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Iraq's PM: Iraq increases gas utilization, aims for zero gas flaring by 2028, 8 JUNE

Iraq's PM: Iraq increases gas utilization, aims for zero gas flaring by 2028

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani announced on Saturday that Iraq's utilization of associated gas has increased to over 60%, with a goal to achieve zero gas flaring by 2028.

During the inauguration of the associated gas processing project at the Halfaya oil field in Maysan governorate, PM Al-Sudani said the facility has a production capacity of 300 million standard cubic feet per day and aims to halt gas flaring and promote environmental sustainability.

"This landmark project is part of our ongoing efforts to maximize the benefits of our oil and gas resources, a process that began in 2019 and has been closely monitored to ensure its completion," al-Sudani said. "It represents a significant step in our economic reform and optimal investment strategies to stop gas flaring and its associated wastage and environmental impact."

Moreover, the Iraqi prime minister emphasized that the gas produced will directly support power generation and reduce the need for imports, which drain hard currency. Gas production has increased from 2,972 million standard cubic feet per day in 2022 to 3,100 million currently, with 1,800 million standard cubic feet per day being utilized.

"The investment in associated gas has risen from 50% to 61%, with ongoing efforts to utilize all gas produced and achieve zero flaring by 2028."

The project, completed under oil licensing rounds, comprises two units, each with a capacity of 150 million standard cubic feet. It processes and dries the gas, separating its main components to produce dry gas for the national grid, powering the Amara government and Maysan investment power plants, generating over 1,200 megawatts.

Additionally, the project produces liquid gas to meet Maysan's needs, starting with an initial capacity of 1,100 tons per day, which will increase to 2,200 tons per day for household and automotive use. The surplus will be transported to other governorates. 

The facility also produces gas condensates at a rate of 20,000 barrels per day, which are blended with crude oil to enhance its quality. Sulfur is also produced as a byproduct, with a production capacity of 20 to 40 tons, and is marketed through the Iraqi Oil Marketing Company (SOMO).

Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani highlighted that the Halfaya gas processing project represents a significant advancement in the oil industry and associated gas utilization, transforming it into beneficial energy that supports Iraq's energy sector.

Abdul Ghani acknowledged the collaborative efforts of PetroChina and Maysan Oil Company, highlighting that the project's design capacity is 300 million standard cubic feet per day, comprising two units, each capable of processing 150 million standard cubic feet per day.

The project aims to refine and dry the gas, then separate its core components to produce:

- Dry gas for the national grid, powering local electricity generation stations.

- Liquid gas for cooking and automotive use, with an initial capacity between 1,100 and 1,200 tons per day.

- Gas condensates, blended with crude oil to improve market quality.

The project also contributes to sulfur production as a byproduct, with a capacity of 20 to 40 tons, marketed by SOMO.

For his part, Deputy Minister for Gas Affairs Izzat Saber underscored that the project aligns with government and ministry commitments to halt gas flaring and support clean energy initiatives. 

"The ministry succeed in utilizing 61% of associated gas, with plans to increase this to 78% by year-end, continuing efforts to convert flared gas into useful energy."

