Revival of Kirkuk-Kurdistan Oil Pipeline: A Boost to Iraqi Oil Exports, 5 OCT

 Revival of Kirkuk-Kurdistan Oil Pipeline: A Boost to Iraqi Oil Exports, 5 OCT

The oil pipeline connecting the Kurdistan Region and Kirkuk is now fully operational, announced Turkish Energy Minister, Alparslan Bayraktar. This development signals Turkey’s readiness to recommence oil shipments, marking a significant milestone in the global oil industry.

Origins of the Dispute

The dispute over independent Kurdish oil exports has been a contentious issue between Ankara and Baghdad for nearly a decade. A 2014 agreement between Ankara and Erbil allowed oil pumped in landlocked Iraqi Kurdistan to be independently sold via Turkey’s Mediterranean port of Ceyhan. This move was met with resistance from Iraq, which argued that Turkey had violated a 1973 pipeline agreement by enabling oil exports from Iraqi Kurdistan without its consent. The disagreement led Iraq to file an arbitration case with the International Chamber of Commerce (ICC).

Further tensions arose when Kurdish supporters clashed with protesters following the evacuation of the Iraqi military’s Joint Operations Command headquarters in Kirkuk. The fallout resulted in heightened security interventions, a citywide curfew, and four tragic deaths. The decision to evacuate the headquarters was part of a broader political bargain to secure the backing of the Kurdish Regional Government (KRG) for a government under Mohammed Shia al Sudani in Baghdad.

Kirkuk: A Key Player in Energy Security

The Kirkuk-Ceyhan oil pipeline, which stretches between Iraq and Turkey, symbolizes the significant partnership between the two nations. However, control and revenue distribution from this pipeline have been contentious, especially during periods when the KRG has attempted to bypass Baghdad and export oil directly to Turkey. These actions have been perceived by the Iraqi central government as breaches of its sovereignty, leading to political disputes.

Ankara-Erbil Bond: Overlapping Interests in Kirkuk

Since 2014, the central government in Baghdad has consistently maintained that Iraqi Kurds have been exporting Iraqi oil through Turkey, a transaction carried out without the requisite approvals from the central authorities. This issue was escalated to an international forum, where the Paris-based International Chamber of Commerce ultimately ruled in favor of Baghdad, imposing a significant penalty of $1.5 billion on Turkey. In retaliation, Turkey halted the transport of approximately 400,000 barrels per day of Kurdish crude oil, along with an additional 75,000 barrels per day originating from the Kirkuk fields.

Resumption of Oil Pipeline Operations

Turkish Energy Minister Alparslan Bayraktar recently announced the reoperation of the oil pipeline, signaling Turkey’s readiness to recommence oil shipments. Amid ongoing financial pressures on both Baghdad and the Kurdistan Region, the resumption of the pipeline operation represents a significant breakthrough in the global oil industry and a vital step towards enhancing the flow of Iraqi oil to international markets.

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 5 OCT

 Frank26 (KTFA)

Now they will only use the auctions for the GOI to run its businesses from now on making it very difficult for Iran to steal dinars through the auctions because that’s where they used to steal the dollar through the auctions but there are no more dollars and that’s why your security and stability is so strong right now.

  That’s why we believe your article VIII and the whole world is pouring in right now because they know that.

[Iraq boots-on-the-ground report]

FIREFLY: They’re saying in two weeks it will be the first step of the electronic transformation.  

FRANK:  That would be the digital electronic international transformation. {Mic drop}

Baghdad Currency Exchange Businesses Protest Against Sanctions, 5 OCT

 Baghdad Currency Exchange Businesses Protest Against Sanctions, 5 OCT

In a recent turn of events, dozens of currency exchange business owners took to the streets in Baghdad to make their voices heard. The protest occurred in front of the Central Bank on Rashid Street and was largely driven by the lifting of sanctions imposed on their businesses due to financial transactions that were deemed to have violated the law. An estimated 80 individuals participated in the protest, demanding that the bank’s management revoke the administrative and financial sanctions that have been placed on their businesses.

Iraq’s Push to Curb Financial Crimes

As of January 1, 2024, Iraq has plans to halt cash withdrawals and transactions in U.S dollars. This decision follows a series of measures intended to curb the misuse of hard currency reserves in financial crimes, and to prevent the evasion of U.S. sanctions on Iran. Mazen Ahmed, director-general of investment and remittances at the Iraqi central bank (CBI), stated that this move is aimed at stamping out the illicit use of approximately 50% of the $10 billion that Iraq imports in cash from the New York Federal Reserve each year.

