All they are doing is making the hole bigger. The cat is out of the bag re Basra and BP. |
It doesn't matter.The company is sold, to be announced imminently.CEO gets his stay bonus any day now. |
Is it 100% certain that resumption of oil exports through the pipeline can start in September without the ICG consent? |
john@john78846295: 8h
Iraqi govt backtracking on changes to amendment to the budget. Vote most likely in coming days!
Iraqi Gov hopes House of Representatives will expedite approval of amendment in accordance with text approved by Council of Ministers |
TAKEOVER ANNOUNCEMENT IMMINENT |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares..Sale RNS incoming?. |
Sadly I'm leaning with Habshan, hope I'm wrong but the messages coming out seem to be a complete denial of changing anything while at the same time asking for all the KRG's money. Guess clarification will come soon.
But then I read a different version and it appears to slant the other way kind of saying we want all the money as a principal, but want to push through the agreed amendments soon. Tick tock, I've no idea how LTH's here haven't gone completely bonkers....... 🤷🏻 |
TAKEOVER ANNOUNCEMENT IMMINENT |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares..Sale RNS incoming.... |
Getting worse, September next date for any real news |
The Kurdistan Regional Government (KRG) criticized Baghdad for delaying amendments to the Federal Budget Law that could address the resumption of oil exports, calling a recent addition "totally unacceptable." The Iraqi government rejected the claims, urging the KRG to comply with revenue-sharing terms to resolve disputes and strengthen cooperation.https://x.com/zoomnewskrd/status/1882527733420368035?s=46 |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares.. |
Agreed (hope we're wrong). |
In my opinion, John interprets it correctly. The article states: The Federal Government hopes that the esteemed House of Representatives will expedite the adoption of the amendment in accordance with the text approved by the Council of Ministers for the benefit of Iraq and all of Iraq.
-> The Council of Ministers approved it as it was originally intended to be submitted. There is now (after all) no change to the original text, as I understand it. |
Also explains the KRG response. Which is to call foul play. If they were backtracking they would be sending out the olive branches |
I think this clarifies it. The ICG spokesman is saying that the KRG need to hand over ALL oil revenues to the central treasury. Therefore this isn't the government backtracking sadly. It's them digging in. Think John for once has got it wrong. They are standing by their amendment to the amendment and want the KRG to vote it through. |
from 21:00
Kurdistan Region Prime Minister Masrour Barzani said on Thursday that Erbil "can no longer remain silent on how Baghdad is mistreating us." |
Same as I posted earlier, just with johns opinion/take. |
 "Is this what it says??"
No.
I've put it through google translate and it's just the original statement from Sudani's office that we've been reading earlier. It talks about the new version that the Kurds have rejected and hopes that parliament will speed up it's approval.
So where John has got this from I don't know - "Iraqi govt backtracking on changes to amendment to the budget. Vote most likely in coming days!"
Here's the translation:-
The Official Account of the Iraqi Prime Minister Media Office.
Based on the government’s keenness on transparency and openness to citizens regarding the progress of its executive work, especially with regard to the budget issue, which is considered a basic pillar for implementing the commitments contained in the government program, we confirm the government’s commitment to the amendments that were sent to the Council of Ministers.
Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government representative in the House of Representatives stressed the necessity of not making any other amendments to the budget law that contradict the texts submitted by the Council of Ministers.
At the same time, we deny what was stated in the statement of the spokesman for the Iraqi Kurdistan Regional Government, and we are surprised by the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article regarding procedures for resuming oil exports from the region.
We also stress the importance of the Iraqi Kurdistan Regional Government’s commitment to the provisions of the articles of the Federal General Budget Law, which includes handing over financial revenues, whether oil or non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court.
Commitment to these procedures is a necessary step to resolve the problems related to this file and enhance cooperation between the two sides. The federal government hopes that the esteemed House of Representatives will speed up the approval of the amendment in accordance with the text approved by the Council of Ministers, for the benefit of Iraq, all of Iraq.
Bassem Al-Awadi - The official spokesman for the government. |
Is this what it says?? |
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