Wednesday, January 1, 2025
What is holding up the passage of the oil and gas law so far?, 1 JAN
What is holding up the passage of the oil and gas law so far?
Member of the Parliamentary Oil and fuel Committee, Alaa Al-Haidari, confirmed these days, Tuesday, that there’s issue in approving the oil and gasoline regulation because of the absence of a political settlement and the Kurdistan local authorities’s failure to abide by way of the agreements concluded with the middle.
Al-Haidari said in a assertion to dinaropinions.com, “Many conferences have been held within the presence of Oil Ministry officials and government advisors, with the intention of attaining a consensus components for the regulation, however the ones efforts have no longer borne fruit up to now. ”
He mentioned that “the oil and fuel law is one of the laws which have been stalled inside the house of Representatives, because it has been caught within the drawers for extra than five parliamentary periods, no matter being blanketed within the authorities software,” explaining that “voting at the law will make contributions to finishing the differences among the region and the center, and provide honest course for countrywide wealth inside the framework of the charter.”
He defined that “the approval of the regulation will ensure the law of oil exports and oil and non-oil revenues in a honest way, so that it will spare the united states of america similarly problems and barriers among the area and the federal government.”
Kurdish parties keep to obstruct the approval of the oil and fuel regulation, that’s necessary to lessen violations and thefts in the Kurdistan regional government, in particular inside the oil smuggling file.
With More Than 30 Billion Dollars... A Leap In The Projects Market In Iraq, 1 JAN
With More Than 30 Billion Dollars... A Leap In The Projects Market In Iraq
2024-12-31 00:32 Shafaq News/ The English magazine "Med Projects" revealed that the projects market in Iraq rose to 8.6% in November.
The magazine said in a report it published and reviewed by Shafaq News Agency that Iraq witnessed a significant increase of 8.6 percent or $31.7 billion in the value of its market projects in November, ranking fourth after the UAE, Saudi Arabia and Iran.
She added that the increase in the value of projects in Iraq reflects the view that Baghdad has shifted its focus to rebuilding and modernizing the country's deteriorating infrastructure. LINK
TIDBIT FROM JEFF, 1 JAN
Jeff
This news about Iraq to end the dollar currency auction by the start of 2025 probably is not credible accurate news.
We won't know till until January 2nd if they do or don't stop the currency auction. We'll have to wait until January 2nd to see the credibility of this news.
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