HCL Officially sent to Parliament!! Excellent news.

[Adster]

Guys, got this from kiko, top man, thanks kiko for pm'ing it. :huge:

Here it is, official sent to parliament, no date given, next week scheduled!

Here is all text translated:

An official at the Oil Ministry said : "The government sent a draft bill to Parliament oil voices Baghdad-Iraq 21 / 06 / 2007 3:21:12 pm An official source at the Oil Ministry, Khmbes, The government has sent a draft bill to Parliament oil after an agreement between the central government in Baghdad and Kurdish officials on the controversial points. The official said the Independent News Agency (Voices of Iraq), who requested anonymity, "an agreement was reached between the central government and between the territorial government CBE on all points of the outstanding differences on the oil." The official added that the draft "has been sent to parliament for discussion by the members of parliament and vote."

The official refused to identify the day of the draft sent to parliament, but he guessed that the parliament a draft bill oil scheduling next week. The oil law one of four significant laws expected that the Iraqi government legislation of new laws, are in addition to the oil .. The law abolishing the Baath Party and the Law on Local Elections, a review of the Iraqi constitution, which will greatly Mwadba Iraqi government to push the political process forward. The American administration often pressured the government Nuri al-Maliki towards accomplishing these laws as soon as possible. The official said that the two parties had reached a "compromise solutions on all the points that were in dispute." He added that the points of disagreement "limited fund imports of oil and discovered fields and undiscovered and disagreements on the national oil company."

Expected Charge to witness Parliament sessions "long and extensive discussions on the law." He said, "Parliament has the legal right to add or repeal or amend any clause." The territorial government had demanded the Kurdish significant powers given the right to deal with foreign companies in the field of investment and the granting of licenses to private companies in the Kurdish area directly without recourse to the government position that there should be a representative of the government center in the Northern Territory while the government demanded Baghdad to oversee the contracts signed with a representative of the Kurds in Baghdad.


As the text of the new law to transform the National Oil Company to the holding independent. The new law grants equal powers for prospecting and extraction of oil and awarding of contracts for oil to each of the Oil Ministry and the National Oil Company and the regional bodies that will be created by law and gives foreign companies the right to determine their own knowledge to be the central government. The law provides for the collection of oil revenues in the Consolidated Fund after which the distribution of these returns on Iraqi governorates, which will be represented at the federal oil and gas

http://www.aswataliraq.info/look/article.tpl?IdLanguage=17&IdPublication=4&NrArticle=48639&NrIssue=1&NrSection=2

[heres-hoping]

Can it get any better - yeah - the RV baby. Geez all the good news coming out so fast can't keep up. Now lets hope that the word "discussion" is only used lightly and a mere formality.

[Garf]

In a way I wish they wouldn't broadcast the fact this is taking place and when. There's a lot of HCL detractors out there, so there could be a possibility of violence against government buildings, parliamentarians, financial offices etc.

[heres-hoping]

I know what you mean Garf. I would rather have them announce everything at the same time in the one breath.

[msmill]

Guys, got this from kiko, top man, thanks kiko for pm'ing it. :huge:

Here it is, official sent to parliament, no date given, next week scheduled!

Here is all text translated:

An official at the Oil Ministry said : "The government sent a draft bill to Parliament oil voices Baghdad-Iraq 21 / 06 / 2007 3:21:12 pm An official source at the Oil Ministry, Khmbes, The government has sent a draft bill to Parliament oil after an agreement between the central government in Baghdad and Kurdish officials on the controversial points. The official said the Independent News Agency (Voices of Iraq), who requested anonymity, "an agreement was reached between the central government and between the territorial government CBE on all points of the outstanding differences on the oil." The official added that the draft "has been sent to parliament for discussion by the members of parliament and vote."

The official refused to identify the day of the draft sent to parliament, but he guessed that the parliament a draft bill oil scheduling next week. The oil law one of four significant laws expected that the Iraqi government legislation of new laws, are in addition to the oil .. The law abolishing the Baath Party and the Law on Local Elections, a review of the Iraqi constitution, which will greatly Mwadba Iraqi government to push the political process forward. The American administration often pressured the government Nuri al-Maliki towards accomplishing these laws as soon as possible. The official said that the two parties had reached a "compromise solutions on all the points that were in dispute." He added that the points of disagreement "limited fund imports of oil and discovered fields and undiscovered and disagreements on the national oil company."

Expected Charge to witness Parliament sessions "long and extensive discussions on the law." He said, "Parliament has the legal right to add or repeal or amend any clause." The territorial government had demanded the Kurdish significant powers given the right to deal with foreign companies in the field of investment and the granting of licenses to private companies in the Kurdish area directly without recourse to the government position that there should be a representative of the government center in the Northern Territory while the government demanded Baghdad to oversee the contracts signed with a representative of the Kurds in Baghdad.


