MNT GOAT
...The saga about the Iraqi dinar RV continues. It is what you don’t know that can cause you some stress and anxiety. Even I sometimes want to rush the RV process and I have to step back and relax. I have to ask myself if the CBI is following the 2011 Dr Shabibi and IMF plan.
As long as they are following it, I am very happy and so should you. As we all know Iraq is NOT working on our timetable as their newly formed government is sometimes very slow to act...
GOOD NEWS! THE NEW IRAQI OIL LAW WILL NORMALIZE IRAQ
THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE
The new Iraqi oil law undermines the dream of Kurdish independence with the increasing importance of the role of energy resources in the independence of countries, the oil dispute between Baghdad and Erbil cannot be viewed as a mere emergency dispute, but rather extends beyond that to political calculations related to the option of Kurdish independence and providing the infrastructure for this independence.
Baghdad – Analysts believe that the new oil law being prepared by the Iraqi government in Baghdad will be the final factor that will end the dream of independence for Iraqi Kurdistan, which in turn will affect the future of Western oil companies operating in the region.
On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil revenues” to Baghdad.
(This is a solid start to getting the Oil and Gas Law completed and to parliament for a vote. This must be completed to finish a Constitutional requirement to fully implement the new 2005 Iraqi Constitution. This was told to me a decade ago that this is critical to normalizing Iraq. So this is all excellent news for us today.)
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