In the beginning of August, there was a major rift within PM Maliki newly appointed Ministries by the same people that had voted and appointed them into there cabinet posts. A vote of no confidence was attained against five ministries which very soon will be replaced.
After the last elections it took 5 months to appoint the cabinet members in the newly elected government, I hope it don’t take another 5 months to appoint the new ministries.
I hope the Ministry of Finance is not one of the five ministries and he is able to implement is new plan shortly.
August 2006Monthly Archives
Iraq Shake Up Again
Warka Bank
Just this week a Warka bank branch in Erbil, Iraq was the victim of another Bank robbery, however in this case the Iraqi Police were close by and arrested the three robbers. I like this because for one it shows that maybe Warka Bank is increasing there security and looking out for the depositors/investors or the Iraqi police just happened to be in the area and arrested the robbers in the act.
I am not sure how it went and I am glad with all the Americans funneling money to Warka that they didn’t suffer another lost like they did a month ago with the other robbery of $800,000 usd in an armored vehicle.
PM Nuri al-Maliki Patience Is Thin
I have mentioned before that the Oil Ministry Mr. Husayn al-Shahristani, travels frequently and meets interesting people and now the hammer is getting ready to fall. The PM al-Maliki has told him that if he doesn’t solve the Fuel crisis he will be sacked.
The fuel crisis can’t be solved quickly so he just might be replaced. It doesn’t matter, I am sure the Iranians will take care of him after he in fact loses his cabinet post. I am sure the Iranians are boosting there refined oil production to save there little buddy, remember he was the one that helped the Iranians get the oil contract.
Iraq and Iran thier Buds!!
I really like this guy the Oil Ministry Mr. Hussein Shahristani, he always gets to travel abroad and meet some every interesting people. Recently he went to Tehran to secure a contract agreement with the Iranians.
Tehran is going to purchase 100,000 barrels of crude oil a day from Iraq and in exchange Tehran will sell two million liters of refined oil products the petrol and kerosene to Baghdad.
Stockholmes Syndrome In Iraq
If you remember a MP Taysir al-Mashhadani was abducted almost two months ago and she is a member of the Iraqi Islamic Party and she was just recently released, she said her captors treated her well. The abductors let her watch TV and the news. What is different then all the other kidnapping cases and don’t get me wrong there were others that were kidnapped and released with out the prime time TV and next your beheaded party.
Kurds and there Oil Pipeline
There is a oil pipeline that runs between Bajji and Kirkuk which is north of Baghdad, and the Kurds are asking for permission to use the Peshmerga Forces to guard this oil pipeline.
I think it is a way to get more Kurds especially with guns in the area around Kirkuk. Soon they will have to decide who really has control of Kirkuk and the oil field.
The Russians are Coming To Dinner
Before the Iraq invasion the Russians had a good thing going in Iraq with all the oil contracts worth billions that is until Big Army rolled in. Now the Russians are hoping to get back in on the action and are close to signing agreements with South Oil Company for access to the major oil field in the south.
Don’t worry when the Russian representative was invited for dinner in Central Baghdad guessed who opened the door for them, you guessed it Exxon/Mobile. Nothing personal it’s just business.
Iraq Bank Robbery
There have been more bank robberies occurring in Iraq then what has been recently reported. Just recently the Raghibat Khatun Bank was held up and several employees were killed. The thieves managed to remove a small sum of seven million dinars.
In another recent Bank robbery in the town of Al-Amiriyah the robbers left with hundreds of million of dinar.
How much oil…again?
The Oil Ministry Al-Sharistani a few days ago in Iraq had announced that oil production is up to two million barrels a day and could jump to 2.5 million barrels a day.
We have conflicting information from Mr. Al-Sharistani and the South Oil Company spokesperson who has recently said that the oil production has dropped to one million barrels a day. A far cry from two million barrels a day as the Oil Ministry had stated earlier.
