No deal on oil law, top Iraq Kurd says

[postcon]

No deal on oil law, top Iraq Kurd says (http://www.upi.com/Energy/Briefing/2007/07/03/no_deal_on_oil_law_top_iraq_kurd_says/5482/)
:confused:


The top Kurdish energy official says no deal has been reached on an Iraq (http://www.upi.com/Energy/Briefing/2007/07/03/no_deal_on_oil_law_top_iraq_kurd_says/5482/#) oil law, despite news reports the Parliament is to take up the bill.

"We are not aware of anything being passed by the Cabinet," said Kurdistan Regional Government Natural Resources Minister Ashti Hawrami, speaking to United Press International via mobile phone.
Numerous media have reported Prime Minister Nouri al-Maliki and his top adviser, Ali al-Dabbagh, said the oil law governing the world's third largest oil reserves would be sent to Parliament as early as Wednesday.
The Kurdistan Regional Government and the federal government in Baghdad (http://www.upi.com/Energy/Briefing/2007/07/03/no_deal_on_oil_law_top_iraq_kurd_says/5482/#) have been negotiating the law since last summer. At issue is whether which oil fields the federal and regional governments control, as well as the distribution of oil revenue.
A draft of the law approved by negotiators and the council of ministers in February and finalized in March, "is the only approved text," said Hawrami, the KRG's lead negotiator.
"Even the text of the March draft is not complete," he said. A revenue sharing law was approved and sent to the council of ministers earlier this month, though there may still be some complaints from Sunni politicians. It must still be passed on to Parliament.
Hawrami said the issue of oil control still looms large, though progress is being made. After the draft law was approved earlier this month, the Iraq Oil Ministry unveiled four annexes -- a list of which oil fields would be under the federal government control, via the Iraq National Oil Co, and which would be under regional control (Kurdistan is the only official region currently).
"We've not been consulted about anything being agreed upon apart from March," he said.
Reports of progress and disputes over the law have been convoluted in the past. The Kurds, a strong player in the oil talks, would need to agree on a deal to move forward. What is not known is the fate of other crucial sticking points, including the new roles of INOC and the Ministry of Oil, concerns over the oil law's language and extent of transparency, as well as revenue sharing and the annexes. --

[Adster]

I'll base my decision on all the other articles stating otherwise. Maybe they forgot to tell this guy, LOL.

[frankielovesdinar]

so now it's NOT going to parliament? because the kurds say it's not ready? I thought it was in parliament today. Is this just a "smokescreen"?
Convoluted is an understatement

[528hemi]

"We've not been consulted about anything being agreed upon apart from March," he said. Reports of progress and disputes over the law have been convoluted in the past. The Kurds, a strong player in the oil talks, would need to agree on a deal to move forward. What is not known is the fate of other crucial sticking points, including the new roles of INOC and the Ministry of Oil, concerns over the oil law's language and extent of transparency, as well as revenue sharing and the annexes.

Denying going to cabinet as well???
Might want to remeber his name for future quotes.....

[postcon]

I'll base my decision on all the other articles stating otherwise.

I hope so too...but some the statements seem like another thwarting process. Let's hope it doesn't come to that.

[postcon]

"We've not been consulted about anything being agreed upon apart from March," he said. Reports of progress and disputes over the law have been convoluted in the past. The Kurds, a strong player in the oil talks, would need to agree on a deal to move forward. What is not known is the fate of other crucial sticking points, including the new roles of INOC and the Ministry of Oil, concerns over the oil law's language and extent of transparency, as well as revenue sharing and the annexes.

Denying going to cabinet as well???
Might want to remeber his name for future quotes.....

He's the same guy who said on June 21st Iraqi politicians agree deal on sharing oil, says Kurd minister Ashti Hawramihttp://www.ekurd.net/mismas/articles/misc2007/6/government1090.htm

[528hemi]

He's the same guy who said on June 21st Iraqi politicians agree deal on sharing oil, says Kurd minister Ashti Hawramihttp://www.ekurd.net/mismas/articles/misc2007/6/government1090.htm
Don't know him personally, but I've seen his bother, bagdad Bob , on tv before..:)

[RotaryRevn]

Iraq Cabinet approves draft oil law

By QASSIM ABDUL-ZAHRA, Associated Press Writer 47 minutes ago

BAGHDAD - Prime Minister Nouri al-Maliki's Cabinet approved a draft oil law sought by the U.S. to boost reconciliation between Iraq's Sunnis and Shiites and the Iraqi parliament planned to debate the measure Wednesday.

