Part 2:
BACKDOC: DIVERSIFICATION IS COMING FROM EVERYWHERE!
Mountainman: Wow..... I Got (CONFUSED) as I read the Headline.....I Thought they were talking about SOAP.....Ivory/Coast.....Ok...Bad Joke....get him Outta Here.....LOL......This is {RICH} in Reality Resources and It will Be a [FUTURE] Mind Blower of What Happens in this IMF Assessed Region......BTW......Do You think IRAN is Choosing it's "BUSINESS PARTNERS" like a NFL TEAM would for A shall we say.....GLOBAL SUPERBOWL.......Monetarily Speaking that is.....IMO
Thunderhawk: Iran, Ivory Coast underline development of economic ties
Iran's Ambassador to Abidjan Mansour Shakibmehr in a meeting with Head of Customs House of Ivory Coast Colonel Major Issa Coulibaly underlined necessity to develop economic ties and cooperation between customs houses of the two countries.
....
BACKDOC: DIVERSIFICATION IS COMING FROM EVERYWHERE!
Mountainman: Wow..... I Got (CONFUSED) as I read the Headline.....I Thought they were talking about SOAP.....Ivory/Coast.....Ok...Bad Joke....get him Outta Here.....LOL......This is {RICH} in Reality Resources and It will Be a [FUTURE] Mind Blower of What Happens in this IMF Assessed Region......BTW......Do You think IRAN is Choosing it's "BUSINESS PARTNERS" like a NFL TEAM would for A shall we say.....GLOBAL SUPERBOWL.......Monetarily Speaking that is.....IMO
Thunderhawk: Iran, Ivory Coast underline development of economic ties
Iran's Ambassador to Abidjan Mansour Shakibmehr in a meeting with Head of Customs House of Ivory Coast Colonel Major Issa Coulibaly underlined necessity to develop economic ties and cooperation between customs houses of the two countries.
....
Considering that Abidjan is the second largest port in Africa and a great deal of goods enters the country for transit and consumption, so the Customs House of the country is of special importance in this concern.
Meanwhile, Abidjan International Exhibition also opened on Thursday March 24, 2016 with a number of Iranian companies participating in the fair.
Ivory Coast has a population of 24 million and is located in western part of Africa.
Some 40 percent of population are Muslim and 33 percent Christian.
http://ift.tt/1pUJNO5
************
BACKDOC: AS HAWK AND I HAVE BEEN TELLING YOU, THE WTO WILL BE THE TRADE ENFORCERS! REMEMBER RECENTLY WE SAW INDIA TRYING TO DUMP SOLAR PANELS IN THE U.S. AND THE U.S. SUED THEM IN WTO COURT AND WON! INDIA GOT SLAPPED! HEE HEE
THE FTA IS THE ELECTRONIC SYSTEM THAT ESSENTIALLY ALLOWS A QUICKER, MORE SECURE, AND EFFICIENT SYSTEM OF TRADE USING A COMPLETELY DIGITAL FORMAT!
THOSE THAT ARE FTA APPROVED WILL DELIVER IN THE FASTEST MANNER POSSIBLE. THAT'S WHY WE CALL IT MEMBERSHIP HAS ITS PRIVILEGES! IMO HEE HEE
Mountainman: Sheesh HAWK......The TIME of GLOBAL SPEED in TRADE and MONEY Exchanging is Very Seductive......Especially for Countries in this Region Who Need to BOOST their Economies...W/DOC'S Favorite 80's Song REMAKE.....LOL......It's ALL going DIGITAL...Countries,Trade,Banks.....the Whole "TALAPIA"......This will be Very SIGNIFICANT as A RECYCLE of CYCLES.....Turns....IMO
Thunderhawk: MEGA MASSIVE HAWK ALERT
Asia-Pacific countries finalize first regional agreement to enable cross-border electronic trade at UN forum
An unprecedented regional treaty that will cut trade time and costs in the Asia-Pacific region was finalized at a United Nations led forum in Bangkok last weekend.
According to the United Nations Information Center (UNIC) here on Saturday, the agreement, drafted by working groups bringing together 27 member states of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), will result in long-term benefits for the region by promoting cross-border paperless trade to make international trade more efficient and transparent, while improving regulatory compliance.
