Monday, March 31, 2025
Iraq is accelerating its efforts to wean itself off Iranian gas. What are the immediate alternatives? , 31 MARCH
Iraq is accelerating its efforts to wean itself off Iranian gas. What are the immediate alternatives?
Member of the Parliamentary Electricity and Energy Committee, Hatem Al-Saadi, confirmed on Sunday that the government has begun to look for alternatives to Iranian gas to power power plants, especially with the approaching summer season and increased energy demand. He also pointed to a number of alternatives to compensate for Iranian gas, which is under US sanctions.
Al-Saadi said, "The move toward clean energy has become a foregone conclusion, especially after the imposition of US sanctions on the Islamic Republic of Iran and the resulting damage to Iraq. The Iraqi government had to find alternatives to Iranian gas, which will lead to a significant shortage in electricity supply next summer."
Al-Saadi added, "Solutions must be immediate and swift. There are gas imports from abroad, offshore platforms after construction, and oil pipelines being constructed by the Oil Projects Company from the ports to the power plants in Basra Governorate."
Al-Saadi continued, "The government has begun to move toward renewable energy and existing waste, especially since a number of investment companies are interested in generating electricity by establishing stations after incinerating existing waste in Iraq." He noted that "there is a directive from the Ministry of Electricity to all governorates to provide plots of land for this purpose."
The parliamentary energy member continued, "Electricity is a crucial element, and the government has taken proactive steps to minimize the damage caused by the Iranian gas cutoff. If there is a shortage of electricity, we could witness demonstrations due to the deterioration of electricity services over the past 20 years, due to the rampant corruption of successive governments, without any deterrent to all these corrupt individuals."
Al-Saadi pointed out that "gas imports will currently be from Qatar and the Sultanate of Oman, which are the closest and best options, given their proximity to the Arabian Gulf." link
TIDBIT FROM BRUCE, 31 MARCH
Bruce
Bond Holder Paymasters were saying Bond Holders would have access to their accounts over the weekend.
As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon.
The full revaluation will happen after Tues. 1 April 2025. The month of April will see an increase in Social Security payments. On Thurs. 27 March the 800 number was being loaded into the various systems.
General Manager of Rafidain: The bank is at the beginning of a new, more influential phase in the Iraqi financial scene, 31 MARCH
The Director General of Rafidain Bank, Ali Al-Fatlawi, announced that “the bank is at the beginning of a new, more advanced and influential phase in the Iraqi financial scene.”
Al-Fatlawi said in a press statement that “the bank has witnessed a qualitative transformation in recent years to become one of the pillars of the modern Iraqi banking sector.”
“We have contracted with the American University in Baghdad to implement advanced programs in banking management, financial risk and compliance,” he explained, pointing to “the adoption of advanced systems to combat money laundering and terrorist financing, including the GoAML system supported by the United Nations.”
“We launched a team specialized in developing banking initiatives and contributed to the settlement of electronic payment revenues for most state departments,” Al-Fatlawi continued.
He added, “We have launched electronic payment services that have facilitated employees and retirees to receive their dues easily, and we aspire to make Rafidain Bank a model of banking leadership in Iraq and the region.”
FIREFLY : Why do all this auditing at 1310? They never did before, once, 31 MARCH
Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Why do all this auditing at 1310? They never did before, once.
FRANK: Again, another clue that we have a new exchange rate...If it was at 1310 it would not have required an audit.
FIREFLY:They're talking about oil revenues to the citizens.
They have not talked to us about our oil in quite a while. In fact, what they're talking about has not been brought to us since 2018 when they said we have a special card just for this. Now all of a sudden we are now hearing this again today.
FRANK: Those cards are basically HCL cards. If they're talking to them about it? There's so many things pointing in one direction.
FIREFlY: This is obviously the HCL coming to us because of a new exchange rate soon. FRANK: IMO this is the preparation for the HCL that is about to be given to you because of that new exchange rate.
FRANCIS: " Iraq-KRG unity is a prerequisite for rate reform U.S. involvement = global alignment check" , 18 APRIL
Francis What they're not saying directly, but signaling: Iraq-KRG unity is a prerequisite for rate reform U.S. involvement = global alig...
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