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Sunday, November 1, 2015

DINAR IRAQ & DONG VIETNAM UPDATE, 1 NOV

…Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that restarting the oil-sharing agreement between Baghdad and Erbil was vital for the 2016 national budget, expressing hope that a delegation from the Kurdistan Regional Government (KRG) would help reach an agreement.” WOW…reinstate the oil-sharing…reinstated again and both sides implement…This tells me that the HCL has all along be in place…just not implemented.
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Dhi Qar-where]
Oil Minister Adel Abdul Mahdi announced the arrival of Iraq’s crude oil production of the southern ports to record levels.
Abdul-Mahdi told a news conference after a deliberative meeting for the provinces over oil management contract in Dhi Qar that “these ports produce 3.8 million barrels an equivalent to historical rates,” adding that “these exports do not include the Turkish port of Ceyhan.”
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