This regional agreement adopted by ESCAP’s Interim Intergovernmental Steering Group on Cross-Border Paperless Trade is the first of its kind to focus on implementing advanced trade facilitation measures, particularly to achieve paperless trade across borders.
The agreement will also contribute to regional economic cooperation and integration and also enhance economic competitiveness of the region as a whole by providing momentum for member states to implement advanced trade facilitation measures, particularly paperless systems such as a Single Window, in connection with the implementation the WTO Trade Facilitation Agreement.
ESCAP research indicates that region-wide implementation of cross border paperless trade in Asia and the Pacific could lead to export gains of US$257 billion annually. Even partial implementation of cross-border paperless trade measures could lead to an export increase of US$ 36 billion annually, and the time required to export could decrease by as much as 44 per cent and reduce costs by up to 31 per cent.
The United Nations Under-Secretary General and Executive Secretary of ESCAP Dr. Shamshad Akhtar said: “This regional agreement is a unique and innovative intergovernmental framework for cross-border paperless trade facilitation. The regional treaty text is both ambitious and pragmatic, so that as many member states as possible can join and benefit from it, regardless of their current level of paperless trade development.”
With its specific focus on enabling electronic trade data and document exchange, this regional framework agreement is very much complementary to the WTO Trade Facilitation Agreement adopted 2 years ago.
The region has been a leader in trade facilitation and paperless trade innovation for the last two decades. Economic gains from implementing paperless trade systems have been significant. For example, after introducing the electronic single window in Singapore, the time to process trade documents was reduced from 4 days to 15 minutes. Many other countries in the region have also been moving towards a paperless trade environment.
This agreement will facilitate the deepening of paperless trade in Asia-Pacific. The now finalized treaty text will be submitted for consideration at the 72nd session of the Commission in May, and is expected to be open for signature and ratification by Asia-Pacific member States later this year.
The Interim Intergovernmental Steering Group on Cross-Border Paperless Trade was established in 2015. It is made up of more than 40 officials and experts from over 25 ESCAP member States, including China, Russian Federation and Republic of Korea.
http://ift.tt/1RAYw9W
************
BACKDOC: LOOKS LIKE THE SILK ROAD IS WORKING THEIR OWN DEALS! DOC
Thunderhawk: Indian refiners to buy Iran's crude oil on FOB scheme
An informed source from a private refinery in India said that Indian purchasers will buy Iran's crude oil on FOB scheme as of this April.
The source said that the purchasers should rent oil tanker by themselves to carry crude oil to their country.
Experts say that purchase of Iranian crude oil on FOB base will make the oil price cheaper for Indian refiners.
According to international law, under a FOB deal, the seller should bear all expenses until the consignment is delivered on board (ship, plane or railway) and after that all expenses including transportation fees, insurance and import tariffs should be borne by the purchaser.
India's petrochemical company ' Baharat' announced that it is going to start its crude oil import from Iran within the next few months.
India's insurance officials announced that European Protection and Indemnity Company (P&I) is offering a re-insurance worth 580 million dollars for Iran's oil consignments.
The P&I insure ship owners, renting companies concerning cases like death of crews, accident, sea pollution and other incidents.
India was the second largest Iran's oil purchaser before the West imposed sanctions on Iran as a result of which its ranking dropped to the seventh place.
http://ift.tt/1pUJKSt
************
Thunderhawk: THIS IS HOW THEY PEG OIL TO THE SDR Hawk
Mountainman: So......In other WORDS......It's ALL about the BIG BOYS Playing by A Set of {Common} RULES/STANDARDS that will Make A Boat Load of Money for those Who ****NOTE**** WORK TOGETHER/Remain Flexible......So Leave the ATTITUDES/PRIDE Behind or Live to Regret it Later.....Ask IRAN and Others....RIGHT.....???.....One can SEE how The FAMILIES are Establishing "New" (TRADE) Relations in this NEW REALITY......And Whether the Countries like it or NOT......MONEY Talks.....and Cry Babies WALK....IMO
BACKDOC: NOW IT'S TIME FOR ME TO ROCK YOUR SOCKS!
WHAT I HAVE BEEN WORKING ON FOR WEEKS NOW IS CONFIRMED WITH THIS ARTICLE! MY THEORY HAS BECOME REALITY!
