Post From Wealthwatch.world Chat Room 10-23-15
Wealthwatch Morning Chat 10-23-15 Part 1 of 2
chattels: New North Oil director installed New North Oil director installed Gas flares burn at the Kirkuk oil field on Jan. 06, 2010. (MARWAN IBRAHIM/AFP/Getty Images) By BEN LANDO AND STAFF of Iraq Oil Report Published Friday, October 23rd, 2015
The Kirkuk government has formally welcomed Fareed al-Jadir as head of the state-run North Oil Company (NOC), despite previous demands by the local government for a Kurd to lead the company.
The ministerial order naming Jadir said the promotion was effective Oct. 8, according to a copy obtained by Iraq Oil Report.A senior NOC official said that initially "the government in Kirkuk refused the appointment order, and did not allow Jadir to assume his duties in this regard. www.iraqoilreport.com/new... LINK
chattels: " ,,,,,, despite previous demands by the local government for a Kurd to lead the company ......"
chattels: " .......... initially "the government in Kirkuk refused the appointment order, ......"
chattels: Kurdish oil minister: revenues in 2016 could reach $11b By RÛDAW
chattels: ERBIL, Kurdistan Region – The Kurdistan region could earn an estimated $11 billion in 2016 from oil and other sources if it sells its own oil globally, Kurdish oil and natural resources minister Ashti Hawrami said. In an interview with Rudaw on Wednesday, Hawrami also blamed the current financial crisis in the Kurdistan Region on Erbil’s lagging dispute with Baghdad and the political deadlock in Kurdistan over the presidency.
“The main reasons behind delayed payments are two: a political crisis with Baghdad and the Kurdish political leadership,” Hawrami said. He explained that Kurdish politicians were unable to decide on an alternative plan calling for direct oil sales, after Baghdad failed to honor an agreement signed last year.
[07:22:58 AM] chattels: “I had an alternative plan, which was to sell our own oil,” Hawrami said, criticizing the Kurdish politicians and leadership and blaming them for wasting six month to finally agree on implementing his plan.
“Baghdad was not able to send the budget that we agreed on, which was $1 billion monthly, and which was enough to pay the salaries,” Hawrami said. “They have only sent $200 million for the first month and $300 million for the second month,” he added.
According to the Erbil-Baghdad agreement signed last year, the central government should have given 17 percent of the national budget to the Kurdistan government -- estimated at $1billion – for oil supplies from Kurdistan of 550,000 barrels per day.
[07:23:28 AM] chattels: Based on the ministry’s calculation for the year 2016, taking into account Baghdad’s own financial problems, the Kurdistan region only expects to receive 6 trillion Iraqi Dinars ($5 billion) from the 550,000 barrels per day it is supplying through the central government.
Hawrami said that revenues in 2016 would reach about $11 billion if Erbil sells its own oil on the global market, something that Baghdad and Washington have so far both opposed. rudaw.net/english/kurdist.
MichelleL: good morning ladies and gents :) how is everything and why aren't we rich yet??
MichelleL: ‹@chattels› ‹@chattels› ‹@chattels› just back from a wedding and family visit in NY - had a marvelous time but now I need the cash, so can you push it along?? lol
Doug_W: looks like Tx is gonna get 10" of rain over the W E
Doug_W: where in NY "M" ?
chattels: US joint chiefs: ISIS is ‘adaptable and flexible’ By Zhelwan Z. Wali rudaw.net/english/middlee...
chattels: Iraqi forces successfully recaptured the oil-rich refinery town of Baiji in Salahaddin province, driving out the militants, he said. “The number of Sunni that have been trained and armed is about 6,000 in Anbar province, and they want to grow to about 8,500," Dunford added.
On the police side of the ledger, the government was looking for 16,000 Sunnis to volunteer, and they are now at around 11,000 to 12,000. Dunford described Iraqi forces in Ramadi as a stabilizing force.
chattels: "The important thing about this is, the police are the stabilization force for Ramadi,” the general said. “That was encouraging to me, because clearing Ramadi is one thing… but we all know from experience that you have to have a plan for stabilization afterward," Dunford said.
MichelleL: ‹@Doug_W› NYC, Long Island, Westchester lol - then Connecticut and then back to Westchester then home
Doug_W: it was cold up there Eh?
chattels: "Defending Baghdad is clearly the most important mission in Iraq, and that is a main effort," he emphasized.Earlier this week, ........"
MichelleL: 10 inches of rain? maybe I better lay in a lot of celery for our weekend starvation diet after the food fest we just had
Doug_W: a 200 MPH Hurricane is where its coming fom off Mexico now
MichelleL: gorgeous, Doug - coldest was the first couple of days but finished up being in the 60s and really beautiful - went into the 70s too
Doug_W: glad 4 U :)
MichelleL: saw that Doug, but its hitting the pacific, hope it doesn't hit california
chattels: Who is spreading rumors about a coup in Iraq? ➡ A rumor about an imminent coup spread in Baghdad at the end of September, which the Iraqi government rushed to deny. Read more: www.al-monitor.com/pulse/...
MichelleL: interesting chattels
MichelleL: a friend of mine skyped me while I was gone, she sold off 9.5 mil of her dinars, back to XChange America - apparently they claimed to have only received 4.5 mil, and only paid her for that - then they came back and said they felt "badly" and gave her another 500 bucks - is that flukey or what?
why would they give her 500 extra if they weren't messing around with her to begin with? the package was not tampered with
Doug_W: that was posted in here yesterday M
MichelleL: really? then she must have told someone else too while I was gone - probably Dianne? we both are friends with her on skype
MichelleL: I spent a full week on a Dinar Vacation Doug lol
MichelleL: not to say that my brother didn't ask when it was happening so he could pay for that wedding lol
chattels: Iraq has a history rife with military and political coup d’etats, starting with the military coup that overthrew the monarchy on July 14, 1958. Iraq has witnessed three military coups and a number of coup attempts,
such as the one in 1979 when President Ahmed Hassan al-Bakr announced his resignation under pressure of Saddam Hussein and his supporters, who took over the country's rule and the Baath Party leadership.
chattels: Political analysts and journalists in Iraq have found that rumors of a coup are part of a war on the undeclared political leadership dispute between former Prime Minister Nouri al-Maliki and Abadi.
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