The Ministry of Oil is discussing with General Electric the investment of “associated gas production” in the fields of Dhi Qar

 

 

The Ministry of Oil, on Monday, the importance of the investment of gas associated with oil operations in the fields of Dhi Qar province and the conversion of energy that burns to useful energy adds large quantities of gas to national production.
Oil Minister Jabbar al-Allaibi said in a statement on the sidelines of his meeting with the director of GE in Iraq, Tawfiq al-Ezz and the accompanying delegation, that “the ministry plans to cooperate with international companies to invest in gas and stop burning, including General Electric, Iraq, a number of projects in the field of oil and energy, “noting that” the ministry and the company put final touches to the contract of investment gas associated with the fields of Dhi Qar, which is hoped to conclude before the end of this month. ”
He added that the contract is one of the important contracts in terms of gas investment, and there are many contracts for gas investment in other provinces, stressing the need to involve Iraqi companies and provide employment opportunities for workers, as well as the construction and construction of housing complexes for workers in the oil sector.
During the meeting, they discussed ways to enhance joint cooperation and expand prospects for bilateral cooperation in the oil and gas industry in Iraq.
For his part, the director of the company (GE) in Iraq, Tawfiq Ezz, according to the statement, that his company is working in this direction and is continuing to complete all procedures to sign the contract in addition to the involvement in the work Iraqi company in the project and the operation of Iraqi hands in the project and the rest of its other projects, His company to develop joint work with the Ministry of Oil to achieve upgrading the oil and gas sector in Iraq.

 http://en.economiciraq.com/2018/03/12/the-ministry-of-oil-is-discussing-with-general-electric-the-investment-of-associated-gas-production-in-the-fields-of-dhi-qar/

$ 600 million in Canadian loans and aid to Iraq

 


13/3/2018 12:00 am

Najaf / Hussein al-Kaabi
The Canadian Charge d’affaires in Iraq, Andrew Turner, has announced directly his country’s measures to grant Iraq a $ 200 million loan and $ 400 million in humanitarian aid as part of efforts to stabilize the country.
This came during Turner’s meeting with the head of Najaf Chamber of Commerce during his visit to the province and meeting with a number of officials recently.
“The government supports Iraq through long-term assistance aimed at developing the work of local governments and strengthening the decentralized system of state administration,” said Turner. “The other side of the support is short-term assistance to support displaced people and to provide the food they need. As well as to participate in the clearance of landmines and remnants of war.
He noted that the Canadian government intends to open an office in Baghdad to grant visa and commercial representation, because Iraq has many opportunities to attract companies and investors through the factors of religious diversity and cultural similar to Canadian society.
Turner called on the Iraqi government to facilitate the registration of international companies to help accelerate the development process, noting that the Canadian government supported Iraq in the amount of 180 million dollars within the initiative of the Canadian strategy to support Iraq, which began in 2016 to help develop humanitarian projects and support the displaced and empower women, Health and the political aspect. This initiative will continue until 2019, while a second initiative for the next phase will be considered after the evaluation of the previous initiative and its results.
For his part, said the head of the Najaf Chamber of Commerce Zuhair Sherba: Iraq has begun the stage of reconstruction and development after the elimination of the “da’ash” terrorist, and he needs to rebuild the infrastructure through the investment of wealth and accumulated experience and manpower, as well as cooperation with international companies and Canadian Companies.
He added that there is a serious desire by the Iraqi companies to cooperate with the Canadian companies in the next stage, because it possesses the technology and international expertise that contribute to accelerate the process of reconstruction and development in Iraq, stressing that the province of Najaf has attractive factors for investment is a religious tourism and archaeological city includes many monasteries and churches Archeological sites dating back to pre-Islamic times. On the industrial side, they possess raw materials that enter the various construction industries.
Sherba confirmed that Najaf Chamber of Commerce is ready to cooperate with Canadian companies through the provision of facilities and advisory services to help enter the Iraqi market.

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Kurdish source reveals to / Mawazin News / the latest developments in talks with Baghdad

Political

Since 2018-03-12 at 17:28 (Baghdad time)

 

Special – Mawazine News

Kurdish source revealed early on Monday, the agreement of the Federal Technical Commission with the Ministry of Finance of the Kurdistan region to support the sub-central bank in Erbil and Sulaymaniyah financial liquidity, indicating that the delegation discussed the delivery of oil and non-oil imports to Arbil to Baghdad.

The source told Mawazine News that “the head of the Central Bank Ali Alalak, who is visiting Erbil, the volume of oil and non-oil revenues to the Kurdistan region and how to deliver them to Baghdad.”

The source, who spoke on condition of anonymity, that “the technical delegation also discussed the number of employees in the region and ways to provide salaries as well as discuss the financial relations between the Ministries of Finance in Baghdad and Erbil.”

The source pointed out that “Alaq promised to support the banking sector in the Kurdistan region, especially the branches of the central bank in Sulaymaniyah and Erbil with financial liquidity.”