OZ IS NOW IN THE PROCESS OF REMOVING THE DOLLAR AS THE WORLDS RESERVE CURRENCY. YES! HOW IS THAT POSSIBLE? WELL, I GUESS YOU WILL HAVE TO LISTEN TO THE CALL TOMORROW TO FIND OUT! HEE HEE (Monday Night KTFA CC)
WELL, LET ME GIVE YOU A TEASE! WHAT HAVE I TOLD YOU IS THE UNIVERSAL CURRENCY? RIGHT! BLACK GOLD! WHAT WOULD HAPPEN IF THE GLOBAL REALITY VALUE HAS NOW BEEN FOUND AND EVERYTHING ELSE WILL BEGIN TO FALL INTO PLACE AROUND IT? MMMMM
IN PREPARATION FOR MY DISCUSSION TOMORROW (Monday) THE FOLLOWING NEEDS TO BE REVIEWED BEFORE I SHARE MY THOUGHTS!
THE SDR CURRENTLY IS THE ONE WORLD CURRENCY, BUT CURRENTLY ONLY AVAILABLE TO COUNTRIES AS LOANS SINCE THE BANCOR IS NOT YET READY TO PRINT OR BE RELEASED YET.
WE ALREADY KNOW WHAT BACKS THE SDR AS DONOR CURRENCIES DON'T WE?
YES THE KUWATI DINAR, AND THE IRAQI DINAR! POSSIBLY IN THE NEAR FUTURE WE MAY SEE AN ASIAN DONOR JOIN THE PARTY AS THE VND. WE WILL SEE! JUST MY THOUGHTS FOR NOW!
THE REST I WILL SHARE TOMORROW! (Monday Night KTFA CC) DOC IMO
Thunderhawk: Int’l approach to common oil, gas fields development
Oil and gas ‘Common Fields Development’ (CFD) is a strategic consideration for the owner governments. Any owner government, despite its national political and sectorial tendencies, has always emphasized its deliberations to CFD to promote its national interests.
In other words, there is no disagreement on the issue among any sovereign state’s political and economic elites. This consensus has realistically been an opportunity to pursue an effective roadmap to CFD and defend hereby the actualization of international common interests. There are some challenges for some countries in common oil and gas fields’ development.
In this context, if the question is why sufficient and acceptable results to maintain international interests in some certain common oil and gas fields have not been fully realized yet, in comparison with other satisfactory benchmarks in some regions, then the following analysis may briefly contribute to the explanation of different aspects of the issue and proposing some remedies to treat the CFD underdevelopment syndrome for the actualization of their on-time and effective collaborations.
Joint development of oil and gas resources among oil and gas-rich countries is of great importance in the era of ever increasing need for co-sufficiency and collaboration. There are pessimistic, as well as, optimistic approaches to oil and gas CFD. I do believe in ‘Realistic Optimism’ as a sound approach to analyze current and future trends in oil and gas CFD and hereby briefly explain different aspects of CFD.
Role of visionary leadership & energy diplomacy
The politics of cooperation governing CFD is a critical dimension of the issue. Political attitudes of the players may accelerate or hinder the pace of co-operations. A win-win attitude brings about peaceful adjustment of conflicts and can strategically lead to common interest’s fulfillment. Other win-lose or lose-lose approaches have been repeatedly adopted by some players in certain circumstances, which past experiences have frequently shown that the defeated parties pursue routes to remunerate the undesired results.
Hence, the adoption of win-win approach can strategically benefit all in the long-run. I do believe that emphasizing on the principles of ‘Continuous Dialogue’, ‘Good Intent’, ‘Sincerity’, ‘Purposefulness’ and ‘Mutuality’ is a must for the involved stakeholders. It will, with more likelihood, lead to peaceful adjustment of probable disputes or conflicts. This necessitates on its own turn, the observance of international legal frameworks and traditions.
Negotiations can act as serious means to resolve likely disagreements in a peaceful and friendly manner. The observance of these principles brightens the horizon of common interest’s actualization. The security issue is another aspect of the matter. Engaging collaboratively to safeguard common resources can reduce the probability of conflict and can act as an effective mechanism to conflict resolution and hence, contributing to a more secure atmosphere.
The challenge of ‘Unified Leadership’ has to be handled through adopting collective mechanisms such as establishing a ‘CFD Leadership Committee’. This helps to bring about change in the shortest period of time. This committee has to work closely with ‘CFD Operational Committee’ which follows the effective and timely operationalization of the policies adopted by the leadership committee.
