More Iraqi News Wednesday PM 12-15-21

More Iraqi News Wednesday PM 12-15-21

TLM724 Administrator BondLady’s Corner

The Information” Reveals The Details And Features Of The 2022 Budget And The Date Of Its Submission To Parliament

Economic     Last update 12/13/2021 | 12:33 PM  Information / Baghdad..  The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out, on Monday, a proposal to change the dollar exchange rate during the current budget, indicating that the 2022 budget is ready for voting.

Saleh said in a statement to "The Information" that "all statements about changing the dollar exchange rate or returning to the previous rate are incorrect, indicating that "the benefits of raising the dollar price are great and can never be neglected, and talking about changing the exchange rate has become a thing of the past."

He explained that "the speculative price of a barrel of oil will be in the 2022 budget by about $50, which is less than the expected global price, which amounts to $70 per barrel," noting that

"the global price of oil depends on several global data, as well as the government's intention to raise non-revenue rates." oil and increasing dependence on it.

Saleh added, "The government will present the budget ready to Parliament as soon as the constitutional procedures for the elections are completed," noting that "the budget witnessed some changes until the number allocated to it is not very different from the 2021 budget."   https://almaalomah.me/2021/12/13/570561/

For The Third Day In A Row, Oil Prices Continue To Decline

Wednesday 15 December 2021 10:00 | economic Number of readings: 234

Baghdad / NINA / - Oil prices fell for the third day in a row, today, Wednesday, due to the growing expectations that supply growth will outpace demand growth next year, although the Corona virus Omicron variable is not seen as limiting mobility as sharply as the previous variables of COVID -19.

West Texas Intermediate crude futures fell 82 cents, or 1.2%, to $69.91 a barrel, after losing 56 cents in the previous session.

Brent crude futures fell 71 cents, 1 percent, to $72.99 a barrel, after losing 69 cents on Tuesday.

Both contracts fell more than $1 earlier in the session while the monthly spot spread for Brent crude inverted briefly on Tuesday.

On the other hand, the Organization of Petroleum Exporting Countries (OPEC) on Monday raised its forecast for global oil demand for the first quarter of 2022./ End 8

https://ninanews.com/Website/News/Details?key=944919

Oil Sets A Date To Invest All Quantities Of Associated Gas

Economic     12/15/2021 | 11:03 AM   The Information/Baghdad..   The Ministry of Oil announced, on Wednesday, setting the year 2024 as the date for investing all quantities of gas associated with crude oil production operations, amounting to 2,700 million standard cubic feet.

The Undersecretary of the Ministry of Oil, Hamed Al-Zobaie, said in an interview seen by / the information /, that "the ministry's plan has been launched since 2015 to invest associated gas in power plants and other industrial plants," noting that

"the investment began to grow from 700 million standard cubic feet in 2015, to reach 1500 million standard cubic feet, and over a period of time, it is considered a huge leap within the dimensions of gas investment globally, due to what the process represents and its need for technology and large and complex facilities.”

Al-Zawba'i added that "the ministry has prepared timetables for Nasiriyah gas projects with a capacity of 200 million standard cubic feet per day, Halfaya in Al-Amarah with a capacity of 300 million standard cubic feet per day, and Artawi gas in Basra with a capacity of 400 million standard cubic feet per day, as well as Artawi Total," noting that it is an achievement.

In these projects, “the ministry will have invested all quantities of associated gas amounting to 2,700 million standard cubic feet, not exceeding the year 2024.”

Regarding the current production, Al-Zobaie explained that “the quantities prepared for power stations and the condensate that comes out of it resulting from the treatment of gas operations is estimated at two thousand standard cubic meters per day, which is exported along with one thousand tons of liquid gas per day, while filling the country’s consumption need.”

The Undersecretary of the Ministry of Oil confirmed that "Oil is making great efforts to reinvest the gas fields of Mansouriya and Cruz, after they were disrupted as a result of the poor security conditions in these two areas previously." finished/25    https://almaalomah.me/2021/12/15/570903/

Al-Kazemi, "We Have No Choice But To Adhere To The Iraqi Identity And Belonging To This Great Country, Iraq, With Its Achievements, Its Civilization And Its Citizens."