Relations between the center and the region have deteriorated following the Kurdistan referendum referendum secession from Iraq and the imposition of federal government sanctions to discourage Arbil from the step ended the process of security in Kirkuk and the disputed areas.

http://www.mawazin.net/%D9%85%D8%B5%D8%AF%D8%B1-%D9%83%D8%B1%D8%AF%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%8A%D9%86-%D9%86%D9%8A%D9%88%D8%B2-%D8%B9%D9%86-%D8%A3%D8%AE%D8%B1-%D8%AA%D8%B7%D9%88%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%AD%D8%AB%D8%A7%D8%AA-%D9%85%D8%B9-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF

 

delegation from the Ministry of Interior Kurdistan Region to visit Baghdad

A delegation from the Ministry of Interior of the Kurdistan Region to visit Baghdad
 one hour ago

“A delegation from the Ministry of Interior of the Kurdistan Region will visit Baghdad on Tuesday, according to an informed source.

The source told Ashqaf News that an internal delegation consisting of officials of passports, travel and nationality, and information will arrive in Baghdad tomorrow and meet with officials in the Federal Interior.

The source added that the delegation will discuss a number of common technical issues and how to organize their work.

After the referendum held by the Kurdistan Region on the 25 of last September, the federal government in Baghdad took a number of punitive measures against Erbil, which closed the airports to international flights and some border crossings, in addition to a military campaign in the disputed areas and the deployment of Iraqi forces and the crowd Popular after the withdrawal of the Peshmerga and Asayish forces.

Joint operations deny the existence of an agreement between Baghdad and Erbil on the demarcation of the borders of Kurdistan

 

Joint operations deny the existence of an agreement between Baghdad and Erbil on the demarcation of the borders of Kurdistan

20:53
Last updated
The time now is 09:35 PM
Baghdad / Al-Ghad Press:
Spokesman for Joint Operations, Brigadier General Yehia Rasool, denied on Monday that there was an agreement between Baghdad and Erbil to demarcate the borders of Kurdistan.
“The joint operations deny the circulation of an agreement between the central government and the territorial government on the demarcation of the border between the Kurdistan region and the center on the Blue Line and the return of the Peshmerga and Asayish forces to the pre-imposition of the law,” Rasul said in a statement received by ” .

He added that “we also deny that the signing of the joint operations commander Major General Maan al-Saadi with the Ministry of Peshmerga on the agreement and the opening of an operations room in the province of Kirkuk and Kfri area of ​​high-level officials of the federal government and the provincial government.

The federal government imposed earlier control of the province of Kirkuk and the disputed areas, and forced the Kurdish forces to return to the Blue Line, after the territory to hold a referendum, which aims to separate Kurdistan from Iraq.

The start of a US project in the Kurdistan Region worth 160 million dollars

Aims to develop and improve the public sector …

The start of a US project in the Kurdistan Region worth 160 million dollars

A sub-office of the United States Agency for International Development (USAID) opened in Erbil, the capital of the Kurdistan region, on Monday, March 12, in the presence of Deputy Prime Minister Qubad Talabani, US Ambassador to Iraq Douglas Seelman and US envoy to Arbil, John Leicester.

In a press conference on the sidelines of the opening, the Deputy Prime Minister of the Territory, the opening of the Office of the International Development Agency in the Kurdistan Region is a joint work between the region and the United States of America, and shows the support and support of America to the region.

Talabani stressed that the reforms carried out by the Kurdistan Regional Government are serious reforms and not just slogans.

The Agency’s project was based on an economic and financial reform program and a project complementary to the reforms of the territorial Government.

The size of the project development agency $ 160 million, and aims to develop and improve the public sector in the Kurdistan Region.

For his part, US Ambassador to Iraq Douglas Seelman said that this project will help the Kurdistan Regional Government in many areas, especially economic development, reiterating his country’s support for the government and citizens of the Kurdistan Region.

John Leicester, an envoy of the US Development Agency in Erbil, said the project seeks to change the lives of citizens and the level of services.

“We are pursuing a large-scale project, and we attach great importance to the region that needs assistance,” he said.

The announcement came about a month after the Iraq Reconstruction Conference, held in Kuwait in mid-February.

Kurdish Employees’ Salaries Kept in Central Bank’s Branch in Erbil: Official

 

Kurdish Employees' Salaries Kept in Central Bank's Branch in Erbil: Official

ERBIL – The governor of the Central Bank of Iraq revealed that enough money are ready in a branch of the Central Bank in Erbil, capital city of the Kurdistan Region, to pay the salaries of the public employees in the region.

In a press conference in Erbil, Ali Mohsen Al-Alaq said that they are in touch with the Kurdish ministry of finance, discussing the banking system and taxation between Erbil and Baghdad.

He also said that the money are now in a branch of the central bank in the capital city, so they can pay the salaries of the Kurdish public servants whenever the Iraqi PM Haider al-Abadi makes the decision.

http://www.basnews.com/index.php/en/news/kurdistan/421901

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