The draft law of oil and gas on the table heads of blocs

Baraa Afif

23/10/2014

The Commission on oil and energy in the House of Representatives, said that negotiations are currently underway between the leaders of the blocs to reach agreement on a final version of the draft law of oil and gas, oil and an end to the dispute between the federal government and the Kurdistan Regional Government.

He told committee member Hussein by Radio Free Iraq that "the Commission is considering the possibility of drafting a new oil and gas law satisfies all parties."

The last part of stressed member of the Kurdistan Alliance, Mahmoud Othman on the need to speed up the adoption of a new law for oil and gas to resolve all differences between the government and the provincial government Alathadbh.

To see that the legal expert Tariq Harb said that "the draft law of oil and gas as the previous need some simple modifications," explaining that "the adoption of this law will establish the Council of federal oil, which would end the differences between the parties relating to oil all."

The deputies stressed that differences of oil between Arbil and Baghdad will end according to Articles 111 and 112 of the Iraqi Constitution, as stipulate that oil and gas belongs to all Iraqis, and that the federal government in coordination with the oil-producing provinces are drawn oil policy strategy to achieve the greatest benefit for the Iraqi people.

http://translate.google.com/translat…F26652331.html

Oil is recovering from its lowest level in 27 months

  • Agency eighth day
  • October 9, 2014, 11:38


Follow-up – ((eighth day))

Settled futures contracts for Brent crude above $ 91 a barrel on Thursday, after recovering from the lowest level in 27 months, amid the likelihood that delaying the US central bank to raise interest rates.

The price of Brent crude futures, delivery November 15 cents to 91.53 dollars a barrel by 0600 GMT.

Prices also received support from expectations of an increase in demand for oil at the end of the month, despite the increase in oil inventories more than expected American, last week.

The minutes of the meeting showed the Monetary Policy Committee at the Federal Reserve (Central American) signs that the fears of the impact of a stronger dollar on the economy could delay any decision on interest rates.

The price of American crude oil contracts in November 27 cents to 87.58 dollars a barrel, after it ended the previous session down $ 1.54.

http://8th-day.com/?p=75316

Oil is recovering from its lowest level in 27 months

  • Agency eighth day
  • October 9, 2014, 11:38


Follow-up – ((eighth day))

Settled futures contracts for Brent crude above $ 91 a barrel on Thursday, after recovering from the lowest level in 27 months, amid the likelihood that delaying the US central bank to raise interest rates.

The price of Brent crude futures, delivery November 15 cents to 91.53 dollars a barrel by 0600 GMT.

Prices also received support from expectations of an increase in demand for oil at the end of the month, despite the increase in oil inventories more than expected American, last week.

The minutes of the meeting showed the Monetary Policy Committee at the Federal Reserve (Central American) signs that the fears of the impact of a stronger dollar on the economy could delay any decision on interest rates.

The price of American crude oil contracts in November 27 cents to 87.58 dollars a barrel, after it ended the previous session down $ 1.54.

http://8th-day.com/?p=75316

Oil is recovering from its lowest level in 27 months

  • Agency eighth day
  • October 9, 2014, 11:38


Follow-up – ((eighth day))

Settled futures contracts for Brent crude above $ 91 a barrel on Thursday, after recovering from the lowest level in 27 months, amid the likelihood that delaying the US central bank to raise interest rates.

The price of Brent crude futures, delivery November 15 cents to 91.53 dollars a barrel by 0600 GMT.

Prices also received support from expectations of an increase in demand for oil at the end of the month, despite the increase in oil inventories more than expected American, last week.

The minutes of the meeting showed the Monetary Policy Committee at the Federal Reserve (Central American) signs that the fears of the impact of a stronger dollar on the economy could delay any decision on interest rates.

The price of American crude oil contracts in November 27 cents to 87.58 dollars a barrel, after it ended the previous session down $ 1.54.

http://8th-day.com/?p=75316

Iraq .. by a strong jump for the dollar to continue to deepen the losses of oil landing

Saturday, 04 October 1 / Okrudolf 2014 10:05
EM

Twilight News / and world oil prices continued to fall sharply continuous months ago, where Brent touched a new record low level in 27 months, with a rise in the dollar following the release of encouraging data on employment in the United States and new evidence on the abundant supply of crude.

The dollar came back onto Taker appearing as a key driver of commodity prices in recent months, as it makes the raw materials more expensive for most importers.

The dollar jumped to its highest level in more than four years after a report showed that the American economy created a jobs than expected last month, while the unemployment rate fell to 5.9 percent, its lowest level since July 2008.

The decline in the price of Brent crude oil futures for November delivery $ 1.11 to 92.31 dollars a barrel at the settlement yesterday after the earlier of $ 91.48 a barrel the lowest level since June 2012.

Crude lost 5.1 percent during the week, its biggest weekly loss since April 2013 and the fourth weekly loss in five weeks.