For months, Washington has pressed its ally al-Maliki to quickly pass the oil law and other pieces of legislation, considered vital to President Bush's attempts to end Iraq's turmoil — alongside a security crackdown by an increased U.S. military force.
But the law, which is to define the distribution of Iraq's oil wealth, has been tied up in bickering among Shiite, Sunni and Kurdish parties in al-Maliki's deeply divided ruling coalition, frustrating U.S. officials as American support for the war wanes.
The prime minister announced Tuesday that his Cabinet had unanimously approved the oil draft and that the parliament would begin discussing it the following day. He called the bill "the most important law in Iraq."
Twenty-four of the Cabinet's 37 members were present for the vote; ministers from the Sunni Iraqi Accordance Front and the Shiite Sadrist movement boycotted over separate political disputes with al-Maliki.
Still, despite the weakened coalition, the approval means parliament is likely to pass the measure. Government spokesman Ali al-Dabbagh said Cabinet approval came after amendments prompted by the Accordance Front. He did not give details on the changes or the bill's final version.
The issue of oil distribution is a top concern of Iraq's Sunni Arab minority, which is centered in regions of the country with little oil resources and which fears Shiites and Kurds — who now dominate the government — would monopolize profits from the industry.
U.S. officials are hoping that passage of an oil bill will help rally Sunni support for the government and the political process and reduce backing for insurgents.
But Kurds, centered in an autonomous zone in the oil-rich north, rejected previous drafts, believing they did not guarantee them a fair share of revenues in northern oil fields they control or hope to control. Shiites, who control major southern oil resources, have been reluctant to share revenues with Sunnis, who dominated Saddam Hussein's regime, which oppressed Shiites and Kurds.
Also Tuesday, Iraq's parliament replaced Sunni Arab legislator Mishan al-Jabouri, who was accused of siphoning millions intended to pay for food for units created to protect oil pipelines.
His seat was filled by a member of the same tribe in Tikrit, Hussein Mohammed Abdullah al-Jabouri, a statement from parliament said.
Mishan al-Jabouri has denied the charges and left Iraq. He told The Associated Press in the Syrian capital of Damascus that the move to replace him "contradicts the constitution and the law."
Bush has pressed al-Maliki to take a series of political steps — opening jobs to Sunnis who supported Saddam, amending the constitution to satisfy Sunni aspirations and holding local elections — aimed at bringing Sunni Arabs into the political process. With support for the war dropping among Americans, the steps would also help convince the U.S. public and Congress that Iraqi leaders are doing what is needed to halt the violence.
The security crackdown, backed by 28,000 extra U.S. troops deployed in Iraq this year, has aimed to give a margin of stability to allow Iraqi politicians to pass the measures. The offensive in Baghdad and areas to the north and south has fueled a surge in American casualties — though bombings and other attacks appear to have fallen in the capital in recent days.
A U.S. military Kiowa attack helicopter was shot down by insurgents south of Baghdad on Monday, the U.S. military said in a statement. An Apache helicopter rescued the craft's two pilots, who were lightly hurt, it said.
The military also said Tuesday that U.S. forces waged a large battle with gunmen near the western Sunni city of Ramadi over the weekend, in fighting that left 23 insurgents dead. The insurgents had massed on Donkey Island, a patch of land in a canal outside the city, and opened fire on U.S. troops, prompting the gunbattle Saturday. Troops found caches of weapons, explosives and suicide vests, the military said.
In Baghdad, an Iraqi army lieutenant colonel and an Interior Ministry intelligence officer were killed in separate drive-by shootings Tuesday, police said. A car bomb hit the convoy of an Iraqi police colonel in the northern city of Kirkuk, killing two passers-by and wounding 17, though the colonel survived, police in the city said.
And a detainee died of "apparent natural causes" Sunday at a hospital in a U.S. Army prison. The military did not identify the detainee but said the death remains under investigation.

[MHouse]

Tony Snow was just on Fox news 1 hour ago and said that Bush and Al-Maliki just spoke this morning. Malaki told Bush the oil law WAS in parliment and will be passed this week. Just 1 hour ago guys...... a press briefing from the White House.