In addition to this, the initiative is part of a broader effort to de-dollarize an economy that has seen the greenback preferred over local notes by a population weary of recurring wars and crises following the 2003 U.S. invasion. People who deposit dollars into banks before the end of 2023 will continue to be able to withdraw funds in dollars in 2024, but dollars deposited in 2024 could only be withdrawn in local currency at the official rate of 1,320.

Further Measures to Address Misuse

The CBI has already set up a platform to regulate wire transfers that make up the bulk of its dollar demand. This platform was established in conjunction with authorities in the U.S., where Iraq’s $120 billion in reserves from oil sales are held. Ahmed stated that this system was now almost airtight, providing dollars at the official rate to those engaged in legitimate trade such as imports of food and consumer goods. However, cash withdrawals continued to be misused, including by would-be travellers receiving a state quota of $3000 who found ways to game the system.

The Impact on Iraq’s Economy

Many local banks have already been limiting dollar cash withdrawals in recent months, contributing to a shortage that has seen the parallel market exchange rate continue to rise. The CBI expects the dinar to lose more value as the new measures are implemented, but it views this as an acceptable side-effect of formalising the financial system. Amid all these changes, signs have emerged that the CBI’s plans will not be met with open arms. Footage circulated on social media recently showed a depositor at a Baghdad bank threatening to burn it down if he did not receive his deposit in cash dollars, a scene reminiscent of steps depositors have taken amidst Lebanon’s banking crisis.

"APPOINTMENTS" BY WOLVERINE, 5 OCT

 Appointments, Wolverine:

• Tier 1 banks will send out notification emails containing a Secure Web link. The Website will confirm that you are you and then give you a number to call the Call Center for an appointment. A confirmation code will be given to you when you call the Call Center.
• At 1:30 pm EST requests were sent to T4A/B to begin including notifications.This afternoon they finished sending USN/USTN bills to the banks (necessary to start).
• Judy Note: As of Wed. 4 Oct. evening, to my knowledge no emails had been received to begin the process of obtaining an appointment.
• UST, DoD and Trump know they are on a tight schedule with the World Court ordering T4b notification emails and T4 liquidity payments.
• Fleeting interference has come from Deep State politicians, bureaucrats and some bankers trying to delay emails.
• Interpol and national police/Spec Ops are making arrests, while the DoD and UST continue to push for us to get started.
• Confirmed that anti-RV filibusters by (mostly Democratic) Deep State politicians and bureaucrats (including Mnuchin) have been neutralized and that arrests of 2,200 or more filibusters are underway in the United States and four other countries.
• For security reasons, our military contact could not discuss the specific timing of our T4B notifications and access to 100% liquidity in T4 group accounts and SKR accounts because they both arrive at approximately the same time;
• Confirmed that MONDAY was the day that funds started moving and being accessed at lower tier levels and to start releasing payments for T4 and SKR groups into our T4B notifications anytime Monday to Tuesday.
• Confirmed that rates were updated on Friday morning, rates were locked and the risk management release algorithm had been running since Friday morning.
• Confirmed that the rates will be updated from Sunday to Monday night, so IF T4 (4A and us in 4B) will not launch successfully (based on the progress and launch algorithm) today, so they will use the update of Sun night rate for Our T4B starts from Monday to Tuesday.
• He told us to CELEBRATE that the shotgun has already begun to be finished. Shotgun startup is completing now.
• Keep an eye out for notifications.
• Security is very tight at your appointment, and one of the reasons they want us in and out of appointments within 20 minutes.
• There is a three day cancellation period where you can change your mind if you don’t agree with the rates and terms of your initial redemption commitment. In those three days you can request different rates and terms (will be clarified in that consultation).
• BY JUDY
  

"ZIM REDEMPTION" BY WOLVERINE, 5 OCT

 Zim Redemption, Wolverine:

• Zim Note Redemption was rumored to be $.11 cents per Zim.
• 80% of your Zim payout goes to a structured payout annuity investment in humanitarian projects, with an annual interest payment on that 80%.
• 20% of your Zim payout was for personal use.
• Example: (If Zim redemption is $.03 on a 100T Zim Note = $600 Billion for personal use).
• Example: (If Zim redemption is $.50 for Humanitarian Projects, a 100T Zim Note would equal $10 Trillion for the project).
• Judy Note: I didn’t understand any of the following by Wolverine, but am putting it in as given: “In the first 90 days we will get up to 20% of the personal 20 part of the 80/20 split of the ZIM product, so 20% of the personal part 20 at 3 cents on a ZIM 100T note would be equivalent at $120 billion. At a rate of 50 cents, 20% of the personal portion 20 would be $2 trillion, at a rate of 1:1, 20% of the personal portion 20 would be $4 trillion
• At the time of exchange 1% of your redemption will be put on a debit card. The other 99% will be managed by a trust company (Abbott Downing or equivalent) that works with you and for you. The standard trust company is the Abbott Downing Trust Company. You have 90 days to switch to another trust company if you don’t like their service.