Wednesday 15 December 2021 12:23 | politicalNumber of readings: 357

Baghdad / NINA / - Prime Minister Mustafa Al-Kazemi said, "We have no choice but to adhere to the Iraqi identity and belonging to this great country, Iraq, with its achievements, its civilization and its citizens."/ Ended 9 https://ninanews.com/Website/News/Details?Key=944967

The Political Body Of The Sadrist Movement Stresses The Need To Pay Attention To And Support The Private Sector

Wednesday 15 December 2021 16:40 | economic Number of readings: 169

BAGHDAD / Nina / confirmed the political Sadrist body, the need for attention to the private sector and provide full support to ensure the revitalization of economic and trade movement.

He chairman Ahmed al - Mutairi, during a meeting on Wednesday, Chairman of the Baghdad Chamber of Commerce Firas al - Hamdani, the importance of the legislation of laws that facilitate the work of internal and external trade.

For his part, the President of the Baghdad Chamber of Commerce affirmed his readiness to cooperate in order to advance the private sector and push towards employing the largest possible number of manpower. https://ninanews.com/Website/News/Details?key=945022

UN Plasschaert And Al-Halbousi Stress The Importance Of Dialogue And Work In Harmony With The Challenges Of The Stage

Wednesday 15 December 2021 17:20 | politicalNumber of readings: 162

Baghdad / NINA / - The head of the Progress Alliance, Muhammad Al-Halbousi, met today, Wednesday, the representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert.

During the meeting, they discussed the political and security developments in the country, stressing the importance of dialogue and work in line with the challenges of the stage./End of 5

https://ninanews.com/Website/News/Details?key=945034

The Inclusion Of The File Of The Waterwheels Of Iraq On The List Of Intangible World Heritage

Wednesday 15 December 2021 18:29 | political Number of readings: 48  Baghdad / NINA / - The Ministry of Culture announced the inclusion of the file of the waterwheels of Iraq on the list of the intangible world heritage.

The ministry said in a press statement: "The UNESCO agreed today, Wednesday, to include the Iraqi waterwheels file on UNESCO's list at the sixteenth session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage, currently being held in the French capital, Paris, for the period from the thirteenth to the eighteenth of the month. Al-Jari, in which Iraq participates with two vital files: the arts of Arabic calligraphy, and the craft of making wheels.”/ End

https://ninanews.com/Website/News/Details?key=945049

By 2024.. Completion Of Associated Gas Investment

Wednesday 15 December 2021  121   Baghdad: Tariq Al-Araji  The Ministry of Oil has set the year 2024 as a date for investing all the quantities of gas associated with crude oil production operations, amounting to 2,700 million standard cubic feet, while a source indicated that the trial operation of the Yamama reservoir, which has high demand, light oil, is imminent.

The Undersecretary of the Ministry of Oil, Hamed Al-Zobaie, told "Al-Sabah": "The ministry's plan has been launched since 2015 to invest associated gas in power stations and other industrial plants," noting that "investment began to grow from 700 million standard cubic feet in 2015, to reach 1,500 million cubic feet. standard cube, and within a period of time, it is considered a major leap within the dimensions of gas investment globally, due to what the process represents and its need for technology and large and complex facilities.”

Al-Zoba'i added that "the ministry has prepared timetables for Nasiriyah gas projects with a capacity of 200 million standard cubic feet per day, Halfaya in Al-Amarah with a capacity of 300 million standard cubic feet per day, and Artawi gas in Basra with a capacity of 400 million standard cubic feet per day, as well as Artawi Total," noting that it is an achievement. These projects, "the ministry will have invested all quantities of associated gas amounting to 2,700 million standard cubic feet, not exceeding the year 2024."

Regarding the current production, Al-Zobaie explained that "the quantities prepared for power stations and the condensate that comes out of it resulting from the treatment of gas operations is estimated at two thousand standard cubic meters per day, which is exported along with one thousand tons of liquid gas per day, while filling the country's consumption need."

The official in the ministry confirmed, "Oil is making great efforts to reinvest the gas fields of Mansouriya and Cruz, after they were disrupted as a result of the poor security conditions in these two areas previously."

