TNT:
Tishwash: “ExxonMobil” is close to leaving Iraq.. Learn about the details of the upcoming deal
ExxonMobil is close to exiting the West Qurna 1 field.
And the “Iraq Oil” website stated in a report translated by “Al-Iqtisad News”, that the company “is negotiating a two-part deal to sell its 32.7% stake in the West Qurna 1 oil field to the Malaysian Pertamina Company and the Basra Oil Company owned by the Iraqi state.”
The sale, if it takes place, according to the site, will lead to “resolving the dispute that Exxon Mobil presented to international arbitration. On the other hand, it will strengthen China’s foothold in the Iraqi oil sector, as the Chinese PetroChina Company, which currently owns a non-operating share of 32.7 percent, will take over. % in the project, the role of the operator.
According to the site, two Iraqi officials in the oil sector confirmed the outlines of this proposed deal, “whereby Pertamina will obtain an additional 10% stake in the project, raising its total stake to 20%, while the Basra Oil Company will buy the remaining 22.7% stake from ExxonMobil.” link
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CandyKisses: Close to Sudanese: Those who obstruct the contract of the German company Siemens
Baghdad – Iraq Today:
A member of the House of Representatives, Mohammed Saadoun Al-Sudani, revealed the reasons for America’s move towards addressing the electric power crisis in Iraq after 20 years of its exacerbation, while Washington’s assistance to Baghdad was considered a “new obstruction.”
Al-Sudani said in a press interview that “America’s progress to help Iraq in the field of electric power at this particular time is part of the obstacles to address the crisis by contracting with the German company Siemens.”
Al-Sudani asked: “Where has America been since 2003 until now in addressing the electricity crisis?” He pointed out that “the current US move comes as a result of the seriousness of the current government to contract with Siemens and return electric power to normal.”
The member of the House of Representatives stressed that “America’s new position is not serious and unclear,” pointing out that “during the previous governments that tried to contract with Siemens, Washington is well aware that the heads of the Iraqi government are not serious and their movements are just (ink on paper);
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Tishwash: Member of Parliamentary Finance: The 2023 budget will exceed 200 trillion dinars
Economy News – Baghdad
A member of the Parliamentary Finance Committee, Representative Nermin Maarouf, confirmed, on Friday, that the size of the 2023 budget amount exceeds 200 trillion dinars.
Maarouf said, “The recent changes and the reduction in dollar prices disrupted or delayed sending the budget from the government to parliament,” indicating that “the price of the dollar in the budget has not been determined yet after the government approved reducing its price and circulation to 1,300 dinars per dollar.”
And she added, “Changing the price of the dollar and its official approval will determine the budget deficit and its amount, if any, and we are awaiting the official approval of the dollar price in the next budget.”
“The volume of the 2023 budget exceeds 200 trillion dinars, and it is awaiting the arrival of the budget to parliament and discussing its doors in detail,” Maarouf said in an interview with “Shafaq News” agency, followed by “Al-Iqtisad News”. link
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Tishwash: The Iraqi delegation in Washington: Government measures aim to reform the banking system
The Iraqi delegation, headed by Foreign Minister Fouad Hussein, who is currently in the US capital, Washington, confirmed today, Friday, that the government’s measures aim to reform the banking system.
Foreign Ministry spokesman Ahmed Al-Sahhaf said in a statement, “Deputy Prime Minister and Foreign Minister Fuad Hussein and his accompanying delegation met with US Deputy Secretary of the Treasury Wali Adimo, Assistant Secretary of the Treasury Elizabeth and senior ministry officials concerned with Iraq and the Middle East,” pointing out that “during The meeting discussed issues of common interest and bilateral cooperation between the two countries.
The Iraqi delegation indicated, according to the statement, that “the measures of the government and the central bank in developing and reforming monetary policy, and the government’s priority in promoting investment and trade, diversifying energy sources, and facing current challenges at the monetary and banking levels, and what these measures reflect in terms of reforming the banking system by combating corruption and money laundering, and the importance of The continuation of technical meetings between specialists in this aspect. link