There are various approaches to CFD which I call here as ‘Balanced-Developmental Approach’ (BDA), which emphasizes the development of all phases of a certain oil or gas field, and ‘Imbalanced-Developmental Approach’ (IDA), which concentrates on certain prioritized phases of a certain oil or gas field. Each approach has normally its opportunities and deficiencies, if is seen in a real strategic and operational and technical context. There are many reasons regarding when and how to apply IDA or BDA, but the role of governors’ ‘economic, political, developmental and technical attitudes’, besides ‘situational contingencies’ are important factors to consider among the others, which the leadership committee can decide upon.
Accountable and flexible management
There are some managerial obstacles which may hinder and slow down the pace of CFD. There are some managerial considerations to facilitate the effective CFD. Cooperations lead to the efficient utilization of common oil and gas resources and herby to strategically manage common fields in the long-run.
Establishing consortiums for more productivity is a mechanism in this regard. The establishment of ‘Joint-Ventures’ or ‘Common Commissions’ for deepening interim co-operations is a widely used recipe to speed up the timely joint-implementation of common projects in a certain common field. Such mechanisms help either to share resources, or diffuse managerial and technical expertise and experiences by the involved parties. As a matter of fact, Outsourcing oil and gas projects to ‘Real Private Sector’ or ‘Real Semi-Private Sector’ of the involved governments can synergize the overall shared capabilities.
Responsive, cohesive, ethical and accountable management for CFD is a strategic requirement to respond to the developmental needs of the industry and to foster ‘Meaningful Change’. Accountability of management towards the achievement of CFD goals in a definite period of time seems to be one of the most vulnerable managerial issues. The appointed bodies by the leadership committee are responsible to accomplish the determined goals. This managerial mechanism promotes the accountability of delegated bodies for their performance.
The leadership committee shall be informed on the progress to help lead the overall process. Issues such as ‘Early-Production’ can be considered as strategic issues by both committees to respond to market demand, if it has reached to disequilibrium. These mechanisms, if implemented effectively, will treat what I call ‘The Projects Completion Syndrome’ (PCS). Flexible management is a prerequisite to foster requisite leniency in all phases of the development process.
Proactive investment & finance: Key to financial success
The third issue is the effective and timely ‘Financing’ CFD projects. Close coordination with national parliaments, domestic and international financers are suggestible mechanisms for the harmonization of all CFD efforts. Joint-financing CFD can be achieved through establishing a ‘Joint-Financing Committee’ (JFC) to foster necessary changes.
Technology, methods and equipment
Technological issues are enough important to cite for promoting CFD efforts. New financial, operational and managerial methods have to be exercised by the involved stakeholders to speed up the effective utilization of common oil and gas fields.
Supporting strategists, technologists and manufacturers have to be put on the technology development agenda; procurement from international markets must simultaneously be on the fore of the efforts. The adoption of new technologies for operational efforts such as ‘Directional Drilling’ or ‘Radial Drilling’ is of strategic importance for CFD.
Meanwhile, Abidjan International Exhibition also opened on Thursday March 24, 2016 with a number of Iranian companies participating in the fair.
Ivory Coast has a population of 24 million and is located in western part of Africa.
Some 40 percent of population are Muslim and 33 percent Christian.
http://ift.tt/1pUJNO5
************
BACKDOC: AS HAWK AND I HAVE BEEN TELLING YOU, THE WTO WILL BE THE TRADE ENFORCERS! REMEMBER RECENTLY WE SAW INDIA TRYING TO DUMP SOLAR PANELS IN THE U.S. AND THE U.S. SUED THEM IN WTO COURT AND WON! INDIA GOT SLAPPED! HEE HEE
THE FTA IS THE ELECTRONIC SYSTEM THAT ESSENTIALLY ALLOWS A QUICKER, MORE SECURE, AND EFFICIENT SYSTEM OF TRADE USING A COMPLETELY DIGITAL FORMAT!
