Istanbul conference recommendations dominate Baghdad press

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Baghdad, 04 November 2007 (Voices of Iraq)
Iraqi newspapers on Sunday focused on the recommendations from the Istanbul-based conference for Iraq's neighboring countries which closed yesterday and sideline meetings between the participants.

In its coverage of the conference, the independent daily al-Mada newspaper published a main report in which it said, "The Istanbul conference concluded with calls for government support, a firmer grip on joint border security and a pledge by Baghdad to take prompt measures against the Kurdistan Workers Party (PKK) and combat terrorism. The conference's final statement
stressed that Iraqi land will not be used as a base to launch terrorist attacks against neighboring countries."

On the sidelines of the conference, Iraqi Prime Minister Nouri al-Maliki explained to U.S. Secretary of State Condoleezza Rice that conditions are now more favorable for the ratification of several draft laws, forwarded by the Iraqi government to the parliament, including the draft laws on oil and gas, and accountability and justice, the newspaper said.

The government-funded al-Sabah newspaper published a main headline that read, 'Istanbul conference: Behind closed doors meetings, encouraging final statement.' According to the newspaper, sideline meetings between heads of the delegations overshadowed the conference. "During his meeting with U.N. Secretary General Ban Ki-moon, al-Maliki stressed the Iraqi armed forces' increased abilities and their readiness to take over security duties in Iraqi provinces and highlighted a major leap in economic growth and a fall in inflation and unemployment rates," the newspaper wrote
Turkish Prime Minister Recep Tayyip Erdogan, during an inaugural speech in the conference, urged neighboring countries to take firm steps against "groups practicing terrorism in Iraq" in reference to the PKK, considered by Turkey as "terrorist" organization.

Erdogan revealed his country's readiness to realize security and stability and bolster national reconciliation in Iraq. "We have to continue re-building Iraq," Erdogan said in his speech with the Iraqi premier sitting next to him.

Baghdad newspaper, issued by former Iraqi Prime Minister Iyad Allawi's al-Wifaq Movement, published the following main headlines: 'Allawi: Iraqis want to remain united,' 'Speaker: Vote on ministers of agriculture, health is void' and 'Government did not clamp down on oil smugglers.'

Al-Bayyina al-Jadida, another independent daily, published an article entitled, 'A certain victory,' by Ghayath Abdul Hamid in which he voiced his optimism about the ability of Iraqi security forces to achieve sweeping victory over al-Qaeda organization and stressed intelligence reports as a main weapon in the fight against al-Qqeda.


http://www.iraqupdates.com/p_articles.php/article/23608

On the move.
2517

2517GEORGE,posted as much information for research.Investors on Advfn piling in buying & topping up this morning.Very slow on the uptake here on MoneyAM.Stand to be corrected if peeps have bought thisAM. I have a feeling Zak Mir's 190p will be beaten.aimvho.


lex1000 - 03 Nov 2007 16:39 - 352 of 363
Bullish noises coming out of Iraq.News is gem of a find.HCL & contractS potential is huge.PET has first advantage as do investors who get in early.Article below in Iraq News and not known wider UK or worldwide press.Penny dropped? Pennies to pounds potential! lol

Watch out buying UK & GSE coming days & weeks.Very close...AIVHO.DYOR.


jecs - 3 Nov\\\'07 - 14:40 - 12477

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Prime Minister Nuri told Al-Maliki and Secretary of State Condoleezza Rice, Saturday, in Istanbul, the atmosphere is now ready for ratification by the Iraqi Parliament on a number of draft laws approved by the government, including a bill of oil, gas and Bill accountability and justice.

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GSE: Bid 150.34p v Offer 157.34p

Breakout confirmed.

Resistance @ 150p but for how long!

Anyone who joined me 60.5p-70p more than doubled up.This is only the beginning.Hold 2-5 years.aimvho.

Fabulous investment even though I say so myself.lol

lex1000---------Yes it is paying off now, but for the many longer term holders amongst us it's been more of a rollercoaster ride, even though we may have bought @ a much lower price than yourself.
I firmly believe that this share has the capacity to register meaningful profits for it's investors. Good luck all
2517

2517GEORGE, everything coming together in 2007.Surprised very little interest on MoneyAM in this once in a lifetime investment.

Waiting for doubters Cynic,Holden & Halifax to turn up. Their loss.

dont worry about cynic............he is always found on dud shares.
I admit to having a couple of sh?t shares and guess who is on it every day........yip, u guessed it....cynic

he doesnt even type info either, just drivel and his stupid opinion.
he also talks about shares as if he's got them and if they go tits up, he says he doesnt have them and sometimes then slags them.

i've no time for people slagging off shares unless they invest or short them.
i cant see the purpose of typing on this unless u r playing the game.

anyway i'm playing petrel's game.

