Sunday, June 9, 2024

Iraq: We seek to achieve self-sufficiency in the refining industry and export its surplus abroad, 9 JUNE

 Iraq: We seek to achieve self-sufficiency in the refining industry and export its surplus abroad


6/8/2024

Prime Minister Muhammad Shiaa Al-Sudani opened, on Saturday, the Al-Azmara unit project for producing improved gasoline in the Basra Refinery with a capacity of (11) thousand barrels per day.

During his speech, Al-Sudani pointed out the importance of opening the Azmara unit in the refinery, and the provision it represents for the country’s need for high-octane gasoline, stressing that these projects will stop the process of wasting wealth and put an end to the import of petroleum products, which has continued for many years, stressing that the optimal investment for oil wealth is Gas and maximizing resources are among the top priorities of the government programme.

The Prime Minister explained that a series of measures and steps were being taken to expand the production of petroleum derivatives, stressing that the increase in filtering and refining capacities at daily rates, with every opening of a new oil unit, makes us close to achieving self-sufficiency.

He indicated the existence of a new indicator for the export of some derivatives, such as gas oil, naphtha, sulfur, and jet fuel, stressing the continuation of this program during the period of the government’s work, and that the goal is to increase production capacity and improve product specifications. He explained that gasoline production in 2022 was (15 One thousand cubic meters per day, while production today reached (24.8) thousand cubic meters per day.

The project, which was implemented by the National Effort at the South Refineries Company in cooperation with supporting companies, is considered one of the important projects in increasing the production of improved gasoline, with a production capacity of (11) thousand barrels per day, and it will contribute to reducing the quantities of imported gasoline, which will save more than 200 million dollars annually.

This project, which is considered one of the lagging projects, comes in addition to a number of projects that are being implemented, to contribute to increasing the refining capacity of petroleum products, upgrading the specifications and improving the quality, within the plans of the Ministry of Oil, and in harmony with the government program, to achieve self-sufficiency.

In turn, Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, said in his speech on this occasion, “Today we celebrate the opening and completion of the (Al-Zamra Unit) project with a capacity of eleven thousand barrels per day. This project is considered one of the important projects in increasing the production of improved gasoline fuel.” With a capacity of one thousand three hundred cubic meters per day, which is equivalent to one million three hundred thousand liters per day,” indicating that this project “contributes to reducing the import of gasoline by a rate of one thousand three hundred cubic meters per day, and saves the state treasury approximately three hundred and fifty million dollars per year.”

Abdul Ghani pointed out that “the project comes within the ministry’s plans to increase refining capacity, improve the specifications of petroleum products, and improve their quality, after the completion of the fourth refining unit project with a capacity of seventy thousand barrels per day, which entered into operation and production a short while ago,” considering that “the most important thing that distinguishes These projects came about as a result of the national effort of the Southern Refineries Company and its supporting bodies, after foreign companies hesitated to implement them.”

The Minister of Oil continued to say: “The government and the ministry have given great attention to the refining industry sector, with the aim of increasing national production to reach self-sufficiency, and gradually shifting to exporting its surplus outside Iraq.”

He noted that “the period of the year and a half of the government’s life witnessed the realization and completion of a number of projects in the refining industry sector, including the North Refinery with a capacity of one hundred and fifty thousand barrels per day, the Karbala Refinery with a capacity of one hundred and forty thousand barrels per day, and the Azmara unit in each of the Refineries Company.” The Central and North Refineries Company, in addition to what was achieved in the South Refineries with the completion of the fourth unit with a capacity of seventy thousand barrels per day.”

For his part, Undersecretary for Liquidation Affairs, Hamid Younis, said in his statement, “This project comes within the plans of the government and the ministry to maximize national production and improve its specifications.”

He stressed that the coming period will witness the announcement of the completion of a number of projects in the north, center and south that will add production capacities and enhance the plans of the government and the ministry in producing petroleum derivatives, including the cofactor cracking project, which is one of the promising projects that converts oil waste into white products with Euro 5 specifications and a refining card. Its capacity is 55 thousand barrels per day, which is implemented by the Japanese company “JGC”. All of these projects represent an important addition to the refining industry sector.

