Iraqi-Turkish pipeline fully restored, ensuring uninterrupted oil flow, 14 MARCH

Iraqi-Turkish pipeline fully restored, ensuring uninterrupted oil flow

Shafaq News/ A source in the North Oil Company, owned by the Iraqi government, revealed on Wednesday that the process of repairing the Iraqi-Turkish line has been completed by 100% while indicating that the pumping operations depend on government instructions related to resuming exports from the Kirkuk fields to the port of Ceyhan.

The source said, "The North Oil Company completed the process of repairing the Iraqi-Turkish line after ISIS members sabotaged it. The work included repairing the damaged parts, specifically between the governorates of Kirkuk, Saladin, and Nineveh."

He pointed out that "the North Oil Company worked over the past months to replace the damaged parts by the Oil Lines Department, which contributed to the work and completed the complete repair of the pipeline, and it is now ready to transfer any quantity determined by the Iraqi Oil Ministry to resume the export of crude oil from the Kirkuk fields to the Turkish port of Ceyhan."

"The current production of the North Oil Company amounts to 350 thousand barrels per day, of which 10 thousand barrels are allocated for export to Jordan and up to 100 thousand barrels for local filtering and refining units in the refineries, and some private refineries in Erbil and Al-Sulaymaniyah are also being equipped with quantities specified by the Ministry of Oil for refining and producing gasoline and other petroleum derivatives."

The source at the North Oil Company confirmed, "The operation of electrical power to the station through the mobile station, as well as the trial operation of the main electric motors, in addition to delivering electricity to the station sites."

https://shafaq.com/en/Economy/Iraqi-Turkish-pipeline-fully-restored-ensuring-uninterrupted-oil-flow

"RV UPDATE" BY MNT GOAT, 14 MARCH

  Mnt Goat 

This Saturday I had my normal call to my CBI contact in Iraq and was told they too are waiting for the signal to go ahead with the Project to Delete the Zeros. This is the next step. Everything from the Iraqi side has been cleared but the US Treasury has not yet given their assurance of the reinstatement once the process moves to the next step . 

The CBI now wants this in writing and a formal document stating the approvals. They are waiting for this to come.  ...we know that what has been accomplished in the de-dollarization process is hard to undo at that point...So, there is no turning back and they must move ahead.

🔥 Iraqi Dinar 🔥 Dinar Hits $4 and Dong also to $2!" 🔥 Guru Intel News Ex...

Romanowski: Negotiations focus on U.S. military presence in Iraq And she declares a “tremendous achievement”, 14 MARCH

Romanowski: Negotiations focus on U.S. military presence in Iraq And she declares a “tremendous achievement”

The US Ambassador to Iraq, Alina Romanowski, confirmed that her country is “committed to the security, stability and sovereignty of Iraq.”

“️U.S. and Iraqi leaders are conducting negotiations on the transition of the international coalition and specifically the U.S. military presence,” Romanowski said in an article.
“We want the Iraqi security forces to have the necessary capabilities to confront future threats,” she added.
“We need economic, cultural, educational and popular relations that build a stable, secure, sovereign, prosperous and connected modern Iraq,” she continued, stressing that “the United States remains the largest donor and supporter of Iraq.”

“Our embassy in Baghdad and our consulate general in Erbil issue thousands of visas annually to support the travel of Iraqis, reunite them with their families, enroll in universities, conduct research, establish business relations and receive medical treatment,” Romanowski said .

She stressed that Washington’s support “the Central Bank of Iraq in increasing the number of commercial banking correspondence relations for Iraq, which is a huge achievement for Iraq in normalizing global trade relations and conducting its trade safely using the US dollar.”
“️We are building bridges between the people of the United States and Iraq that will last for many generations,” she stressed.

https://alforatnews.iq/news/رومانوسكي-المفاوضات-تركز-على-الوجود-العسكري-الأمريكي-بالعراق-وتعلن-انجازا-هائلا

"RV UPDATE" BY MARKZ, 14 MARCH

 MarkZ 

  [via PDK]  

Comment: ...I am starting to think this is all bullcrap…please talk me off the cliff.   MarkZ:   Were you paying attention yesterday morning?   Did you see the article yesterday where they are “OPENLY” talking about changing the rate

 [Reference MarkZ posts 1 & 2, 3-11-24, below]

  …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….

  [Reference MarkZ posts 1 & 2, 3-11-24, below] 

 If Iraqs rate comes out at .76…Wonder what VND rate will be?  MarkZ:  ...that could mean...dong at .36 - .40 cents…we always thought the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar…and closer to $2 on the dong...

Iraqi Dinar🔥 $4.25 Floating Rate Of Iraqi Dinar Today 2024🔥Iraqi dinar n...

Finance supplements data on 2024 budget tables, 14 MARCH

 Finance supplements data on 2024 budget tables

Mawazine News – Baghdad
Finance Minister Taif Sami announced on Wednesday the completion of the data on the 2024 budget tables and sent to the Council of Ministers.
The Media Department of the House of Representatives said in a statement received by Mawazine News, “the financial committee headed by Atwan Al-Atwani and the presence of its members and a number of other parliamentary committees hosted the Minister of Finance Taif Sami, Director General of the Customs Authority and the Director General of the General Authority for Taxes; to discuss the automation of the financial system for taxes and customs fees.”

The statement added that “the head of the committee at the beginning of the hosting welcomed the guests, stressing the need to speed up the automation of the financial system,” pointing out that “the committee supports the trend towards its implementation and working to maximize non-oil revenues in coordination with the executive authorities in order to diversify revenues.”

The statement continued, “The committee discussed the financial and banking system and emphasized the automation of the system and the exchange of data between the Customs Authority and other institutions, in addition to the procedures and formula followed in data auditing and electronic payment (pos), as well as discussing the tax exemption file, as the committee requested that it be provided with the tables for tax exemptions.”
The statement continued, “The members’ interventions focused on the extent of implementation of the provisions of the federal budget and revenues and final accounts, as well as the need to apply the texts contained in the budget with regard to collection and taxes, with the importance of knowing the customs duties realized and expected revenues, in addition to the mechanism of depositing and the intersection of employee data.”

According to the statement, the committee stressed “the need to expedite the sending of schedules of the Federal Budget Law for 2024; in order to read and vote on them within the House of Representatives.”
For her part, the Minister of Finance explained “the completion of data related to the 2024 schedules and the inclusion of texts and their sending them to the Council of Ministers, while explaining the mechanism of the ministry’s work.”

Regarding the automation of the system, the Director General of the General Authority of Customs, Hassan Al-Okaili, explained – according to the statement – “to start working in the electronic system with a focus on the most revenue centers in order to provide the budget and maximize resources, while the Director General of the Tax Authority touched on the tax revenues and percentages received from collection, in addition to the problems and obstacles facing the authority.”

The statement concluded, “The Chairman of the Committee, Atwan Al-Atwani, confirmed holding other meetings and meetings in order to study the file in detail to come up with unified results,” adding, “The committee takes the matter on its own shoulders, follow up the work and submit a report on it, as it is one of the basic revenues in the provision of the general budget.”

https://www.mawazin.net/Details.aspx?jimare=243809