THOSE THAT ARE FTA APPROVED WILL DELIVER IN THE FASTEST MANNER POSSIBLE. THAT'S WHY WE CALL IT MEMBERSHIP HAS ITS PRIVILEGES! IMO HEE HEE
Mountainman: Sheesh HAWK......The TIME of GLOBAL SPEED in TRADE and MONEY Exchanging is Very Seductive......Especially for Countries in this Region Who Need to BOOST their Economies...W/DOC'S Favorite 80's Song REMAKE.....LOL......It's ALL going DIGITAL...Countries,Trade,Banks.....the Whole "TALAPIA"......This will be Very SIGNIFICANT as A RECYCLE of CYCLES.....Turns....IMO
Thunderhawk: MEGA MASSIVE HAWK ALERT
Asia-Pacific countries finalize first regional agreement to enable cross-border electronic trade at UN forum
An unprecedented regional treaty that will cut trade time and costs in the Asia-Pacific region was finalized at a United Nations led forum in Bangkok last weekend.
According to the United Nations Information Center (UNIC) here on Saturday, the agreement, drafted by working groups bringing together 27 member states of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), will result in long-term benefits for the region by promoting cross-border paperless trade to make international trade more efficient and transparent, while improving regulatory compliance.
This regional agreement adopted by ESCAP’s Interim Intergovernmental Steering Group on Cross-Border Paperless Trade is the first of its kind to focus on implementing advanced trade facilitation measures, particularly to achieve paperless trade across borders.
The agreement will also contribute to regional economic cooperation and integration and also enhance economic competitiveness of the region as a whole by providing momentum for member states to implement advanced trade facilitation measures, particularly paperless systems such as a Single Window, in connection with the implementation the WTO Trade Facilitation Agreement.
ESCAP research indicates that region-wide implementation of cross border paperless trade in Asia and the Pacific could lead to export gains of US$257 billion annually. Even partial implementation of cross-border paperless trade measures could lead to an export increase of US$ 36 billion annually, and the time required to export could decrease by as much as 44 per cent and reduce costs by up to 31 per cent.
The United Nations Under-Secretary General and Executive Secretary of ESCAP Dr. Shamshad Akhtar said: “This regional agreement is a unique and innovative intergovernmental framework for cross-border paperless trade facilitation. The regional treaty text is both ambitious and pragmatic, so that as many member states as possible can join and benefit from it, regardless of their current level of paperless trade development.”
With its specific focus on enabling electronic trade data and document exchange, this regional framework agreement is very much complementary to the WTO Trade Facilitation Agreement adopted 2 years ago.
The region has been a leader in trade facilitation and paperless trade innovation for the last two decades. Economic gains from implementing paperless trade systems have been significant. For example, after introducing the electronic single window in Singapore, the time to process trade documents was reduced from 4 days to 15 minutes. Many other countries in the region have also been moving towards a paperless trade environment.
This agreement will facilitate the deepening of paperless trade in Asia-Pacific. The now finalized treaty text will be submitted for consideration at the 72nd session of the Commission in May, and is expected to be open for signature and ratification by Asia-Pacific member States later this year.
The Interim Intergovernmental Steering Group on Cross-Border Paperless Trade was established in 2015. It is made up of more than 40 officials and experts from over 25 ESCAP member States, including China, Russian Federation and Republic of Korea.
http://ift.tt/1RAYw9W
************
BACKDOC: LOOKS LIKE THE SILK ROAD IS WORKING THEIR OWN DEALS! DOC
Thunderhawk: Indian refiners to buy Iran's crude oil on FOB scheme
An informed source from a private refinery in India said that Indian purchasers will buy Iran's crude oil on FOB scheme as of this April.
The source said that the purchasers should rent oil tanker by themselves to carry crude oil to their country.
Experts say that purchase of Iranian crude oil on FOB base will make the oil price cheaper for Indian refiners.
According to international law, under a FOB deal, the seller should bear all expenses until the consignment is delivered on board (ship, plane or railway) and after that all expenses including transportation fees, insurance and import tariffs should be borne by the purchaser.
India's petrochemical company ' Baharat' announced that it is going to start its crude oil import from Iran within the next few months.
India's insurance officials announced that European Protection and Indemnity Company (P&I) is offering a re-insurance worth 580 million dollars for Iran's oil consignments.
The P&I insure ship owners, renting companies concerning cases like death of crews, accident, sea pollution and other incidents.
