Tuesday, May 15, 2007
Jordan to receive Iraqi oil at preferential prices
Oil
(Iraq Directory) - Iraqi Minister of Planning, Ali Baban, said that the oil agreement between Iraq and Jordan provides for the latter to provide oil at preferential prices, up to $18 per discount on the worldwide price of oil.
He added, during his presence in the fourth international exhibition for the reconstruction of Iraq held in Amman, that the problem is in the unstable security situation on the road between Beiji and the Iraqi border, which impede the implementation of the agreement signed in Baghdad, when the Jordanian Prime Minister, Maaroof Al-Bikheet visited it last year, and not in the relations between Iraq and Jordan. He stressed the needed of the two countries for pipeline between them, but such a pipeline has not been built despite the need for it.
He pointed out that after this period, the Jordanian government found the road unsafe for the transport of oil from Iraq, and we are still ready to implement this project if not for the security dilemmas that accompany the transport process. He said that there is a complex security situation, but this does not prevent us from the construction process.
(Iraq Directory) - Iraqi Minister of Planning, Ali Baban, said that the oil agreement between Iraq and Jordan provides for the latter to provide oil at preferential prices, up to $18 per discount on the worldwide price of oil.
He added, during his presence in the fourth international exhibition for the reconstruction of Iraq held in Amman, that the problem is in the unstable security situation on the road between Beiji and the Iraqi border, which impede the implementation of the agreement signed in Baghdad, when the Jordanian Prime Minister, Maaroof Al-Bikheet visited it last year, and not in the relations between Iraq and Jordan. He stressed the needed of the two countries for pipeline between them, but such a pipeline has not been built despite the need for it.
He pointed out that after this period, the Jordanian government found the road unsafe for the transport of oil from Iraq, and we are still ready to implement this project if not for the security dilemmas that accompany the transport process. He said that there is a complex security situation, but this does not prevent us from the construction process.
Labels: Beiji, Jordan, oil, Planning Minister Ali Baban
Thursday, March 15, 2007
VP Abdul-Mahdi to update U.N. and donors on Iraq Compact
International
(AP Worldstream) Iraqi Vice President Adel Abdul-Mahdi will update U.N. member states and other potential donors Friday on the war-torn country's plan for economic development and ask for international support, the United Nations said. Abdul-Mahdi, one of two vice-presidents, will be promoting a five-year plan known as the Iraq Compact to ensure the government has funds to survive and enact key political and economic reforms. The compact was set up shortly after Iraqi Prime Minister Nouri al-Maliki took office in June 2006 to "consolidate peace and pursue political, economic and social development."
U.N. Secretary-General Ban Ki-moon, who convened the meeting, "looks forward to the participation of the broader international community ... to help put Iraq on a credible path towards sustainable development and economic prosperity," his spokeswoman Michele Montas said Wednesday. Delegations from more than 40 countries plan to attend the meeting, she said. Abdul-Mahdi met Wednesday in Washington with U.S. Deputy Treasury Secretary Robert Kimmitt, who will lead the U.S. delegation to the meeting.
Kimmitt said in a statement issued after the meeting that he congratulated the vice-president on Iraq's economic progress and lauded the creation of the Iraq Compact as "an ambitious framework for transformation of the Iraqi economy." Ibrahim Gambari, the U.N. special adviser for the compact and the Iraqi delegation, which also includes Planning Minister Ali Baban, will co-chair Friday's meeting. The U.S. Treasury said all parties have agreed to a ministerial meeting in the near future to formally sign the compact.
U.N. Secretary-General Ban Ki-moon, who convened the meeting, "looks forward to the participation of the broader international community ... to help put Iraq on a credible path towards sustainable development and economic prosperity," his spokeswoman Michele Montas said Wednesday. Delegations from more than 40 countries plan to attend the meeting, she said. Abdul-Mahdi met Wednesday in Washington with U.S. Deputy Treasury Secretary Robert Kimmitt, who will lead the U.S. delegation to the meeting.
Kimmitt said in a statement issued after the meeting that he congratulated the vice-president on Iraq's economic progress and lauded the creation of the Iraq Compact as "an ambitious framework for transformation of the Iraqi economy." Ibrahim Gambari, the U.N. special adviser for the compact and the Iraqi delegation, which also includes Planning Minister Ali Baban, will co-chair Friday's meeting. The U.S. Treasury said all parties have agreed to a ministerial meeting in the near future to formally sign the compact.
Labels: Ibrahim Gambari, Iraq Compact, Planning Minister Ali Baban, Robert Kimmitt, Secretary-General Ban Ki-moon, U.N., Vice President Adel Abdul-Mahdi
