http://www.iraqoilreport.com/politics/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6-92/?utm_source=rss&utm_medium=rss&utm_campaign=us-audit-can%25e2%2580%2599t-determine-how-much-iraq-ministries-spent-on-capital-projects-%25e2%2580%25a6 The Source to Iraq, Its People and Its Oil Fri, 27 Jan 2012 20:18:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.iraqoilreport.com/politics/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6-92/#comment-7199 Iraq and Iran meet in Tehran this week to discuss first Gulf War leftovers, including oil, border disputes and mines… at Iraq Oil Report Mon, 16 Mar 2009 01:25:00 +0000 http://iraqoilreport.com/2008/01/18/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6/#comment-7199 [...] While a sizeable chunk will be dedicated for the needed capital repairs and building, past experience shows only a fraction of it will actually be spent, as Ben Lando reported for UPI and Iraq Oil Report published last month. [...] [...] While a sizeable chunk will be dedicated for the needed capital repairs and building, past experience shows only a fraction of it will actually be spent, as Ben Lando reported for UPI and Iraq Oil Report published last month. [...]

]]> http://www.iraqoilreport.com/politics/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6-92/#comment-7197 Iraq’s Oil Ministry is getting ever closer to the first post-Iraq war oil deals… at Iraq Oil Report Mon, 16 Mar 2009 01:23:15 +0000 http://iraqoilreport.com/2008/01/18/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6/#comment-7197 [...] Iraq progress in its oil sector is being predicted for next year, as high oil prices and recent success spark hope, Martin Fletcher and Robin Pagnamenta report for The Times of London. But increased Iraqi oil revenues stemming from high prices and improved security are piling up in the Federal Reserve Bank of New York rather than being spent on needed reconstruction projects, Sharon Behn reports for The Washington Times. For more details on the inability of the United States to assess Iraq’s ability to spend its capital budget, read Ben Lando’s report for UPI. [...] [...] Iraq progress in its oil sector is being predicted for next year, as high oil prices and recent success spark hope, Martin Fletcher and Robin Pagnamenta report for The Times of London. But increased Iraqi oil revenues stemming from high prices and improved security are piling up in the Federal Reserve Bank of New York rather than being spent on needed reconstruction projects, Sharon Behn reports for The Washington Times. For more details on the inability of the United States to assess Iraq’s ability to spend its capital budget, read Ben Lando’s report for UPI. [...]

]]> http://www.iraqoilreport.com/politics/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6-92/#comment-7195 Iraq intent on boosting oil production by 17 percent; security and investment still uncertain … at Iraq Oil Report Mon, 16 Mar 2009 01:21:43 +0000 http://iraqoilreport.com/2008/01/18/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6/#comment-7195 [...] Iraq averaged 2.3 million barrels per day last month, though production decreased last week, and Shahristani pegged 2008 to reach between 2.6 million and 2.7 million bpd. To do so, Iraq will need to increase and maintain security, particularly in its northern oil sector. It would also need to follow through and actualize needed repairs and investment in the oil sectors nationwide, though capital improvements have not been a strong suit of the Oil Ministry. [...] [...] Iraq averaged 2.3 million barrels per day last month, though production decreased last week, and Shahristani pegged 2008 to reach between 2.6 million and 2.7 million bpd. To do so, Iraq will need to increase and maintain security, particularly in its northern oil sector. It would also need to follow through and actualize needed repairs and investment in the oil sectors nationwide, though capital improvements have not been a strong suit of the Oil Ministry. [...]

]]> http://www.iraqoilreport.com/politics/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6-92/#comment-6300 Iraq income up five years after war as oil production slowly increases, fetching more with high oil prices… at Iraq Oil Report Fri, 27 Feb 2009 01:57:43 +0000 http://iraqoilreport.com/2008/01/18/us-audit-can%e2%80%99t-determine-how-much-iraq-ministries-spent-on-capital-projects-%e2%80%a6/#comment-6300 [...] of the budget will be for capital investment, billions for the Ministries of Oil and Electricity, but there are serious questions as to the government’s capacity to spend the money, and the U.S. government’s ability to account for it. Also delayed, speaker Mahmoud al-Mashhadani [...] [...] of the budget will be for capital investment, billions for the Ministries of Oil and Electricity, but there are serious questions as to the government’s capacity to spend the money, and the U.S. government’s ability to account for it. Also delayed, speaker Mahmoud al-Mashhadani [...]

]]>