As the text of the new law to transform the National Oil Company to the holding independent. The new law grants equal powers for prospecting and extraction of oil and awarding of contracts for oil to each of the Oil Ministry and the National Oil Company and the regional bodies that will be created by law and gives foreign companies the right to determine their own knowledge to be the central government. The law provides for the collection of oil revenues in the Consolidated Fund after which the distribution of these returns on Iraqi governorates, which will be represented at the federal oil and gas

http://www.aswataliraq.info/look/article.tpl?IdLanguage=17&IdPublication=4&NrArticle=48639&NrIssue=1&NrSection=2


I'm not sure I'm liking this part Adster!!! :no:

[Garf]

I know what you mean Garf. I would rather have them announce everything at the same time in the one breath.

Bigger than big..... GOI may actually meet a deadline.

[oldskiier]

OUTSTANDING NEWS !!!!!!!...................... :happy64:

[fms]

I'm not sure I'm liking this part Adster!!! :no:

It`s all good. At least it is on it`s way now. It will be in effect and later they can make any adjustments to the law as needed.

[Adster]

I'm not sure I'm liking this part Adster!!! :no:

The Kurds were the main stepping stone and why it has taken so long. Now they are happy as rightfully they deserve to be IMO this will pass through fairly quickly. Sure their hols will be in the back of their minds too! :huge:

[coconut]

Wow - great times ahead - here is another link.

http://archive.gulfnews.com/region/Iraq/10133933.html

[Garf]

All we need is a chorum ! Have they been advised not to go on holiday until HCL is done ?? I'd be beefing up security around Shiite mosques also.

[BILLYG]

Can it get any better - yeah - the RV baby. Geez all the good news coming out so fast can't keep up. Now lets hope that the word "discussion" is only used lightly and a mere formality.

I'm withya HH!!! Months ago we were saying on this forum that all these Laws may be enacted simultaneously w/ HCL... Now that it appears imminent, I've been pinching myself to make sure I'm not dreaming!!

I have a 25k Dinar bet w/ the friend who got me in this craziness that we'd be slow grow still w/ no laws by September... Don't mind losing that bet!!!

[tweedledee]

maybe they are just saying it went to parlament and it is done already that maybe just maybe we will have the big annoucement next week ya think:happy64: :happy64:

[heres-hoping]

maybe they are just saying it went to parlament and it is done already that maybe just maybe we will have the big annoucement next week ya think:happy64: :happy64:

I'm not ruling anything out Tweedledee. There might be truth in what you say.

[williambedloe]

oldskier...these are for you

:happy64: :happy64: :happy64: :happy64:

Thanks Adster...another check!

[Theodora]

But to see Oldskiier happy... Thats the biggest news of the day!!!
Just Joking... ya know i luv ya Oldskiier....:happy64:
Peace:drunk:

[revjhg]

Thanks, Adster. Great find. Compliments to Kiko.
:)

[KS Dinarman]

I love oldskiers little marching mouse.
Makes me happy just watching it

Great news people. Thanks to all who are finding this good news :happy64:

[aares]

Now lets watch as parliament plays around with this for months and months.

Has there been an official date when they are taking their vacation?

[msmill]

Now lets watch as parliament plays around with this for months and months.

Has there been an official date when they are taking their vacation?


Aares, is that you in your avitar? I've asked before, but you've ignored. Just wondering??? :huge:

[dpanasman]

:happy64: :lmao: :lmao: :happy64:
Holy Cow!!!!! Something may be done, looks as though the hammer came down big time. Maybe now these people will see it makes sense to act accordingly on these laws, rather than jerking around and goofing off! If they want to see results improve for their own benefit then start by enacting and getting the laws passed.
Remember if you don't learn from history, your're doomed to repeat it. Let's hope the GOI has learned its' lesson.

[Droptines]

WORK BEFORE PLAY!!!! COME ON PARLIMENT:happy64: :happy64: :happy64:

[DealOrBuyDinar]

Thanks for the post Adster. This is some really good news. We needed it!

[Howler]

WOW threaten to take away their vacation and see what happens? Lets hope they just rubber stamp everything so they can all run to Dubai and involve themselves in the drink and debouchery they think they deserve! LOL

[aares]

Aares, is that you in your avitar? I've asked before, but you've ignored. Just wondering??? :huge:


Sorry I didnt know you have asked before.

Yes, that is me in my pink pajamas hahahaha. It was at a show in Philly (Philadelphia) :D

If you think I looked crazy...you should have seen my friends and moreso everyone else! You would have looked at me and thought nothing of it :cool:

[dejavu]

http://www.tradearabia.com/news/newsdetails.asp?Sn=OGN&artid=125821

Iraq's central government and the Kurdistan regional authority have resolved disputes holding up a draft oil law aimed at equitably sharing the world's third largest oil reserves, officials said.

The spokesman for the Oil Ministry in Baghdad, Asim Jihad, said the draft had been submitted to parliament, adding he expected lawmakers to begin debating it in the next few days.

Jihad declined to give details on the deal. An official in the Kurdish regional government confirmed an agreement had been reached, but did not elaborate.