Brent fell more than 20 percent since June, when it rose to near $ 116 a barrel after an attack Daash group in Iraq.

He lost in the US crude contracts in November, falling $ 1.27 to 89.74 dollars a barrel at the settlement.

American crude lost about two dollars this week in the biggest weekly decline in a month.

In the previous session, oil futures tumbled to 88.18 American dollars, the lowest level since April 2013.

Did not prevent geopolitical tensions in the Middle East, Eastern Europe and Asia falling oil prices during the summer, and despite the progress Daash organization in northern Iraq, it did not have a significant impact on oil production in the south so far.

Some analysts say that the reduction of the production of the Organization of the Petroleum Exporting Countries (OPEC) could support oil prices.

http://translate.googleusercontent.c…OMEWKZtl-24ghg

Disputed Kurdish oil tanker mysteriously goes dark off Texas coast


By Terry Wade and Anna Louie Sussman 5 hours ago

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tanker …

A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

The AIS ship tracking system used by the U.S. Coast Guard and Reuters on Thursday showed no known position for the United Kalavrvta, which was carrying 1 million barrels of crude and 95 percent full when it went dark.

Several other tankers carrying disputed crude from Iran or Iraqi Kurdistan have unloaded cargoes after switching off their transponders, which makes their movements hard to track.

Days ago, the partially full Kamari tanker carrying Kurdish crude disappeared from satellite tracking north of Egypt’s Sinai. It reappeared empty two days later near Israel.

And in late July, the tanker United Emblem offloaded part of its cargo of Kurdish crude onto another ship in the South China Sea.

Baghdad, which says it has the exclusive right to export the crude, has filed a lawsuit in a U.S. court to reclaim control of the United Kalavrvta cargo and block the Kurdistan Regional Government from delivering it.

View gallery

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tank …

The suit shows Baghdad is stepping up a legal and diplomatic push to stop Kurdistan from exporting crude, which the Kurds say is crucial to their own dreams of independence.

The court on Monday threw out an order issued to seize the cargo, saying it lacked jurisdiction because the tanker was some 60 miles offshore.

The judge has invited Iraq to re-plead its case over the rightful ownership of the cargo. Baghdad could file claims against anyone taking delivery of the oil.

A Coast Guard official said the vessel in the Gulf of Mexico might have turned off its beacon, sailed beyond antennas that monitor transponders, or perhaps some antennas might have been taken out of service.

However, dozens of vessels were visible on Thursday in the Galveston Offshore Lightering Area, where the Kurdish tanker was last seen.


http://news.yahoo.com/disputed-kurdi…–finance.html

Disputed Kurdish oil tanker mysteriously goes dark off Texas coast


By Terry Wade and Anna Louie Sussman 5 hours ago

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tanker …

A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

The AIS ship tracking system used by the U.S. Coast Guard and Reuters on Thursday showed no known position for the United Kalavrvta, which was carrying 1 million barrels of crude and 95 percent full when it went dark.

Several other tankers carrying disputed crude from Iran or Iraqi Kurdistan have unloaded cargoes after switching off their transponders, which makes their movements hard to track.

Days ago, the partially full Kamari tanker carrying Kurdish crude disappeared from satellite tracking north of Egypt’s Sinai. It reappeared empty two days later near Israel.

And in late July, the tanker United Emblem offloaded part of its cargo of Kurdish crude onto another ship in the South China Sea.

Baghdad, which says it has the exclusive right to export the crude, has filed a lawsuit in a U.S. court to reclaim control of the United Kalavrvta cargo and block the Kurdistan Regional Government from delivering it.

View gallery

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tank …

The suit shows Baghdad is stepping up a legal and diplomatic push to stop Kurdistan from exporting crude, which the Kurds say is crucial to their own dreams of independence.

The court on Monday threw out an order issued to seize the cargo, saying it lacked jurisdiction because the tanker was some 60 miles offshore.

The judge has invited Iraq to re-plead its case over the rightful ownership of the cargo. Baghdad could file claims against anyone taking delivery of the oil.

A Coast Guard official said the vessel in the Gulf of Mexico might have turned off its beacon, sailed beyond antennas that monitor transponders, or perhaps some antennas might have been taken out of service.

However, dozens of vessels were visible on Thursday in the Galveston Offshore Lightering Area, where the Kurdish tanker was last seen.


http://news.yahoo.com/disputed-kurdi…–finance.html

Disputed Kurdish oil tanker mysteriously goes dark off Texas coast


By Terry Wade and Anna Louie Sussman 5 hours ago

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tanker …

A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

The AIS ship tracking system used by the U.S. Coast Guard and Reuters on Thursday showed no known position for the United Kalavrvta, which was carrying 1 million barrels of crude and 95 percent full when it went dark.

Several other tankers carrying disputed crude from Iran or Iraqi Kurdistan have unloaded cargoes after switching off their transponders, which makes their movements hard to track.

