC
millionday The expert said Manaf Hussein morning that Hussein Airport (p) would be a quantum leap in the Iraqi aviation history, particularly that it will be the most advanced in the region and will bring revenue could exceed $ 100 million annually, the importance of the historic city , which is witnessing a visit millions of believers from every corner of the world every year
millionday NOTE -- OBVIOUSLY THE DIVERSIFIED MARKET OF TOURISM --
millionday the expert pointed to the project is implemented in accordance with the three - stage card passenger from 15 to 20 million passengers a year, indicating that the designs prepared by one of the French offices according to the latest international standards for the establishment of airports.
millionday NOTE -- HUGE INTERNATIONAL AIRPORT ---
millionday the head of the investment Commission , Sami al - Araji , said while attending the Karbala Provincial Council meeting last week: that «cabinet will issue the investment license for a draft of Imam Hussein Airport« peace be upon him the end of the month of august during the meeting, according to a statement of the province, received Sabah copy of it »listening to a detailed explanation by the chairman of the national investment Authority
millionday NOTE -- THIS MONTH AUGUST WHOOPOW
millionday It is said that the Ministry of transport last March received all the charts and maps and tablets and sculptures on a project for Imam Hussein airport (AS) in the holy city of Karbala for the delegation threshold Hosseinieh that have adopted the construction of the airport after the crash for years.
millionday the Commission announced controls on investment in the Karbala Provincial Council, in the fifth from January last completion of the outer fence of the airport project within the good specifications.
millionday SO AS WE SEE THIS IS GOING TO BE DONE IN A HURRY -- HUGE PROJECT AND CONTRACT -- KARBALA WILL BENEFIT IN A BIG WAY AND SO WILL THE CITIZENS