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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliament discusses with Abdul-Mahdi, the oil and the economic reality of Iraq

    day dreamer
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    • Post n°1

    Parliament discusses with Abdul-Mahdi, the oil and the economic reality of Iraq Empty Parliament discusses with Abdul-Mahdi, the oil and the economic reality of Iraq

    Post by day dreamer Mon 17 Nov 2014, 8:31 pm

    Parliament discusses with Abdul-Mahdi, the oil and the economic reality of Iraq

        
    11/18/2014 0:00


    To raise its next week
    Baghdad morning
    Majlis deputies hosted at its thirtieth held yesterday Monday, chaired by President of the Council and in the presence of Salim al-Jubouri, 237 deputies, Oil Minister Adel Abdul-Mahdi to discuss oil and economic reality of the country.
    At beginning of the meeting led MP Hadi al-Amiri sworn member of the Council of Representatives. Then the Council hosted Adel Abdul-Mahdi, and the oil minister to review the economic reality and the oil and the agreement between the federal government and the Kurdistan region.
    He said the oil minister, according to a statement from the House of Representatives received the "morning" that oil prices have declined rapidly above $ 40 in a few months, adding that Iraq will be affected by a decline in oil prices to adopt it mainly in the construction of the financial budget of the country.
    He said Abdul-Mahdi, that the most important drop in oil prices factors are increasing shale oil production and increasing oil production in some African countries offset by the decline in global demand as well as declining growth rates in some Asian countries, especially that more than half of Iraq's oil production was exported to Asia and rising global stock of oil for most industrialized countries.
    He favored the oil minister, the lack of a rapid rise in oil prices during the current period in spite of the presence of the attempts being made to ensure the stability of the oil market or to achieve relatively high prices for pointing out that the expected oil price calculated in the construction budget for 2015 will appreciate to $ 80 per barrel, a link improved the performance of the Iraqi economy in the correct orientation of financial resources through pressure unnecessary expenses.
    He pointed out that the ministry is in the review of the expenses for the state developed being can not be perpetuated, noting that the money currently can have a building budget to contribute to development, stressing the need to diversify the Iraqi economy sources, especially after the decline in many sectors of the economy versus high dependence on the oil sector over the past years.
    He called on the oil minister to resort to bold steps in the field of investment and attract capital for the advancement of economic reality and the possibility of benefiting from the funds of the investment in the budget, noting that the agreement with the province to Ajribt grant amount of money compared to the amount of oil, but an important agreement for the purpose of reaching a final agreement between the government and the province.
    He stressed that the agreement with the province can save imports million barrels of oil were absent from the 2014 expenses alluding to the absence of a dispute that all the oil resources must go to the state treasury, referring to the start of the arrival of 150 000 barrels of oil to the Turkish port of Ceyhan for export on behalf of the Iraqi government, indicating that Iraqi forces approaching from access to the Baiji refinery, which provides about 300 000 barrels per day of crude oil in return will work in refineries and Kirkuk fields to take advantage of export and imports of 700 000 barrels per day in support of the budget.
    Abdul-Mahdi, and noted that the Ministry of Athbz adoption of criteria for distinguishing between the provinces and its role in the oil wealth management, pointing out that Iraq and its resources would be affected by a reduction in OPEC production in spite of the lack of full commitment to the decision of the organization, referring to an agreement in the presence of the Prime Minister of the Kurdistan region to Baghdad within days to view all details oil relationship between the federal government and the province and address the problems, indicating that there is no law of oil and gas regulation will hinder any oil relationship between the government and the regions, on the one hand and the oil-producing provinces on the other hand.
    And between Abdul-Mahdi said the responsibility not to enactment of the oil and gas borne by all stakeholders law, explaining that the lack of law and regulations and controls made it difficult to resolve the oil export issues by region    . During the period of 2012 and the years that followed were the export of oil led to the complexity of the scene, pointing to contain what the outcome of the matters through negotiations was a wise move, especially it aims to export 150 000 barrels of oil per day, adding that the agreement that we are trying to reach him to export oil through the region, the lines will be for the benefit of all, especially the provinces that pipeline to export oil from Kirkuk will be inoperable even if it was liberated city Mosul.
    Then I decided the Presidency to postpone the second reading of the draft law on ratification investment promotion and protection between the Government of the Republic of Iraq and the Hashemite Kingdom of Jordan and submitted by the Committees on Foreign Relations and the Economy and Investment and the second reading of the draft law on ratification agreement between the Government of the Republic of Iraq and the Government of the State of Kuwait to encourage mutual investment protection and submitted by the Committees Relations Law Convention on the Law Foreign investment and the economy.
    Then decided to adjourn the meeting to next Tuesday 25/11/2014.

