STATUS OF THE RV , PART. 3 BY MNT GOAT, 15 FEB

 STATUS OF THE RV , PART. 3

What else is in the news? 

ECONOMIC SECTOR: 

😊There are some other very interesting articles in the news channels from Iraq. Meanwhile among all the dollar issues, Iraq is growing and economically it is moving ahead at warp speed. Almost a dozen huge cargo ships are now docked at the port of Faw and unloading. 

The country of Great Britian as well as the United States finally decided to come onboard and sink some their investment money in Iraq for a number of various projects. See article titled “BRITISH AMBASSADOR TO NINA: BAGHDAD AND LONDON WILL IMPLEMENT MAJOR PROJECTS AND OUR COMPANIES ARE READY TO INVEST IN IRAQ” . We also hear very good news in the article titled “LAUNCHING THE IMPLEMENTATION OF THE {FURSAN} RESIDENTIAL CITY.. AND AL-SUDANI: IRAQ IS FACING A NEW INDUSTRIAL RENAISSANCE“. Prime Minister Mohammed Shia Al-Sudani launched, today, Wednesday, the executive works for the development project of the Al-Fursan residential city in the Al-Nahrawan area in Baghdad. 

ENERGY SECTOR: 

😊In the article titled “MP CALLS FOR ENACTING OIL AND GAS LAW TO SOLVE SALARY CRISIS” a member of the Parliamentary Oil, Gas and Wealth Committee Nazim Al-Shabli called on the federal government today, Tuesday, to expedite sending the draft oil and gas law.  So, this is another issue that we have been waiting for to get resolved. The lack of a solid law in this area of energy has caused Iraq great pain over the decades. I surely hope they can get this constitutional requirement completed sooner than later. 

😊It an article titled “MINISTER OF ELECTRICITY DISCUSSES WITH US CHARGÉ D’AFFAIRES THE DEVELOPMENT OF THE ENERGY SYSTEM IN IRAQ“. On Wednesday, the Minister of Electricity, Ziad Ali Fadhil, discussed with the Chargé d’Affairs of the US Embassy the development of the electricity system in Iraq. You know what this was all about…don’t you? It is a knee-jerk reaction from Iraq, a reaction to the Trump administration cancelling the extension of electricity purchase from Iran. Seems Iraq always needs a kick in the pants to get them moving. The question is will they finally get the grid completed. 

During the meeting, the two sides discussed the investment opportunities available in the Iraqi energy sector, the participation of American companies in electricity infrastructure development projects, and the transfer of modern technologies in the field of production, transmission and distribution of electrical energy.”

Then we find out some more TRUTHS about the electric grid issue in article titled “RUSSIA: WE WERE ABOUT TO COMPLETE IMPORTANT ENERGY PROJECTS IN IRAQ, BUT THE EVENTS OF 2004 LED TO THEIR SUSPENSION“. Oh… this is a good one too. In this news we find out from Elbrus Kotrashev, the Russian Federation’s ambassador to Iraq that Russian companies were about to complete important electricity projects in Iraq that began before 2003, especially in the energy sector,

 but the painful security events that occurred in 2004 led to the suspension of these projects and the evacuation of more than 900 Russian experts. 

He continued: “After that, there was a long interruption in cooperation due to the turbulent security situation, but we want to continue the work and complete it successfully, especially since we are witnessing the suffering of the Iraqi people due to the scarcity of electricity.

Despite these challenges, the Russian ambassador stressed that relations between Baghdad and Moscow, which date back 80 years, are still strong and distinctive at all levels. This could all be good news but didn’t Germany’s Seimans and U.S. General Electric also take on contracts to help resolve the electric grid situation? 

Isn’t that what we read? What happened to their efforts? We read Iraq allocated billions just years ago to complete it? Did they also pull out due to terrorists attacks? Just asking…..

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/