India was the second largest Iran's oil purchaser before the West imposed sanctions on Iran as a result of which its ranking dropped to the seventh place.
http://ift.tt/1pUJKSt
************
Thunderhawk: THIS IS HOW THEY PEG OIL TO THE SDR Hawk
Mountainman: So......In other WORDS......It's ALL about the BIG BOYS Playing by A Set of {Common} RULES/STANDARDS that will Make A Boat Load of Money for those Who ****NOTE**** WORK TOGETHER/Remain Flexible......So Leave the ATTITUDES/PRIDE Behind or Live to Regret it Later.....Ask IRAN and Others....RIGHT.....???.....One can SEE how The FAMILIES are Establishing "New" (TRADE) Relations in this NEW REALITY......And Whether the Countries like it or NOT......MONEY Talks.....and Cry Babies WALK....IMO
BACKDOC: NOW IT'S TIME FOR ME TO ROCK YOUR SOCKS!
WHAT I HAVE BEEN WORKING ON FOR WEEKS NOW IS CONFIRMED WITH THIS ARTICLE! MY THEORY HAS BECOME REALITY!
OZ IS NOW IN THE PROCESS OF REMOVING THE DOLLAR AS THE WORLDS RESERVE CURRENCY. YES! HOW IS THAT POSSIBLE? WELL, I GUESS YOU WILL HAVE TO LISTEN TO THE CALL TOMORROW TO FIND OUT! HEE HEE (Monday Night KTFA CC)
WELL, LET ME GIVE YOU A TEASE! WHAT HAVE I TOLD YOU IS THE UNIVERSAL CURRENCY? RIGHT! BLACK GOLD! WHAT WOULD HAPPEN IF THE GLOBAL REALITY VALUE HAS NOW BEEN FOUND AND EVERYTHING ELSE WILL BEGIN TO FALL INTO PLACE AROUND IT? MMMMM
IN PREPARATION FOR MY DISCUSSION TOMORROW (Monday) THE FOLLOWING NEEDS TO BE REVIEWED BEFORE I SHARE MY THOUGHTS!
THE SDR CURRENTLY IS THE ONE WORLD CURRENCY, BUT CURRENTLY ONLY AVAILABLE TO COUNTRIES AS LOANS SINCE THE BANCOR IS NOT YET READY TO PRINT OR BE RELEASED YET.
WE ALREADY KNOW WHAT BACKS THE SDR AS DONOR CURRENCIES DON'T WE?
YES THE KUWATI DINAR, AND THE IRAQI DINAR! POSSIBLY IN THE NEAR FUTURE WE MAY SEE AN ASIAN DONOR JOIN THE PARTY AS THE VND. WE WILL SEE! JUST MY THOUGHTS FOR NOW!
THE REST I WILL SHARE TOMORROW! (Monday Night KTFA CC) DOC IMO
Thunderhawk: Int’l approach to common oil, gas fields development
Oil and gas ‘Common Fields Development’ (CFD) is a strategic consideration for the owner governments. Any owner government, despite its national political and sectorial tendencies, has always emphasized its deliberations to CFD to promote its national interests.
In other words, there is no disagreement on the issue among any sovereign state’s political and economic elites. This consensus has realistically been an opportunity to pursue an effective roadmap to CFD and defend hereby the actualization of international common interests. There are some challenges for some countries in common oil and gas fields’ development.
In this context, if the question is why sufficient and acceptable results to maintain international interests in some certain common oil and gas fields have not been fully realized yet, in comparison with other satisfactory benchmarks in some regions, then the following analysis may briefly contribute to the explanation of different aspects of the issue and proposing some remedies to treat the CFD underdevelopment syndrome for the actualization of their on-time and effective collaborations.
Joint development of oil and gas resources among oil and gas-rich countries is of great importance in the era of ever increasing need for co-sufficiency and collaboration. There are pessimistic, as well as, optimistic approaches to oil and gas CFD. I do believe in ‘Realistic Optimism’ as a sound approach to analyze current and future trends in oil and gas CFD and hereby briefly explain different aspects of CFD.
Role of visionary leadership & energy diplomacy
The politics of cooperation governing CFD is a critical dimension of the issue. Political attitudes of the players may accelerate or hinder the pace of co-operations. A win-win attitude brings about peaceful adjustment of conflicts and can strategically lead to common interest’s fulfillment. Other win-lose or lose-lose approaches have been repeatedly adopted by some players in certain circumstances, which past experiences have frequently shown that the defeated parties pursue routes to remunerate the undesired results.