[528hemi]

:) why does that commercail keep running through my mind..........4 outta 5 dentists say???
Have to change it to 4 outta 5 politicians say....

[Howler]

I swear! As soon as I finally can cash in my Dinars. I NEVER whant to read, or hear, anything from 1 stinking Iraqi ever again!
They drive me absolutely nuts!!!!!

[Adster]

I swear! As soon as I finally can cash in my Dinars. I NEVER whant to read, or hear, anything from 1 stinking Iraqi ever again!
They drive me absolutely nuts!!!!!

Yea, won't be high on our future holiday destinations. :D

[Shau - Kenshin]

Yea, won't be high on our future holiday destinations. :D


No guys..THIS IS GREAT NEWS!! They are playing it JUST THE WAY THEY NEED TO!!

"Cancelled" meeting for the bankers last week ring a bell? What happened, it went off without a hitch!

Now you have maliki saying that it will go thru tomorrow for ratification, and some "Ali Azizi" Kurd says uh-uh?! Not even a CHANCE!! They will do it on the DL though to keep things under wraps for about a week at max. You think the kurds will say NO THANK YOU to17% of ALL oil revenue that comes out of Iraq?!

:rolleyes: :mad: Brutha Man PUUUUULEASE! SHUT THE FRONT DOOR!! (you know what I MEAN:mad: )

MISINFORMATION AT ITS BEST for security reasons and to piss of speculators. :eek: ....go figure right?:rolleyes:

Its done tomorro. Fretting is NOT allowed today. So NO ONE start now.

[darianwiccan]

I smell a big wiff of SMOKESCREEN

[mcptrman]

That is absolutely and TOTALLY funny.
The funny part is I agree with you 110%.

mcptrman

quote=Howler;411131]I swear! As soon as I finally can cash in my Dinars. I NEVER whant to read, or hear, anything from 1 stinking Iraqi ever again!
They drive me absolutely nuts!!!!![/quote]

[Lex]

Why would Iraq be giving off any type of smoke screen? I always feel like its just an excuse we give so we don't feel so bad about bad news. There is no need for them ever to put out mis-information.... because no believes anything great is going to come out of there. If they announced a revalue at the week, I doubt speculation would soar. ( before I get any smart responses to this... I am refering to the general public, not anyone here)

[fatmaninthebathtub]

I swear! As soon as I finally can cash in my Dinars. I NEVER whant to read, or hear, anything from 1 stinking Iraqi ever again!
They drive me absolutely nuts!!!!!

I stopped reading these articles a long time ago.

[roughoverthere]

a great deal of misinformation would be an effective way to get rid of a lot of speculators. I'm sure a lot of people cash in their chips whenever "bad" news comes out.

I wonder if the stuff that is cashed in finds its way back to iraq or is it recirculated to other speculators

[528hemi]

Why would Iraq be giving off any type of smoke screen? I always feel like its just an excuse we give so we don't feel so bad about bad news. There is no need for them ever to put out mis-information.... because no believes anything great is going to come out of there. If they announced a revalue at the week, I doubt speculation would soar. ( before I get any smart responses to this... I am refering to the general public, not anyone here)
Smoke screen or any other name , why multiple articals, tv , say onething and then a top Kurd Offical says the opposite all in two hrs.........smokescreen or whatever...........deseption just the same

[frankielovesdinar]

Why would Iraq be giving off any type of smoke screen? I always feel like its just an excuse we give so we don't feel so bad about bad news. There is no need for them ever to put out mis-information.... because no believes anything great is going to come out of there. If they announced a revalue at the week, I doubt speculation would soar. ( before I get any smart responses to this... I am refering to the general public, not anyone here)

I haven't looked at it that way before. I can see where it is comforting to call the bad news a smokescreen. It makes it much easier to discount. Having said that, a couple of months ago, someone posted something about how it was within Iraq policy to deliberately omit information from reports made to the public. I probably have at least part of that wrong. Can someone help me out here? I'll do a search and see if I'm even in the balllpark. By the way, I think you're right about the general public but not the general (typical) speculator. I think they'd be all over it.