Days ago, the partially full Kamari tanker carrying Kurdish crude disappeared from satellite tracking north of Egypt’s Sinai. It reappeared empty two days later near Israel.

And in late July, the tanker United Emblem offloaded part of its cargo of Kurdish crude onto another ship in the South China Sea.

Baghdad, which says it has the exclusive right to export the crude, has filed a lawsuit in a U.S. court to reclaim control of the United Kalavrvta cargo and block the Kurdistan Regional Government from delivering it.

View gallery

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tank …

The suit shows Baghdad is stepping up a legal and diplomatic push to stop Kurdistan from exporting crude, which the Kurds say is crucial to their own dreams of independence.

The court on Monday threw out an order issued to seize the cargo, saying it lacked jurisdiction because the tanker was some 60 miles offshore.

The judge has invited Iraq to re-plead its case over the rightful ownership of the cargo. Baghdad could file claims against anyone taking delivery of the oil.

A Coast Guard official said the vessel in the Gulf of Mexico might have turned off its beacon, sailed beyond antennas that monitor transponders, or perhaps some antennas might have been taken out of service.

However, dozens of vessels were visible on Thursday in the Galveston Offshore Lightering Area, where the Kurdish tanker was last seen.


http://news.yahoo.com/disputed-kurdi…–finance.html

Disputed Kurdish oil tanker mysteriously goes dark off Texas coast


By Terry Wade and Anna Louie Sussman 5 hours ago

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tanker …

A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

The AIS ship tracking system used by the U.S. Coast Guard and Reuters on Thursday showed no known position for the United Kalavrvta, which was carrying 1 million barrels of crude and 95 percent full when it went dark.

Several other tankers carrying disputed crude from Iran or Iraqi Kurdistan have unloaded cargoes after switching off their transponders, which makes their movements hard to track.

Days ago, the partially full Kamari tanker carrying Kurdish crude disappeared from satellite tracking north of Egypt’s Sinai. It reappeared empty two days later near Israel.

And in late July, the tanker United Emblem offloaded part of its cargo of Kurdish crude onto another ship in the South China Sea.

Baghdad, which says it has the exclusive right to export the crude, has filed a lawsuit in a U.S. court to reclaim control of the United Kalavrvta cargo and block the Kurdistan Regional Government from delivering it.

View gallery

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tank …

The suit shows Baghdad is stepping up a legal and diplomatic push to stop Kurdistan from exporting crude, which the Kurds say is crucial to their own dreams of independence.

The court on Monday threw out an order issued to seize the cargo, saying it lacked jurisdiction because the tanker was some 60 miles offshore.

The judge has invited Iraq to re-plead its case over the rightful ownership of the cargo. Baghdad could file claims against anyone taking delivery of the oil.

A Coast Guard official said the vessel in the Gulf of Mexico might have turned off its beacon, sailed beyond antennas that monitor transponders, or perhaps some antennas might have been taken out of service.

However, dozens of vessels were visible on Thursday in the Galveston Offshore Lightering Area, where the Kurdish tanker was last seen.


http://news.yahoo.com/disputed-kurdi…–finance.html

Disputed Kurdish oil tanker mysteriously goes dark off Texas coast


By Terry Wade and Anna Louie Sussman 5 hours ago

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tanker …

A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

The AIS ship tracking system used by the U.S. Coast Guard and Reuters on Thursday showed no known position for the United Kalavrvta, which was carrying 1 million barrels of crude and 95 percent full when it went dark.

Several other tankers carrying disputed crude from Iran or Iraqi Kurdistan have unloaded cargoes after switching off their transponders, which makes their movements hard to track.

Days ago, the partially full Kamari tanker carrying Kurdish crude disappeared from satellite tracking north of Egypt’s Sinai. It reappeared empty two days later near Israel.

And in late July, the tanker United Emblem offloaded part of its cargo of Kurdish crude onto another ship in the South China Sea.

Baghdad, which says it has the exclusive right to export the crude, has filed a lawsuit in a U.S. court to reclaim control of the United Kalavrvta cargo and block the Kurdistan Regional Government from delivering it.

View gallery

A still image from video taken by a U.S. Coast Guard HC-144
Ocean Sentry aircraft shows the oil tank …

The suit shows Baghdad is stepping up a legal and diplomatic push to stop Kurdistan from exporting crude, which the Kurds say is crucial to their own dreams of independence.

The court on Monday threw out an order issued to seize the cargo, saying it lacked jurisdiction because the tanker was some 60 miles offshore.

The judge has invited Iraq to re-plead its case over the rightful ownership of the cargo. Baghdad could file claims against anyone taking delivery of the oil.

A Coast Guard official said the vessel in the Gulf of Mexico might have turned off its beacon, sailed beyond antennas that monitor transponders, or perhaps some antennas might have been taken out of service.

However, dozens of vessels were visible on Thursday in the Galveston Offshore Lightering Area, where the Kurdish tanker was last seen.


http://news.yahoo.com/disputed-kurdi…–finance.html