Hence, the adoption of win-win approach can strategically benefit all in the long-run. I do believe that emphasizing on the principles of ‘Continuous Dialogue’, ‘Good Intent’, ‘Sincerity’, ‘Purposefulness’ and ‘Mutuality’ is a must for the involved stakeholders. It will, with more likelihood, lead to peaceful adjustment of probable disputes or conflicts. This necessitates on its own turn, the observance of international legal frameworks and traditions.
Negotiations can act as serious means to resolve likely disagreements in a peaceful and friendly manner. The observance of these principles brightens the horizon of common interest’s actualization. The security issue is another aspect of the matter. Engaging collaboratively to safeguard common resources can reduce the probability of conflict and can act as an effective mechanism to conflict resolution and hence, contributing to a more secure atmosphere.
The challenge of ‘Unified Leadership’ has to be handled through adopting collective mechanisms such as establishing a ‘CFD Leadership Committee’. This helps to bring about change in the shortest period of time. This committee has to work closely with ‘CFD Operational Committee’ which follows the effective and timely operationalization of the policies adopted by the leadership committee.
There are various approaches to CFD which I call here as ‘Balanced-Developmental Approach’ (BDA), which emphasizes the development of all phases of a certain oil or gas field, and ‘Imbalanced-Developmental Approach’ (IDA), which concentrates on certain prioritized phases of a certain oil or gas field. Each approach has normally its opportunities and deficiencies, if is seen in a real strategic and operational and technical context. There are many reasons regarding when and how to apply IDA or BDA, but the role of governors’ ‘economic, political, developmental and technical attitudes’, besides ‘situational contingencies’ are important factors to consider among the others, which the leadership committee can decide upon.
Accountable and flexible management
There are some managerial obstacles which may hinder and slow down the pace of CFD. There are some managerial considerations to facilitate the effective CFD. Cooperations lead to the efficient utilization of common oil and gas resources and herby to strategically manage common fields in the long-run.
Establishing consortiums for more productivity is a mechanism in this regard. The establishment of ‘Joint-Ventures’ or ‘Common Commissions’ for deepening interim co-operations is a widely used recipe to speed up the timely joint-implementation of common projects in a certain common field. Such mechanisms help either to share resources, or diffuse managerial and technical expertise and experiences by the involved parties. As a matter of fact, Outsourcing oil and gas projects to ‘Real Private Sector’ or ‘Real Semi-Private Sector’ of the involved governments can synergize the overall shared capabilities.
Responsive, cohesive, ethical and accountable management for CFD is a strategic requirement to respond to the developmental needs of the industry and to foster ‘Meaningful Change’. Accountability of management towards the achievement of CFD goals in a definite period of time seems to be one of the most vulnerable managerial issues. The appointed bodies by the leadership committee are responsible to accomplish the determined goals. This managerial mechanism promotes the accountability of delegated bodies for their performance.
The leadership committee shall be informed on the progress to help lead the overall process. Issues such as ‘Early-Production’ can be considered as strategic issues by both committees to respond to market demand, if it has reached to disequilibrium. These mechanisms, if implemented effectively, will treat what I call ‘The Projects Completion Syndrome’ (PCS). Flexible management is a prerequisite to foster requisite leniency in all phases of the development process.
Proactive investment & finance: Key to financial success
The third issue is the effective and timely ‘Financing’ CFD projects. Close coordination with national parliaments, domestic and international financers are suggestible mechanisms for the harmonization of all CFD efforts. Joint-financing CFD can be achieved through establishing a ‘Joint-Financing Committee’ (JFC) to foster necessary changes.
Technology, methods and equipment
Technological issues are enough important to cite for promoting CFD efforts. New financial, operational and managerial methods have to be exercised by the involved stakeholders to speed up the effective utilization of common oil and gas fields.
Supporting strategists, technologists and manufacturers have to be put on the technology development agenda; procurement from international markets must simultaneously be on the fore of the efforts. The adoption of new technologies for operational efforts such as ‘Directional Drilling’ or ‘Radial Drilling’ is of strategic importance for CFD.
New legal frameworks, contracts as catalyzers
Establishing and application of a diversified set of ‘Contracts’ is another challenge for the involved partners. To initiate new legal frameworks, CFD must be streamlined by a closed harmonization with respective national governments or parliaments and a composition of independent expert groups and institutions.
