Tuesday, April 9, 2024

Baghdad set to reopen own pipeline as Kurdish talks stall, 9 APRIL

Baghdad set to reopen own pipeline as Kurdish talks stall

Baghdad is fixing a pipeline that could permit it to send 350,000 barrels each day (bpd) to Turkiye before the month’s over, an Iraqi delegate oil serve said on Monday, a stage prone to provoke oil unfamiliar organizations and the Kurdistan Territorial Government (KRG).

The returning of the Kirkuk-Ceyhan pipeline, which has been closed for 10 years, would give an opponent course to a pipeline from the Kurdistan locale that has been closed for a year as talks among Baghdad and the KRG on continuing commodities have slowed down.

Baghdad considers creation dividing arrangements among the Kurds and unfamiliar organizations utilizing the KRG’s pipeline unlawful.

The central government in Baghdad will require oil organizations to haggle with it to sell their oil by means of the resuscitated pipeline to Turkiye, possibly rankling the Kurds who depend on as a rule on oil income.

Sends out through the 960 km pipeline were ended in 2014 after rehashed assaults by Islamic State assailants. It once dealt with around 0.5% of worldwide stockpile.

“Fix works are progressing and a significant unrefined siphoning station with storage spaces has been finished. The pipeline is probably going to be functional and prepared to restart streams before the current month’s over,” Basim Mohammed, Iraqi delegate oil serve for upstream undertakings, told Reuters.

Fixing harmed areas inside Iraq and finishing one fundamental siphoning station will be the main phase of activities to take the pipeline back to full limit, he said.

The KRG’s pipeline was ended on Walk 25, 2023, after an intervention court governed it disregarded arrangements of a 1973 deal by working with oil trades from the semi-independent Kurdish locale without Baghdad’s assent.

Talks to restart it have floundered as Turkey, the KRG and the national government have set clashing expectations.

Two Iraqi oil authorities and an administration energy consultant, talking on state of obscurity, said Baghdad had dismissed a Kurdish interest that the national government pay a $6 per barrel travel expense to Russian oil firm Rosneft, what mostly claims the pipeline.

“Iraqi oil service authorities told the Kurdish arranging group they think about the understanding among KRG and Rosneft unlawful and an infringement of substantial Iraqi regulations,” said Kurdistan locale based energy counsel Bahjat Ahmed who was informed about the discussions.

A KRG representative didn’t answer to demands for input.

In spite of pressures between the Kurds and Baghdad, the different sides need one another. Kurdish gatherings have assisted Iraqi lawmakers with coming to power and Baghdad has added to the pay rates of Kurdish government employees and contenders.

KRG sends out move through a KRG pipeline to Fish-Khabur on the northern Iraqi boundary, where the oil enters Turkey and is siphoned to the port of Ceyhan on the Mediterranean coast.

Three sources from the state-run North Oil Organization (NOC) said rough test siphoning began early last week to really take a look at the pieces of the pipeline that run inside Iraqi regions and tracked down spillage in certain fragments.

Iraqi specialized NOC teams have speeded up fix tasks to fix the harmed segments that run from Kirkuk through the regions of Salahuddin and Mosul to the boundary region with Turkiye.

The two Iraqi oil authorities and an administration energy guide said the understanding among Baghdad and Ankara on the Iraq-Turkiye oil pipeline (ITP) tasks was stretched out in 2010 for a long time and will lapse in mid-2025.

The resumption of tasks at the old pipeline will be examined as a component of converses with expand the (ITP) understanding, the public authority energy consultant said.

"ABOUT THE EXCHANGE CURRENCY PROCESS" PART.4, BY TEXAS SNAKE, 9 APRIL

TEXAS SNAKE

Texas Snake, [03/16/2024, 1:58:49 p. m.]:


One of the last things I would recommend is to open a trading account with a member firm of your choice of the NYSE, Merrill Lynch, Shearson Leman Brothers, A G Edwards, Edward Jones, etc and look into No Load Money Market Mutual Funds through Colonial, Kemper, Zurich, and many many more. 


The purpose of this is to have a number of no load cash accounts, each insured up to $500,000.00 to move your funds out of the QFS account you will have opened at your appointment and get your funds out of the bank's control and possession.


The QFS is separate but if you don;t open other accounts you can only go back to the bank.  Money Market funds provde tou with a checking account as well as debit cards

Iraqi DinaršŸ”„Today It's A Good Step For Iraq Dealing With Lower Notes 202...

Iraq sends 10 million liters of fuel to Gaza, 9 APRIL

Iraq sends 10 million liters of fuel to Gaza

The Iraqi Top state leader, Mohammed Shia Al-Sudani, said that the bureau settled on Sunday to send ten million liters of fuel to the Gaza Strip on the side of the Palestinian public.

Al-Sudani included a proclamation that Iraq has likewise dedicated to getting harmed Palestinians from Gaza and treating them in both public and confidential emergency clinics.

The fuel deficiency deadened medical clinics, water organizations, pastry kitchens, and help tasks in the Gaza Strip.

In the Gaza Strip, the absence of fuel made pastry kitchens, medical clinics, water frameworks, and help tasks inoperable.

As per Israeli measurements, the conflict in Gaza began on October 7, when Hamas, the gathering that administers the Strip, dispatched aggressors to Israel. From that point forward, 1,200 individuals have been killed, most of them regular people, and 253 have been taken into imprisonment.As per Palestinian wellbeing authorities, since that day, the Israeli military activity in Gaza has brought about something like 33,175 Palestinian passings and 75,886 wounds.

"RV UPDATE" BY FRANK26 , 9 APRIL

 Frank26 

  Question: "How long do you think we'll have to exchange IYO? I don't know.  Normally they give you anywhere from 6 months to about a year.

  When you hold up the new lower notes you will not be able to see all the safety features, not even with a black light.   This currency is so far advanced you cannot counterfeit it because you don't even know what's in it. 

 Question "I lost my receipt, is that going to be a problem?" 

  ;Yeah that's a problem when you get  audited but that's the only time it's a problem.  When you get audited they're gong to ask you when did you buy that and if you've held your dinar for one year and have proof of a receipt you'll probably be in the 20% but if you have held it for one year and you don't have a receipt you'll probably be in the 40%.  I'd rather pay $200,000 on a million than $400,000.  You lost your receipt?   Call the person you bought it from to see if their records have it...Did you write a check?  Got to your bank and ask...please look  up my check statement on this date on this month on that year..

Iraqi Dinar | World Bank And IMF Announced IQD New exchange Rate | Iraqi...

The Kurdistan Region will be closed tomorrow on the anniversary of the liberation of Iraq, April 9

 The Kurdistan Region will be closed tomorrow on the anniversary of the liberation of Iraq, April 9

4/8/2024

The Kurdistan Regional Government announced the suspension of official working hours tomorrow, Tuesday, on the occasion of the anniversary of the “fall of the Baath regime” in 2003.

The Regional Government's Media and Information Department said in a statement, "Tomorrow, Tuesday, is a holiday in all government institutions on the occasion of the anniversary of April 9." 

He added, "On April 9, 2003, the Baath regime fell and Iraq was liberated."  LINK

TIDBIT FROM FRANK26, 24 NOV

    Frank26      Question:  " Will the rate change prior to [December] 31st IYO? "    It is my hope, it is my desire but if you sh...