No HCL yet, but there’s some other interesting news… most of it I can sum up very succinctly, so I’ll just go ahead and do it.
– Formation of a committee to make Kurdistan independent
– L.O.L. Not gonna happen, this is a complete smoke screen.
As we draw closer to seeing real HCL news, which is what is currently happening, there’s simply no way Baghdad or simply the other 80% of Iraq outside of the Kurdish areas will be letting this key geographical area out of their grasp!
What is MUCH MORE LIKELY is we will see a continuation of the trend that has grown over the last few years – the GOI, Parliament, basically all the “PTB”s will continue to get more generous with the Kurds, and they will get a very healthy share of the future profits from both an increase in the Dinar and the enormous potential profits from a successful HCL.
That WILL happen, I am certain of it.
As you probably know, we have a new Oil Minster in Iraq. (Jabbar Al Luaibi)
It’s my opinion that he is making much more progress towards where we want to be than the last one…
This reminds me of how aggressive Abadi was when he took his spot.
Again, this is a GOOD thing the news is very consistent with reporting his enthusiasm to get things done.
This is a great piece of the HCL.