New frameworks must either actualize the interests of the involved actors who engage in CFD efforts. What I call as a win-win ‘Financial Gains Portfolio’ (FGP) for the engaged parties can be assumed as the core point of CFD agenda. There will be a real need to review and reorganize present legal frameworks to promote the unity of efforts and interests in CFD. New elaborated contractual and legal frameworks pose serious implications on motivating giant financers and investors.
National interests as well as other stakeholders’ interests must be observed, in a broader context, through developing a ‘Comprehensive Interests Basin’ (CIB) to convince all involved parties to be able to gain what they are pursuing in their interim co-operations. Establishing an expert committee to address potential neglects on contractual issues is important to prevent misunderstandings, resolving disputes or probable corruptive behaviors, which in many cases, seem to be inherent in some oil and gas deals.
Strategic human resources management: The heart of petroleum sector management
Strategic human resources management (SHRD) is a strong commitment for effective CFD efforts by the engaged partners. Adopting an effective and meaningful ‘Human Resources Management’ (HRM) system based on scientific measures such as ‘Performance-based Management’ (PBM), or ‘Competency-based Management’ (CBM) can act as an early-productive mechanism to promote the morale of craftsmen in common oil and gas fields. Human factor is ‘the most important element of joint-productivity’.
Co-operative ‘intergovernmental relationships’ are important for developing common strategies for CFD to maximally increase Returns on Investments (ROIs). For this to happen, the involved stakeholders may find ways and means to legally, politically, managerially and technically evaluate pitfalls and provide time-saving remedies to safeguard common interests through CFD in a broader internationally cooperative and strategic framework.
Overcoming political and more importantly, technical barriers for effective CFD is a liability which can be realistically managed through mobilizing mutual capabilities and initiating visionary leadership, through energy management and diplomacy. The effective implementation of CFD schemes can be achieved through a comprehensive mobilization of common capabilities and engaging in energy diplomacy and multilateral dialogues among the involved stakeholders.
http://ift.tt/1RAYw9Y
Establishing and application of a diversified set of ‘Contracts’ is another challenge for the involved partners. To initiate new legal frameworks, CFD must be streamlined by a closed harmonization with respective national governments or parliaments and a composition of independent expert groups and institutions.
New frameworks must either actualize the interests of the involved actors who engage in CFD efforts. What I call as a win-win ‘Financial Gains Portfolio’ (FGP) for the engaged parties can be assumed as the core point of CFD agenda. There will be a real need to review and reorganize present legal frameworks to promote the unity of efforts and interests in CFD. New elaborated contractual and legal frameworks pose serious implications on motivating giant financers and investors.
National interests as well as other stakeholders’ interests must be observed, in a broader context, through developing a ‘Comprehensive Interests Basin’ (CIB) to convince all involved parties to be able to gain what they are pursuing in their interim co-operations. Establishing an expert committee to address potential neglects on contractual issues is important to prevent misunderstandings, resolving disputes or probable corruptive behaviors, which in many cases, seem to be inherent in some oil and gas deals.
Strategic human resources management: The heart of petroleum sector management
Strategic human resources management (SHRD) is a strong commitment for effective CFD efforts by the engaged partners. Adopting an effective and meaningful ‘Human Resources Management’ (HRM) system based on scientific measures such as ‘Performance-based Management’ (PBM), or ‘Competency-based Management’ (CBM) can act as an early-productive mechanism to promote the morale of craftsmen in common oil and gas fields. Human factor is ‘the most important element of joint-productivity’.
Co-operative ‘intergovernmental relationships’ are important for developing common strategies for CFD to maximally increase Returns on Investments (ROIs). For this to happen, the involved stakeholders may find ways and means to legally, politically, managerially and technically evaluate pitfalls and provide time-saving remedies to safeguard common interests through CFD in a broader internationally cooperative and strategic framework.
Overcoming political and more importantly, technical barriers for effective CFD is a liability which can be realistically managed through mobilizing mutual capabilities and initiating visionary leadership, through energy management and diplomacy. The effective implementation of CFD schemes can be achieved through a comprehensive mobilization of common capabilities and engaging in energy diplomacy and multilateral dialogues among the involved stakeholders.
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