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Friday, March 4, 2016

Dinar Updates Friday AM Chat  3-04-16    Part 2 of 2

Post From Dinar Updates 3-04-16
Chat Room Excerpts & Highlights

Dinar Updates Friday AM Chat  3-04-16    Part 2 of 2

rcookie says():in arrears to foreign companies: Deputy Minister
 
March / 04/2016   Iraq will pay foreign oil companies about $ 2 billion in remaining arrears for 2015 this April and expects to reach an agreement over contracts by half-way through the year, the deputy oil minister said.
 
International firms such as BP, Royal Dutch Shell, ExxonMobil, Eni and Lukoil operate in the southern oilfields under service contracts, whereby they are paid a fixed dollar fee for additional volumes produced.
 
Those agreements have put Baghdad's coffers under immense strain as government revenues plunge due to slumping oil prices and Iraq is in talks with foreign companies to link the fees they receive for developing its fields to crude prices.
 ~~~
"The new amended agreement will help to prevent inflating production costs and getting Iraq in debt," Fayadh al-Nema who is in charge of upstream operations told Reuters in an interview in the southern oil city of Basra.
 
rcookie says():Nema said a deal with PetroChina, ExxonMobil and other energy companies could be reached by the middle of the year over investing in a project to boost output from its smaller southern oilfields.
 
The multi-billion dollar "Integrated South Project" consists of building oil pipelines, storage facilities and a seawater supply project to inject water from the Gulf to maintain pressure and enhance oil recovery.
 
Investing companies will help raise production from the Artawi and Nahr Bin Umar oilfields and build energy infrastructure. Revenues from rising output from the two oilfields will be used to repay investors, Nema said.
 
Nema also said Iraq was working with BP to upgrade an old water injection facility in Garmat Ali, north of Basra, to provide oilfields of Rumaila and Zubair with water needed to boost output.
 
The project is currently pumping more than 1 million barrels of water per day, with plans to increase output to 3 million.
 
Iraq is in talks with foreign engineering comp
rcookie says():companies to build a new onshore oil port to expand the country's export capacity. The new port will have an export capacity of 2.5 million barrels per day.
 
"We have picked the ideal location for the new oil port that will ensure we have all the flexibility needed in shipping additional oil," Nema said.
 
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rcookie says():Iraq-Turkey oil pipeline 'to restart within days'
 
An oil pipeline linking northern Iraq to Turkey which has been out of service since Feb. 17 is expected to resume operations "within a couple of days", the chief executive of Genel Energy, one of the main oil producers in the Kurdistan Regional Government (KRG), said, as reported by Reuters.
 
The Turkish government was reinforcing security measures on the pipeline and these changes should limit downtime of the pipeline over the course of this year, he said on March 3.
 
"We are expecting within a couple of days the pipeline will be up and running," Murat Özgül told analysts.
A source within the KRG told Reuters on March 1 the pipeline would be repaired by the end of the week.     March / 04/2016
 
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rcookie says():WHY IS THAT IMPORTANT...
rcookie says():ZZZZZZZZZZZZZZZ
rcookie says():ARREARS ADDRESSMENT....2 BILLION GOING TO BE PAID IN APRIL TO OIL COMPANIES...
 
jarhead says():to show they mean well ??
jarhead says():or good intensions
 
Carl_H says():we want to know???
jarhead says():enquiring minds want to know
jarhead says():(lol)
 
Carl_H says to jarhead():Are you back in the area?
jarhead says():yes
jarhead says():layed off again lol
 
dinarmassa says():dollars or dinars
Carl_H says to jarhead():Thought I saw that earlier
jarhead says():just applied for a construction supt. with xcel
Carl_H says to jarhead():hate to hear that
 
jarhead says():hope i get it
jarhead says():tired of the oilfield
jarhead says():i have the credentials just hope they see me
 
Carl_H says to jarhead():sounds good, hope you get the job
jarhead says():thank u me too
 
RickeyT says():           I think we are a ways off, MD news days have cut way down and no more round table speaks to me
 
thenextbigidea says():Iraq will have the extra money in April to pay what was owed in 2015?????
 
BGG says():RickeyT - MD hasn't been here for a lot of other reasons. Not a lack of interest.
 