Tues. 3 Oct. Wolverine, GCR/RV Update meeting 

• The 3 countries that disconnected from QFS that night and reconnected: All countries are ready to go.

• Security is very tight – this is one of the reasons they want us in and out of rescue appointments within 20 minutes.

• The Admiral converted payments from 20 of the top tier T4A groups (out of 356 4A groups) from USD fiat to gold – USN/USTN with the support needed to start the T4 groups (4A and 4B).

• The World Court ordered the return of evidence last night at midnight EST that they were beginning the liberation of RV/GCR and the World Court returned with a signed document around midnight EST.

• The tent tactic to get low ZIM rates didn’t work: it was removed (he refused to say more about this).

• Since we can get higher rates of 11 cents 1:1 ZIM on repayment, he said the bankers will ask us to put 80% of our funds into a structured payout annuity investment (Level 3) under which the bank invest in humanitarian projects and pay ZIM an annual interest payment on that 80%; said they would tell us that 20% of the ZIM payment is for our personal use; He said the personal 20% of up to 3 cents on a ZIM 100T note would be $600 billion, at a rate of 50 cents for projects, the personal 20% would be $10 trillion, at a 1:1 ratio.

• He said yes, in the first 90 days we will get up to 20% of the personal 20 part of the 80/20 split of the ZIM product, so 20% of the personal part 20 at 3 cents on a ZIM 100T note would be equivalent at $120. billion, at a rate of 50 cents, 20% of the personal portion 20 would be $2 trillion, at a rate of 1:1, 20% of the personal portion 20 would be $4 trillion

• Confirmed that 1% will be on the debit/credit card at the time of exchange – redemption, 99% will be managed by a trust company (Abbott Downing or equivalent) that works with you and for you.

• Your information is that Tier 1 banks send notification emails containing a Secure Web link and a confirmation code that we will give you when we call the call centers (you said it would be clear when we receive the email notifications).

• You are confirming the lack of federal tax information.

• Said there is a 3 day cancellation period where we can return after agreeing to the rates and terms in the initial redemption commitment and if we change our mind we can request different rates and terms (will be clarified in that consultation).

• Standard Abbott Downing Trust Company, 90 days to switch to another trust company if you don’t like the service.

• Rodriguez Trust will administer “universal basic income” for citizens of all GESARA-compliant countries: the amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can. Help supplement other recipes as needed. He said we need to help our friends and family understand that this will happen in the next 3 to 6 months.

• Confirmed that if funds are not released by midnight EST, Interpol will intervene to make arrests. . . and will cause federal authorities and SOPs to also make arrests; this HAS to happen and the World Court’s orders are a blessing in disguise.

• Confirmed that all major pools expect liquidity release to begin at midnight EST, but also confirmed information from their Hong Kong Prime Minister in Zurich that liquidity release is expected to begin between now (10am EST) and midnight EST onwards overnight.

• Said that at 1:30 pm EST requests were sent to T4A/B to begin including notifications; Their information is that this afternoon they finished sending USN/USTN bills to the banks (necessary to start)

• And he said UST, DoD and Trump know they are on a tight schedule with the World Court ordering T4b notification emails and T4 liquidity payments;

• He said they are now advancing like an icebreaker against obstructionist obstacles, such as breaking up chunks of ice in the Arctic Circle, while fleeting interference comes from Deep State politicians, bureaucrats and some bankers trying to delay emails;

• He said now Interpol and national police/Spec Ops are making arrests, while the DoD and UST continue to push for us to get started;

• He said to keep an eye on notifications.

• He responded that he agrees with the Regina Hochmuth information you submitted and we sent him a message.

by JUDY

IRAQ CENTRAL BANK - IRAQ DINAR - DE-DOLLARIZATION - INTERNATIONAL BY MILITIAMAN

"RV UPDATE" BY POMPEYPETER , CLARE & SAMSON, 5 OCT

 PompeyPeter 

 Iraq has to be Article VIII to ascend to the WTO...Are they going to say they're Article VIII at 1300? 

 No they're not.  Absolutely not.  Theoretically/technically they could but they're not

...How do we know they're not? 

  They'll implode.  They cannot do all the things listed on the budget.  Why would you go at 1300 to 1 when you could go 1 to 4? 

Clare 

 Article:  "Al-Sudani congratulated him on the National Day: Iraq will remain a pillar of stability, security and prosperity in the world" 

 Quote:  "In February of 2008, it was decided to make October 3 a national holiday, and that decision was not effective until September 2020 after the Iraqi government issued a law related to the national holiday."

Samson  

 Article:  "The Finance Committee criticizes the delay in budget implementation and promises to host the Ministers of Planning and Finance"