.....Okay I found it. It was from April and basically it was that an IMF publication says policy allows for deletion of market-sensitive information. GracieWacies was the one who posted it originally in April. Big debate over meaning of deletion vs. change or lie. The statement says "deletion" Anyway, for what it's worth, there it is.
http://www.investorsiraq.com/showthread.php?t=38707

[Howler]

I smell a big wiff of SMOKESCREEN

Smoke screen, or just pure BS? Who's skirt are they blowing smoke up? Ours? Or GW's?

I've been watching them talk out of both sides or thier mouth, and that other unmentionable orifice, for too long. You can never believe anything they say.

[528hemi]

Smoke screen, or just pure BS? Who's skirt are they blowing smoke up? Ours? Or GW's?

I've been watching them talk out of both sides or thier mouth, and that other unmentionable orifice, for too long. You can never believe anything they say.
EAZZZZY brother, your making me howl

But I really do see your point, crunch time

[BigPapaPump]

Maybe somebody needs to call GW and tell him that the Head Kurd says this......I think all BS to many articles and news that say truth...

[528hemi]

Maybe somebody needs to call GW and tell him that the Head Kurd says this......I think all BS to many articles and news that say truth...
lets check the names in a reshuffle, then again he might be the piegon

[traveler]

Tony Snow was just on Fox news 1 hour ago and said that Bush and Al-Maliki just spoke this morning. Malaki told Bush the oil law WAS in parliment and will be passed this week. Just 1 hour ago guys...... a press briefing from the White House.
Now that is promising:happy64: :happy64:

[Nomrah I]

I don't think it is a smokescreen. From what I am reading the Kurds did not see the final text but I do not think Malaki would send the bill to parliment for approval unless he was confident the text contained language agreeable to the Kurds.

[Garf]

Is this old ?? I was understanding the Kurds had a much greater say in re-writing the current draft.

[postcon]

KRG requires clarity from Iraqi cabinet on text of draft oil law


The Iraqi cabinet in Baghdad today announced that it has approved the hydrocarbon law and will submit it to the Iraqi parliament for its approval tomorrow.

However, the Kurdistan Regional Government (KRG), a key party to the negotiations on the hydrocarbon law, has not seen and approved the final text of the law, for the following reason. The Iraqi cabinet’s legal committee, which has a remit to harmonise and standardise legal texts for the purposes of consistency, has gone beyond its remit by making material and substantive changes to the content of the law.

While the KRG is happy with the legal committee’s language improvements and restructuring of the legal text, we reject its changes to the substance of the law. The KRG has therefore reinserted the text in line with the draft that was agreed in February 2007 and sent it back to the Chairman of the Oil and Gas Committee, Dr. Barham Saleh. If the Iraqi cabinet has agreed to the revised text that contained only changes to ensure standard legal consistency, we welcome this good news. However, if it has agreed to the version that included material and substantive changes, the KRG rejects this document. We have not been informed which text the Iraqi cabinet has approved.

The background to the draft hydrocarbon law is that in February 2007 the Baghdad government and the KRG agreed on the law as a package that was to be put to parliament. The package was the draft hydrocarbon law itself, annexes to the law, an agreement on the role of the Iraqi National Oil Company (INOC), and the revenue sharing law. We agreed on 21st June on the draft revenue sharing law, which is a very positive development.

As already mentioned, we have not seen the final text of the law that the Iraqi cabinet says it will put to parliament. We hope that the cabinet is not approving a text with which the KRG disagrees because this would violate the constitutional rights of the Kurdistan Region. The material changes made by the legal committee were not only outside its remit but were also in violation of the constitution, which directly affects the role of the KRG.

http://www.iraqupdates.com/p_articles.php/article/18989

[DinarDuane]

"If the Iraqi cabinet has agreed to the revised text that contained only changes to ensure standard legal consistency, we welcome this good news. "

Let's hope this is the case ...

[dinardo]

I read in the Gulf News (Abu Dhabi's local paper) at lunch today that it was passed (unanimasly) and is going to parlament to be discussed today. Great article with Malaki's mug on it even...
:happy64:

[postcon]

Got this from the Presidency website...


The first page
1- المالكي يطرح تشكيل حكومة جديدة في غضون أيام..كشف عن تشكيل دائرة لمكافحة الإرهاب و أعلن عن إقرار قانون النفط و تلقى اتصالا هاتفيا من بوش.1-Malki put formation of a new government within days .. revealed the formation of a counter-terrorism and announced the Adoption Law of oil and received a telephone call from Bush.