SUMMARY OF Wolverine Live Chat ON JUNE 6, 8 JUNE

 Thurs. 6 June 2024 Wolverine Live Chat

• “Things are moving! Yesterday I got a call from a very high contact that has Intel with the general of Brazil, and the general has authorized the release of funds from Brazil, and various sources from Brazil have all the same timeline that it has started. Notifications will be received in Brazil. Not everyone has seen them yet, but when they receive it they will know it is happening and their frame of mind will change.
• I received this great info today International Operations: “TIER 4 B IS ALREADY RECEIVING NOTIFICATIONS. (Beneficiary Commission).
• WELLS FARGO INSTITUTION MOBILIZES PAY MASTERS ACCOUNTS – HSBC BANK ALSO MOVES IN THIS DIRECTION as well.”
• And then I received this one from a huge contact: “Wolvie, I hope you’re feeling little better. I have some great news – we are working on International Contracts outside of Brazil for Individual Bond Holders. We also received more good news from one of our top Contacts working with the Chinese Elders on some International Platforms that they control involving Yellow Dragons and “Other” types of Bonds…. This Contact acts as a local Paymaster on behalf of the Chinese and he was tearful, saying, he received authorization to start the Payment process.” This Contact is one of the top Representatives for them and has been involved for more than 10 years – so he’s very emotional that he’s finally received authorization.
• Also, this came through, from a member: Hopefully, you are feeling well, Wolvie. Got news that two people that have groups under them are on their way to get paid! One in Zurich and one in Brazil.
• So we are finally there my friend – good night and thanks for everything and tomorrow I have to fly off to Brazil.
• In Reno, I am expecting to get the news we are waiting for hopefully today. I am hoping you guys receive notifications today. I hope Bruce has good news. I feel sorry for him, as Bruce is having health issues, gone blind, and hopefully he will get the right intel, this time. We are very, very close.
• The United States dollar is going down on Sunday,  (the petrol dollar) Saudi Arabia will not use the United States Dollar anymore, and that will be the fall of the US dollar, and the economic collapse starts Tuesday or Wednesday. This is when the release date actually starts.
• The law case against Hunter, including the laptop, is now in the courts,everything is coming out, and there is more exposure going on against Hunter, not just the about the guns, but other things that will develop in that case. Hopefully, it will get Biden removed asap and all others involved arrested.
• We are close. Things are rolling, and there is a lot going on in Australia as well.
• We are looking for a worldwide celebration that is about to commence. Remember where you were on the day this actually happens. You are all part of history. It will be a historical moment. We can write a book about it and put our names in the chapters. Maybe someone will! I am absolutely ecstatic with what I am seeing. I am sure I will get the call for the RV.
• The bond release of funds has started. Mauricio was right. He had an event – a press announcement in Mexico. He had the Colombian flag on his desk. He has a surprise for Colombia.
• Hopefully we will see that in a couple of days – It is all moving. Some of you are not seeing it, saying nothing is happening, but there is a lot going on behind the scenes. I have not received anything yet, but it does not mean it is not happening. We will see what our friend Bruce has this time. Hopefully, it will be great news. This is coming to your side of the woods pretty soon! Take care guys, love you all, Wolverine.
• Thurs. 6 June 2014 MarkZ: “I have a number of bond people who have been waiting all week.  They woke up to messages today Thurs. 6 June saying their appointments were  changed to around 10am on Mon. 10 June. They expect full payout. This means they expect money movement this weekend. I still have a few MIA bond folks…where they have turned off their devices….goes straight to voicemail.”
• On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it. On Wed. 5 June 2024 the Iraqi Parliament sent the budget with the new Iraqi Dinar Rate in it to the Gazette to be published presumably by Sat. 8 June.
• Wed. 5 June 2024 Frank26: The international world is currently using the new Iraqi Dinar international exchange rate right now.
• Tues. 4 June Bruce’s Source in Iraq spoke with PM Sidani – he said rates on Dinar were handed over and now were officially recorded.
• Tues. 4 June Texas Snake: “Well folks, the information I have rec’ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.  We are then scheduled to begin receiving notification to begin scheduling appointments.  I have this info from three sources and am waiting confirmation from the banker.
• Thurs. 6 June 2024 Robynhood59 on Telegram: “63 banks will be insolvent tomorrow Fri. 7 June. Janet Yellen has stated for months today Thurs. 6 June was the date govt runs out of money. June 15 was the hard date for completion of Basel 3 and working on Basel 4 and why banks will be closing. BEST NEWS OF ALL!! IRAQ currently voting in Senate on rate, then moves to House for rate vote. When vote passes it will go right in the Gazette for Law, and announced Sat. 8 June 2024 in Mosques. This Fri. 7 June through the weekend moves forward with liquidity of bonds.”
• Thurs. 6 June 2024 BRICS Summit Russia: “BRICS says establishing payment mechanisms within BRICS that do not depend on the Western banking system is one of the most pressing topics today at the BRICS Summit in Russia.”
• As of 30 May 2024 States can legally obtain their own gold backed currency and bypass the Federal Reserve.

SOURCE: DINARCHRONICLES

WOW News Coming Out From Iraq It's A Big Reveal For Investors Of Iraqi D...

Iraqi armed group says attacks against US troops to be resumed if withdrawal talks fail, 8 JUNE

Iraqi armed group says attacks against US troops to be resumed if withdrawal talks fail

Shafaq News/ Kataib Sayyid al-Shuhada, a powerful Iran-aligned paramilitary group, has warned that it may resume attacks on US forces if the Iraqi government fails to reach an agreement with the US on a timetable for their withdrawal from the country. The group's spokesman, Kadhem al-Fartusi, told Shafaq News agency on Saturday that the group "have given the Iraqi government and Prime Minister Mohammed Shia al-Sudani a chance to withdraw US forces according to a specific agreement and an announced timetable." 

Al-Fartusi said the group hope that the negotiations will lead to a "positive outcome" for the withdrawal of the "occupying forces" while preserving Iraq's foreign relations with other countries. He added that "there is no specific deadline for the opportunity given to the Iraqi government by the armed factions, but if the negotiations fail, there will be a return to military action against the Americans. " The warning from Kataib Sayyid al-Shuhada comes as Iraqi officials are engaged in talks with the US over the future of US forces in the country. The talks are part of a broader effort to reduce tensions between the US and Iraq.

 The US currently has around 2,500 troops in Iraq, primarily stationed at bases in Erbil and Baghdad. The troops are part of a coalition force that is helping to train and advise Iraqi security forces. The Iraqi government has said that it wants all US troops to withdraw from the country by the end of 2024. However, the US has said that it is willing to keep some troops in Iraq if the Iraqi government requests them.

THE BIG CALL HIGHLIGHTS, 8 JUNE

 Thurs. 6 June 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#:

• Iraq will publish their new Dinar Rate in their Gazette on Sat. 8 June 2024.
• On Sat June 8 the RV will start.
• Bond Holder and Tier4b funds will be moving on  Sun. 9 June.
• Notifications for Tier4b could come out Sun. night or Mon. morning.
• Bond Holders and Tier4b can have access to funds on Mon. 10 June morning by 10:30 am.
• Tier4b appointments could begin Mon. afternoon 10 June.
• Rates are still climbing. There is a limit on Dinar Contract Rates and you can ask for that Contract Rate.
• You can negotiate the Vietnamese Dong rate.

National Bank Of Iraq Even Bigger Announcement Today 2024🔥iraqi dinar ne...