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    • Post n°2

    Parliament discusses with Abdul-Mahdi, the oil and the economic reality of Iraq Empty Parliament session: Chalabi, head of the Finance Committee and Abdul-Mahdi, presents the details of

    Post by day dreamer Mon 17 Nov 2014, 9:30 pm

    18/11/2014 (0:01 pm) - The number of readings: 40 - Issue (3218)


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    [ltr]Parliament session: Chalabi, head of the Finance Committee and Abdul-Mahdi, presents the details of his agreement with Erbil [/ltr]


    BAGHDAD / long-Presse


    [ltr]Raise the head of the House of Representatives Saleem al-Jubouri, on Monday, the parliament session until next week.
    The meeting, which was attended by 180 deputies and chaired its Saleem al-Jubouri, saw the completion of the election of the presidencies of the Standing Committees of Finance and the most prominent of which went to the deputy Ahmad Chalabi.  While the Committee of Martyrs and Political Prisoners elected MP Aqeel Abdul-Hussein as its chairman, and the thunder of diamonds as his deputy.
    The source said in an interview to the (long-Presse), said that "the Committee of Martyrs and parliamentary politicians elected MP Aqeel Abdul-Hussein as its chairman, and MP Raad diamond as his deputy."  According to the same source, "the Committee elected MP Mohammed Allkash scheduled."  In the same context, a parliamentary source said that "the Commission on oil and energy parliamentary elected, yesterday, in the presence of 15 members of the Kurdistan Alliance MP Abdullah Iariz president, as MP for the state of law Qubool elected as his deputy." As MP Adel Khamis was elected Rapporteur.
    The House of Representatives began its host oil minister Adel Abdul-Mahdi to discuss the oil agreement between Baghdad and Erbil, and the reasons for "low", Iraqi oil production.
    This is the second time within one month, in which Abdul-Mahdi, to attend the House of Representatives to provide clarification on the policy of his ministry. 
    This hosting comes a few days after the announcement of the oil minister for his conception of the "first deal" with the head of the Kurdistan Regional Government to transform the federal government $ 500 million for the region compared to the region that the government put 150 thousand barrels of crude oil per day at the disposal of the federal government.
    Parliamentary session also saw the performance of MP Hadi al-Amiri was sworn in after 4 months in advance of the first session. 
    According to a parliamentary source familiar with the House of Representatives, on Monday, the head of the Badr Organization, Hadi al-Ameri was sworn in as deputy in the parliament. 
    The source said in an interview with the (long-Presse), "The head of the Badr Organization, Hadi al-Amiri led, on Monday, was sworn in as deputy in the Iraqi parliament," noting that "al-Amiri is not a substitute for any deputy, but did not sworn since Parliament held the first meetings." 
    The Ameri among the leading candidates for the post of Interior Minister in the government of Haider al-Abadi, however, that some of the political blocs and the United States refused to taking office, forced the government to reach a compromise that requires the receipt of a leader of the Badr Organization, Mohammed Salem Ghaban for the post. 
    The presidency of the parliament postponed the second reading of the draft legal ratification investment promotion and protection between the Government of Iraq and the Kingdom of Jordan and the draft Convention on the ratification of an agreement between Iraq and Kuwait to encourage mutual protection ".


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