tag:blogger.com,1999:blog-1953410733493889728.post5503827120580335688..comments2024-02-29T12:38:32.191-08:00Comments on MUSINGS ON IRAQ: Iraq’s New Oil Minister Getting Ahead Of Himself In AnnouncementsJoel Winghttp://www.blogger.com/profile/09611810110771744360noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1953410733493889728.post-1891943037416363782010-12-30T07:50:18.979-08:002010-12-30T07:50:18.979-08:00Dont pay too much attention to what the new Minist...Dont pay too much attention to what the new Minister of Oil or the MoO Spokesman said! Joel is aware that sice 2006 the GoI, especially the PM, made piles of statements none of which materialised. Keep in ind also that the leaving minister of oil Hussaien Al Shahristani, who still holds a trong grip on the MoO through his new position as Deputy PM for Energy, said on 22 December that KRG oil contracts will never be recognised!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-52051367190556162552010-12-29T09:02:07.128-08:002010-12-29T09:02:07.128-08:00Anon,
I'm not disputed Luaibi saying that the...Anon,<br /><br />I'm not disputed Luaibi saying that the Kurdish contracts will be recognized. It's just that he seemed to be saying that it's a done deal, and the spokesman and Kurds are saying it's not. <br /><br />It's important when and if the deals are finally approved by Baghdad because the Kurds have said they're not going to export until they are and have threatened to hold up the budget as well over the matter.Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-56818142932731015562010-12-29T08:55:10.780-08:002010-12-29T08:55:10.780-08:00And I'd be careful about placing too much impo...And I'd be careful about placing too much importance on that quote from the spokesman - "we haven't had any discussions" is different to a Minister saying the WILL be recognised. In other words, the contracts will be recognised once we get down to work and sort out the technicalities.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-32715703646928321742010-12-29T08:53:07.285-08:002010-12-29T08:53:07.285-08:00Thanks for your response Joel. Here's the link...Thanks for your response Joel. Here's the link for that article where he explicitly says "yes we will recognise them": http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201012250836dowjonesdjonline000275&title=2nd-update-iraq-oil-mincentral-government-to-recognize-oil-deals-inked-by-kurdistanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-70202499301801661322010-12-28T21:23:50.082-08:002010-12-28T21:23:50.082-08:00I stand corrected. Reading back through the origin...I stand corrected. Reading back through the original articles he said that there had been a signed deal between Baghdad and the Kurds from the beginning of 2010 so he wasn't thinking about Maliki signing onto the Kurds 19 demands. I'll change the article to reflect that.Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-90363243530341079082010-12-28T21:17:15.768-08:002010-12-28T21:17:15.768-08:00Anon,
Luaibi said that there was a "signed d...Anon,<br /><br />Luaibi said that there was a "signed deal" between Baghdad and the KRG over oil exports, and implied that this included recognizing the Kurdish oil contracts.<br /><br />A few days later however a spokesman for the Oil Ministry said that Kurdish exports will go ahead as part of the 2011 budget but the Ministry had not discussed the contracts. That was included in the following article:<br /><br />Dunlop, W.G., “Iraq oil production tops 2.6m barrels a day,” Agence France Presse, 12/27/10<br /><br />http://www.google.com/hostednews/afp/article/ALeqM5gPT7AbUUj-WkyvUuyi99MrcJ85cw?docId=CNG.ef38a7e4c7ef34703610b728e354c915.f41<br /><br />And if there is a signed deal to recognize the contracts, the Kurds don't know about it because the story today was that they are pushing Baghdad for just that type of recognition.<br /><br />Associated Press, "Iraqi Kurds push for recognition of oil deals," 12/28/10<br /><br />http://www.businessweek.com/ap/financialnews/D9KCSKS80.htm<br /><br />So who are you to believe, Luaibi who said there's a signed deal already about the Kurdish contracts, or the Oil Ministry spokesman and the Kurds who say there hasn't been?Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-14339634149158768052010-12-28T20:20:21.356-08:002010-12-28T20:20:21.356-08:00It's quite clear that he meant one thing: that...It's quite clear that he meant one thing: that the KRG contracts will be recognised...I don't know how you've come to the conclusion that he meant the 19 demands Maliki has promised to accept...that's one thing and as a minister coming out saying "yes they will be recognised" is also another and it would be difficult to get it wrong.<br /><br />Also, where's your souce for that 26 december spokesman comment that no discussions have taken place? Do they need to take place, given that they've been doing that for the past nine months and the end-result (ie recognising the contracts) was at the behest of those negotiations?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-39291953474501744812010-12-28T10:04:50.037-08:002010-12-28T10:04:50.037-08:00AK News reported today that the 2.6 mil/bar/day pr...AK News reported today that the 2.6 mil/bar/day production mark Minister Luaibi talked about was only for one day in Dec.!<br /><br />http://www.aknews.com/en/aknews/2/206250/Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.com