MarkZ

[via PDK]  …still hearing from Iraq about large projects financing…budget is still expected to go within the next 2 days to parliament. We are told the new rate and HCL law/agreement is in the new budget.  Question: What is the HCL again? Answer:  MarkZ:  HCL = Hydrocarbon Law and is the way they are going to give citizens and Kurds their share of the oil and gas process. This has been a massive sticking point for this event…along with the restoration of their rates. Things appear to be rolling out nicely right now.