On the other hand, the Basra Oil Company announced that it had reached the final stage of the Yamama oil reservoir project.

A source in the Ministry of Oil told "Al-Sabah": "The completion rate in the Yamama oil reservoir reached 99%, in preparation for the trial operation phase," noting that "the design capacity of the project is approximately 50 thousand barrels per day."

According to the source, the oil from the Yamama field is characterized as being of a good light type that is universally desired, and the plant is expected to produce associated gas and solid sulfur. LINK

Ministry Of Oil: Investing All Quantities Of Associated Gas In 2024

Energy  Economy News _ Baghdad  The Ministry of Oil has set the year 2024 as a date for investing all the quantities of gas associated with crude oil production operations, amounting to 2,700 million standard cubic feet, while a source indicated that the trial operation of the Yamama reservoir, which has high demand, light oil, is imminent.

The Undersecretary of the Ministry of Oil, Hamed Al-Zobaie, said, "The ministry's plan has been launched since 2015 to invest associated gas in power stations and other industrial plants," noting that "the investment began to grow from 700 million standard cubic feet in 2015, to reach 1500 million standard cubic feet, and during A period that is considered a great leap within the dimensions of gas investment globally, due to what the process represents and its need for technology and large and complex facilities.”

Al-Zawba'i added that "the ministry has prepared timetables for Nasiriyah gas projects with a capacity of 200 million standard cubic feet per day, Halfaya in Al-Amarah with a capacity of 300 million standard cubic feet per day, and Artawi gas in Basra with a capacity of 400 million standard cubic feet per day, as well as Artawi Total," noting that it is an achievement. In these projects, “the ministry will have invested all quantities of associated gas amounting to 2,700 million standard cubic feet, not exceeding the year 2024.”

Regarding the current production, Al-Zobaie explained that “the quantities prepared for power stations and the condensate that comes out of it resulting from the treatment of gas operations is estimated at two thousand standard cubic meters per day, which is exported along with one thousand tons of liquid gas per day, while filling the country’s consumption need.”

The official in the ministry stressed, "Oil is making great efforts to reinvest the gas fields of Mansouriya and Cruz, after they were disrupted as a result of the poor security conditions in these two areas previously." Views 283 Date Added 12/15/2021   https://economy-news.net/content.php?id=26956

A New Statement From Al-Kazemi's Advisor About The White Paper

Political     Today, 19:17    Baghdad - INA - Nassar Al-Hajj,  the financial advisor to the Prime Minister, Mazhar Salih, determined, today, Wednesday, the importance of the white paper and its reflection on the economic reality in the country, while noting that the paper is closer to an economic constitution.

Saleh told the Iraqi News Agency (INA), that "the white paper is a dual reform project that seeks to achieve the country's financial sustainability with the ability to be economically sustainable in an integrated manner."

He added, "The importance of this paper, which works in the long term, has established in the short period an ideology that was confused in the economic society."

He pointed out that "the white paper requires patience, determination and will to build the country's future in stability and development, and it is closer to an economic constitution."

Saleh added, "The paper achieved something clear last year from adopting a road map towards the broader reform path, and this is what we can expect to adopt in maintaining and consolidating Iraq's economic future without retreat."

He noted that "the white paper is an indicator of the progress of the economy and the consolidation of the economic life of Iraq, and it is the economic constitution on which any upcoming government curriculum will inevitably be based."

Saleh concluded: "We evaluate the successes and failures of implementing the white paper in its first year, in order to amend the course or delete or add important procedural issues to optimize the implementation of the reform paper."   https://www.ina.iq/143885--.html

Introductory Lecture

December 14, 2021     The Central Bank of Iraq / Mosul Branch, in coordination with the Training and Development Division in the Human Resources Department, held an introductory lecture entitled (Electronic Governance) delivered by Mrs. Farah Sami Elias / M. Observed and under the supervision of Mrs. Zainab Jaafar Habib / Director of Human Resources Department, on Sunday 12/12/2021, in the meeting room in the presence of some branch employees.

The lecture included the following topics:

   1- Governance and its concept.

   2- E-governance with illustrative examples.

   3- Objectives and areas of governance.

   4- Procedures that indicate the existence of governance in a particular country.

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

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