BGG says():RickeyT - and I have been out some because I have a couple of big projects to get finished (and that pesky "Dying on the table thing")...
 
BGG says():RickeyT - NOT BECAUSE I (or others) are losing interest. This is an investment... maybe people should quit listening to stupid rhetoric - and treat this like an investment.
 
BGG says():in fact, as to my own personal interest - I am VERY interested. This is IT. THE INVESTMENT...
BGG says():BBL

larrykn says():BGG if people don't start treating this as an investment they will lose it all in no time
 
poppy3 says():I BEEN TELLING YA'LL FOR YEARS THE PEOPLE IN THIS ARE NO DIFFERENT FROM LOTTO WINNERS 78% WILL LOSE IT ALL IN LESS THAN 5 YEARS AFTER THEY RECIEVE IT BECAUSE THE WILL NOT PREPARE , STUDY, TRAIN, LISTEN TO ADVISE IN ADVANCE OF RECIEVING THE BLESSING.
 
SAD BUT I ASSURE YOU VERY TRUE. HOW MANY TIMES OVER THE YEARS HAVE THEY BEEN INFORMED THIS IS A INVESTMENT JUST LIKE PEPSI COLA OR ANY OTHER IT WILL TAKE TIME TO COMPLETE OR BUILD A NEW GOVERNMENT AND STRUCTURE IN IRAQ.
 
ITS A SHAME HOW MANY GREAT RESEARCHERS THAT HAVE QUIT BECAUSE OF THE CRY BABIES THAT CONDEM THEM FOR THE NEWS THEY POST WHEN THE MEDIA OR SOURCES WHERE WRONG.
 
CHAT PEOPLE IMMEDIATELY TURN ON THE RESEARCHER LIKE THEY WHERE THE SOURCE . REDICULAS AND I MIGHT ADD THIS FROM DO NITHINGS THAT NEVER CONTRIBUTE ANYTHING POSITIVE OR ENCOURAGE ANYONE.
 
THIS IS A GREAT INVESTMENT THAT WILL REWARD MANY AND IT IS GETTING CLOSER BY THE DAY. IF YOU DONT LIKE THAT GO GIVE YOUR DINAR TO SOMEONE ELSE AND QUIT CRYING TO EVERYONE HERE. POPPY3
 
poppy3 says():ALL REPORT STILL SHOWING THEY ARE IN URGENT MODE TO MOVE TO MARKET ECONOMY.
 
WAS TOLD A HOUR AGO THE CLERGY HAVE ASK , DEMANDED ABADI GET THE JOB DONE BY THE 11TH.
 
I REALLY THINK HE WOULD HAVE MET THE MARCH 1 DATE IF IT WHERE HUMANLY POSSIBLE BUT HE CAN'T DO IT ALL HIMSELF SO A DATE LIKE THE 11TH STILL MEANS ZIP WITHOUT CO-OPERATION FROM OTHERS IN KEY POSITIONS THAT DO ALL THEY CAN TO BLOCK HIM.
 
ASK YOURSELF HOW MANY BLOCKS HAS HE ALREADY REMOVED ??? MANY AND HE WILL GET THERE AS SOON AS HE POSSIBLY CAN . POPPY3

poppy3 says():I SUGGEST YOU TALK TO A MILITARY LEADER IN IRAQ NOT LISTEN TO OUR NEWS MEDIA. MOSUL IS NOT AND NEVER YET BEEN UNDER CONTROL OF ISIS.
 
YES ISIS IS THERE IN SMALL GROUPS MOST HAVE FLED TO THE BORDERS BUT THE HAVE NEVER CONTROLED ANY PART OF THE CITY ACCORDING TO TROOPS SERVING THERE.
 
I MIGHT ADD THEY DISPISE OUR MEDIA FOR MAKING THEM LOOK LIKE THEY ARNT OR HAVENT BEEN DOING THEIR JOB. THEY KILL ISIS EVERYDAY AND NEVER GET CREDIT FOR THEIR PERFORMING THEIR JOBS. POPPY3
 
Dr Dave says():Not much out there on the massive demonstrations scheduled for today
 
Baxter1243 says():I still believe that Mosul is going to have to be freed of ISIS before anything happens with the Dinar... I guess we will know sooner or later..
 
valkyrie says):I think ISIS or some form of it will always be an issue........so that won't slow down a rv......
 
jeffusa says to valkyrie():I think they will always have pockets of ISIS, but I think control of Mosul is important..
Hutch says():Sadr calls on foreign embassies to leave the green zone 2016/03/04
 
A student leader of the sadrist movement of Moqtada Sadr said Friday, some foreign embassies in the green zone to "silence" or out of the region, and expressed his astonishment of pretending to support people denounced the return of "voice of the people, empathize with the vigil does not work alone.
 
Sadr said in an address to the demonstrators, the Iraqi people and its lackey (range), that "everyone should comply with the voice of the people both inside the red zone (green) of Iraq politicians or members of his Government or of some foreign embassies and which renounce silence or leave that region particularly called defending the oppressed and I have this".
 
He said Sadr, addressing the demonstrators "are not you who wants one authority or infringe upon the security of the punishment but had misinterpreted the literature, and wonder all the wonder of people pretended to support out denounce the people's voice
 
Hutch says():And between that "protest she stood you've got internal and external sympathy unmatched except ragtag muggers and users however this sympathy does not work alone but everyone reunited for the triumph of the revolution of reform and for the triumph of the revolution of the oppressed and to the triumph of the revolution of the people without a drop of blood is one unless stakeholders provide dolls for your rescue."

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