I bought last year but sold for a small loss---too impatient! Back in now and turned blue today--so looking forward to the exciting times ahead.

si--------I reckon everybody including the so called experts have their share of dud co's, I know I have, but I've always believed that as long as I have more winners than losers then I should be making money.

moneyplus-------good luck this time.
2517

guys....I think cynic thrives on looking at the downside of everything posted and on winding us all up
Not defending him but I really dont think he expects us to take him too seriously...and if we do, then we get naffed off and he has achieved his aim
Why else would he call himself cynic.....he aint gonna look on the positive side with a name like that

lex1000 - 23 Aug 2007 13:26 - 121
cynic,in reply to your post 117.

Told you this stock comes with a "WEALTH WARNING". Don't buy any PET,you mustn't cynic, as PET could seriously increase your wealth.

Hopefully others bought like I did 60p-70p.

Too cynical for your own good.LOL

regards

lex ;o)

piston broke-----there is a lot of truth in what you say imo, but cynic also brings a sense of reality and not getting carried away with the euphoria of it all. Long may he keep posting.
2517

Good morning.Yesterday volume 1m+ shares. Break above 150p rise of 25%+ by end of year.More with HCL & contracts. aimvho.

Syria Plans $3 Billion Refinery to Process Iraqi Oil

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05 November 2007 (Bloomberg)
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Syria plans to build a $3 billion oil refinery with a Kuwaiti partner, part of an effort to more than double the country's capacity and process crude oil from neighboring Iraq, Syrian Oil Minister Sufian al-Alao said.

Noor Financial Investment, a Kuwait-based investment firm, will announce on Nov. 5 the creation of a company to build the plant in the eastern Syrian province of Deir Ezzor, the second new Syrian refinery announced in a week. The country wants to reduce imports of oil products such as gasoil, al-Alao said yesterday in an interview in Egypt's Red Sea resort of Sharm El Sheikh.

The new refineries will eventually allow Syria to import, process and export Iraqi crude, offsetting its own declining supply. Iraq's oil exports through Syria, which had contravened United Nations sanctions, stopped in 2003 after the U.S.-led invasion of Iraq.

Noor and Syrian partners will offer shares in the company to the public and to Syrian expatriates, the minister said.

State companies from Venezuela, Iran and Syria and a Malaysian private company announced plans this week to build a refinery near Homs, in central Syria. The $2.6 billion plant, to be completed in four years, will process crude oil from Venezuela, Iran and Syria, al-Alao said.

Middle Eastern nations, including Saudi Arabia, the world's top oil producer, have announced plans to add refining capacity as a global shortage of such plants contributes to surging fuel prices. Crude oil reached a record $94.46 a barrel yesterday in New York.

New Refineries, Upgrades

The two new Syrian refineries will each have a capacity of about 140,000 barrels a day, he said. Syria's refining capacity now stands at 220,000 barrels a day, split about equally between a plant in Homs, and another in the port city of Banias. The government has also allocated $1 billion to upgrade the Banias refinery, al-Alao said.

Syria's crude production will fall to 360,000 barrels a day next year from 380,000 barrels a day this year, al-Alao predicted. Syrian oil production peaked at 600,000 barrels a day in 1996, according to BP Plc's Statistical Review of World Energy.

Syria is now importing about 60,000 to 70,000 barrels a day of gasoil, a fuel used for heating and transportation that accounts for half its consumption of refined products.

The government yesterday began implementing a decision to reduce subsidies on gasoline in an effort to cut government spending costs and curb smuggling to neighboring countries, the state-run newspaper Ath-Thawra reported. Fuel subsidies cost the government 350 billion Syrian pounds ($6.8 billion), or 65 percent of its budget, the newspaper said.

On line 150.65p v 152p

Break above 149p.Very positive.Bullish rise.Comfortable steady rise to 170p.Target is higher.

Al Maliki declares victory over terrorism

Tuesday, November 06, 2007 09:22 GMT

Prime Minister Nuri Al Maliki declared victory over terrorism and armed groups in a rare tour he conducted in Baghdad. Al Maliki met in Abu Nuwas Street with Iraq soccer players, confirming that life is returning to normal in Iraqi streets.
On the other hand, a number of politicians have criticized promises taken by Prime Minister Al Maliki when meeting with US Secretary of State Condoleeza Rice in Istanbul vowing to ratify important laws in Parliament. On this point, the politicians explained that laws ratification goes to the legislative authority.