TNT – “Tidbits From TNT” Sunday 4-21-2024

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Tishwash:  Parliamentary Committee: Iraq has regained its regional role and influence in the world

A member of the Parliamentary Security and Defense Committee, Muhammad Al-Shammari, confirmed today, Saturday, that Iraq has regained its regional role and influence in the world.

Al-Shammari said in an interview followed by Mawazine News, “We aspire for Iraq to regain its regional and global role, and to exploit this situation to be a mediator between America and Iran to ease tensions.”

 Al-Shammari pointed out that “Iraq’s restoration of its regional role and influence in the world could be used by the Iraqi government to establish security and stability in the Middle East and in the region in particular.”  link

Tishwash:  Al-Alaq reveals the Central Bank’s reserve… in dollars and gold

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the foreign reserves in the bank.

Al-Alaq said in a press statement, “The Central Bank has a foreign reserve of more than 100 billion dollars.”

He added, “We have gold reserves of more than 130 tons, most of which are located in England.”

Al-Alaq pointed out that “the volume of trade with the UAE reaches 17 billion dollars and is paid in UAE dirhams.”

Al-Alaq pointed out that “First Abu Dhabi Bank is the one responsible for the commercial transfers in UAE dirhams.”   link

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CandyKisses:  Iraq surpasses Saudi Arabia in oil exports to the United States

The US Energy Information Administration announced on Sunday that Iraq’s oil exports to the United States rose during the past week.

“The average US imports of crude oil during the past week from 8 major countries amounted to 4.832 million barrels per day, down by 265 thousand barrels per day from the previous week, which amounted to 5.097 million barrels per day,” the administration said in a table.

She added that “Iraq’s oil exports to America came in second place after Canada, reaching 308,000 barrels per day last week, up by 166,000 barrels per day from the previous week, which amounted to 142,000 barrels per day.”

She pointed out that “the most oil revenues for America during the past week came from Canada, followed by Colombia and then Saudi Arabia.”

She explained that the quantities of US imports of crude oil continued, from Mexico, Brazil, Nigeria and from Libya, while it also did not import any quantity from Ecuador and Russia.

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Tishwash:  “Proposals and Obstacles”… Parliamentary Committee: Legislating the Oil and Gas Law requires the agreement of three parties

“Proposals and Obstacles”… Parliamentary Committee: Legislating the Oil and Gas Law requires the agreement of three parties

The Parliamentary Oil, Gas and Natural Resources Committee confirmed today, Saturday, that approving the draft oil and gas law requires the consensus of three parties, while it referred to proposals regarding its draft.

The Deputy Chairman of the Committee, Adnan Al-Jabri, said in an interview with (Al-Rabaa) that, “The Oil and Gas Law is one of the most important laws that must be enacted during the current session, and the Parliamentary Oil, Gas and Natural Resources Committee worked to activate the draft law or activate the legislative procedures.”

Al-Jabri added, “Legislation procedures need to prepare a draft from the government, to be discussed between the federal government and the Kurdistan Regional Government, in addition to the producing provinces, and then agreed upon and sent to the House of Representatives.”

Regarding the obstacles to legislating the law, he pointed out that “the problem is that the draft has been prepared, but so far it has not been agreed upon between the productive governorates on the one hand, the Kurdistan region on the other hand, and the federal government. There are proposals by the productive governorates, proposals from the regional government, and proposals from the federal government.” “.

He continued, “The House of Representatives is waiting for all these parties to agree on a final draft, and when it is sent to the House of Representatives, it will be read first and then subject to discussion and a second reading, after which the law will be enacted. But the most important thing is that the draft comes agreed upon by all components and all Iraqi parties in the Council of Ministers.” “.

He explained, “There are representatives of almost all governorates and components in the Council of Ministers, and therefore when the draft is agreed upon, the House of Representatives will not delay in approving the law.” link