The deal will be greeted with relief in Washington, which has been pressing Iraq's leaders to speed up passage of key laws designed to spur national reconciliation and end sectarian violence between majority Shi'ites and minority Sunni Arabs.

'A deal has been reached and the draft has been delivered to parliament to be discussed ... in the coming days. An agreement has been reached covering all disputes,' Jihad said.

The draft, crucial to regulating how wealth from Iraq's huge reserves will be shared by its sectarian and ethnic groups, was approved by the cabinet in February but faced stiff opposition from Kurds.

They had objected to some annexes in the draft that would wrest oilfields from regional governments and place them under a new state oil company. There was also a row over how revenue would be distributed.

Jihad declined to say when the agreement had been reached, adding parliament could make changes to the draft.

Most of Iraq's proven oil reserves are located in the Shi'ite south and the Kurdish north.

Iraq sits on the world's third-largest oil reserves and officials have been struggling since last year to finalise the draft law, which is vital for Iraq to attract investment from foreign firms to boost its oil output and rebuild its economy.

The latest disputes broke out not long after the oil ministry in Baghdad warned regions in late April against signing contracts until the law was passed. The Kurdistan regional government has signed several agreements with foreign companies.

Washington has dispatched a succession of officials to press Prime Minister Nuri Al Maliki's government to speed up passage of laws aimed at drawing disaffected Sunni Arabs more firmly into the political process.

Besides the oil draft, these include changes to a law banning former Baath party members from public life and constitutional reforms.

Thousands of extra US and Iraqi troops have been deployed in Baghdad in recent months in an operation whose success will be crucial to the US debate on how long to stay in Iraq. But US military commanders say improved security will not be enough, and that this has to be matched by political progress.Reuters

another good one on it:)

[Howler]

Thanks Dejavu!
The more we hear about it the better!!!

[zimbu]

Things seem to be moving along....
FINALLY !!!


Zimmer

[Adster]

Bumping.....

[Garf]

You pre-empted my bump :)

GOI working on Friday ?? May save a few holes in the roof of Parliament.

[Baja]

All we need is a chorum ! Have they been advised not to go on holiday until HCL is done ?? I'd be beefing up security around Shiite mosques also.

Wouldn't surprise me if these things are already DONE...Just for that reason alone...

Slide it thru when noone expects it...

[wellwishes]

In a way I wish they wouldn't broadcast the fact this is taking place and when. There's a lot of HCL detractors out there, so there could be a possibility of violence against government buildings, parliamentarians, financial offices etc.


Great Find Adster!

Garf I agree with you. There are quite a few violent detractors over there, who will do anything to prevent the HCL's passage.

It's for that reason that I believe this is probably already voted on, approved and completed. Several times before, they have announced news after the fact....Otherwise they are sitting ducks for those who know parlaiment is in session, to vote on the Oil Law.

I really believe it's done.

[Garf]

Great Find Adster!

Garf I agree with you. There are quite a few violent detractors over there, who will do anything to prevent the HCL's passage.

It's for that reason that I believe this is probably already voted on, approved and completed. Several times before, they have announced news after the fact....Otherwise they are sitting ducks for those who know parlaiment is in session, to vote on the Oil Law.

I really believe it's done.

Whitehouse announcement on CNN in 15 minutes may well confirm. I think I'll be asleep by then :)

[KnightsCharger]

Oh Man! High fives all around, thanx Adster, deja Vu, and everyones else. Great, great find what a way to close Thursday's buisness. I certainly agree with "wellwishes", there is a lot of past tence in the article "has been" delivered. Maybe an announcement as early as Monday, Holy cow!! what a great weekend this will be!!!:happy64: :happy64: :happy64: :happy64:

Almost forgot! Kodo's to KiKo and tweedldee as well!!!

[AJOB]

In a way I wish they wouldn't broadcast the fact this is taking place and when. There's a lot of HCL detractors out there, so there could be a possibility of violence against government buildings, parliamentarians, financial offices etc.


May be all the more reason to Rv soon after passage of the law so that the floks have something to cheer about. It would help to if the GOI would explain to the Iraqi people how this is going to effect them in terms of economic growth and jobs. I think that is often a problem in this country. Communication on just how thing are going to work and benefit the average guy is not articulated well.

[darock0116]

The Kurds were the main stepping stone and why it has taken so long. Now they are happy as rightfully they deserve to be IMO this will pass through fairly quickly. Sure their hols will be in the back of their minds too! :huge:

I agree Addy, this will be fast tracked through parliament. The previous weeks, Maliki has been on working on the parliament, to remove any person's that is a threat to his govenment!!! With Sadr bloc being removed, their wont be all the negative vibes that his group has portrayed before, and also that no good speaker of the house has also been removed, all good things my friend!!!!:D

[crabman]

Rock so true, Al Maliki has been feeling the heat and has everyone else. Glad to see they are finally moving. Kudos to all who post relevant and warranted material. Soon my friend the bubbly is on ice.