You can’t have an Iraqi Oil and Petroleum Law with out having a state owned National Oil Firm.
The former Iraqi Oil Minister stated that the Iraqi Parliament will vote during the next month on establishing the state-owned National Iraqi Oil Company, Iraq Directory reported.
May 2007Monthly Archives
Iraq to establish National Oil Firm
50 Baghdad Gas Stations to be 24-Hour
Oil Ministry will open 50 gas stations in Baghdad 24 hours a day as the fuel crisis worsens and the oil industry is unable to keep up with demand. Iraqis wait for hours in line for gas that has skyrocketed in price since the 2003 invasion. Gas was subsidized, but that subsidy must be drawn down, according to terms of the economic structural adjustment program of the International Monetary Fund.
Making money in Iraq?
If you are interested in seeing a different outlook on Iraq and the economy and business look at this video.
Salam Pax Baghdad blogger from Iraq the Model.
Zoellick to be named to World Bank
Robert Zoellick, a nimble negotiator who has crisscrossed the globe as President Bush's trade chief and as the country's No. 2 diplomat, is the White House's choice to be the next World Bank president.
U.S. Iran agree on broad policy in meeting
This is a start we will see what happens at the next meeting. Just waiting for the demands from the Persians to be extraordinary.
Halliburton in talks to enter Iraq
Halliburton is in talks with other oil services company to enter Iraq but said will wait for better security to do business there. For Big oil your still looking at a few years or so to enter Iraq.
UAE wants timetable for US pullout
The UAE is asking the United States to set a timetable in Iraq.
Iraq makes plans for quick pullout
On Monday the Associated Press (AP) news decided to print this article on yahoo news about the Iraqi Army making plans just in case the inevitable happens which is a full withdrawal of the U.S. Military. In my opinion this is old news the Iraqi Army is always preparing for the withdrawal of U.S. Forces just as soon as they are fully capable of securing and defending there own country. It is articles like these from a left leaning news organization that empowers America's enemies to keep up the fight and continue full speed recruitment to the insurgency and terror groups working inside Iraq.
Does Iraq have a FDIC as in the USA?
When you deposit money in a US Bank it is federally insured through Federal Deposit Insurance Corporation (FDIC). Iraq does not have a FDIC per se as in the real world but almost and will be I am sure getting one in the future.
Iraq Oil Law Problems Maybe?
One of the main benchmarks the U.S. is hoping to have accomplished is the Iraq Oil and Petroleum law which is supposed to be completed by the end of May according to the Iraq Ministry of oil Mr. al-Shahristani.
The article brings up the current issues the Iraqi government is facing.
Read Article.
