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Topic: Yahia Said

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Energy News // 1 decade ago

U.S. senators want Iraqi oil trust fund

The Bush administration would press the Iraqi government to adopt an oil trust fund for distributing revenue or risk economic assistance under a bill proposed by Sens. Hillary Clinton and John Ensign.

Energy News // 1 decade ago

Congress wants Iraq to repay U.S. expenses

Iraqis would be forced to pay for U.S. efforts in their country directly or via loans from the United States if any of at least five similar pieces of legislation introduced on Capitol Hill this month is approved.

Energy News // 1 decade ago

Analysis: Iraq moves on oil, graft laws

Negotiators are hammering out a new draft Iraq oil law after previous drafts stalled and as Parliament is moving forward two new laws, one reconstituting the state oil company and another cracking down on oil and fuel smuggling.

Energy News // 1 decade ago

Iraq tackling oil smuggling, more to do

Iraq is improving its anti-theft operations guarding oil and fuel from the black market, but an international audit highlights more work to be done.

Energy News // 1 decade ago

Analysis: Iraq a target for U.S. spending

The head of the Senate Armed Services Committee wants U.S. auditors to investigate the Iraqi government's spending on reconstruction as both U.S. and Iraqi funds in the rebuilding effort came under fire on Capitol Hill this week.

Energy News // 1 decade ago

Analysis: Deeper than an oil law in Iraq

Both Iraq’s federal government and the Kurdistan Regional Government are upset by each other’s efforts in reaching a deal on a national oil and gas law and have announced moves to develop the oil sector without it.

Quotes

The Iraqis themselves have been grappling with various options of that in terms of how to manage oil funds beyond investment spending by the Iraqi government
U.S. senators want Iraqi oil trust fund Sep 17, 2008

The reduction or almost elimination of fuel subsidies has by itself led to a significant decline in smuggling and black market activity in fuel
Iraq tackling oil smuggling, more to do Mar 11, 2008

It's difficult to measure how much Iraq needs in terms of hard currency reserves and how much of it is excess cash it could have spent itself
Analysis: Iraq a target for U.S. spending Mar 07, 2008