Prime Minister Muhammad Shiaa Al-Sudani also opened the steam boiler unit in the Basra Refinery, with a production capacity of 300 tons/hour, to supply the production expansions in the refinery’s units and facilities with the steam necessary for operation.   LINK


JUDY NOTES, 9 JUNE

 Judy Note:

 On Sun. 9 June 2024 Federal Reserve’s fiat dollar went down as the Petrodollar collapsed; the US Inc. ran out of money making 63 US Banks fail.

Meanwhile the US and other countries’ debt was paid off by the Chinese Elders as they released the Global Currency Reset for 209 countries currencies that were now gold/asset-backed.

  • Sat. 8 June 2024: The US and other countries’ debt has just been paid off by the Chinese Elders.
  • Sat. 8 June 2024 Utah Senator from Utah Mike Lee has introduced legislation to ‘End the Fed.’

Timeline:

  • As of Thurs. 30 May 2024 any US State could legally obtain their own gold backed currency and bypass the Federal Reserve.
  • As of Sat. 1 June 2024 International World Trade was using the new Iraqi Dinar Rate in the trade of international goods.
  • On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it.
  • On Tues. 4 June large bondholder paymasters were in Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window. 
  • On Wed. 5 June 2024 the shotgun was fired, authorizing liquidity of the bond payments of CMKX that opened the RV/GCR; the General of Brazil authorized release of funds to Brazil and San Paulo started to release funds.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.
  • On Thurs. 6 June 2024 the Chinese Elders authorized start of the payment process for Tier4b (Us, the Internet Group). The International Beneficiary Commission authorized some in Tier4b to receive notification. Brazil began sending out notification and setting exchange appointments. A group in Zurich and another group in Brazil went liquid. The BRICS Alliance began Summit meetings in Russia.
  • On Fri. 7 June 2024 the US Government ran out of money and declared 63 banks insolvent according to Janet Yellen. Bonds started becoming liquid.
  • On Sat. 8 June 2024 the new International Dinar Rate will be official as it is published in the Iraqi Gazette and announced in the Mosques – which will officially begin the Global Currency Reset of 209 countries.
  • On Sun. 9 June 2024 RV funds for Bond Holders and Tier4b will be moving into their positions for payout. On that same Sun. 9 June  look for a Black Swan Event as the Petrodollar ends = collapse of the Global Financial System. …The 17th Letter (JFK Jr.) and JFK Jr. Official on Telegram https://t.me/jfk_jr_officialchannel
  • On Sun. night or Mon. morning 10 June 2024 notifications for Tier4b could possibly come out.
  • On Mon. morning 10 June 2024 Bond Holders and Tier4b should have access to their funds with Tier4b appointments starting soon thereafter.
  • On Tues. or Wed. 11, 12 June 2024 a Worldwide Economic Collapse was expected to begin.
  • On Sat. 15 June 15 any bank not Basel 3 compliant would be closed.

Iraq: Urgent Budget Update

A tripartite meeting tomorrow between oil companies and the Ministries of Federal Oil and Natural Resources, 9 JUNE

 A tripartite meeting tomorrow between oil companies and the Ministries of Federal Oil and Natural Resources


6/8/2024

Rudaw Media Network learned from sources in oil companies operating in the Kurdistan Region that a tripartite meeting will be held tomorrow, Sunday, between the Ministries of Federal Oil and Natural Resources and oil companies, to discuss resuming the export of Kurdistan Region oil via the pipeline to Turkey.

A senior official in one of the oil companies operating in the Kurdistan Region told the Rudaw Media Network today, Saturday (June 8, 2024), that the oil companies have observations on the Iraqi government’s conditions for resuming exports.

The official, who did not want to reveal his name, added: “The Iraqi Oil Ministry set a condition for our participation in the meeting, during which we were asked to submit a copy of our contracts.”

According to the official, oil companies are afraid of this condition, because the Ministry of Oil has previously filed a lawsuit against these contracts.

He continued: “The Iraqi government should either withdraw its lawsuit against our contracts or grant legal guarantees to oil companies after we present our contracts during the meeting.”

The Federal Ministry of Oil responded positively to the oil companies’ request to hold a tripartite meeting to discuss their financial dues.

On May 28, the Ministry invited the international oil companies operating fields in the Kurdistan Region, and the Ministry of Natural Resources, to a meeting with the aim of “discussing and discussing the issue and reaching an agreement to accelerate the restart of production and resume the export of oil produced through the Turkish port of Ceyhan and according to the quantities specified in the budget law.”

The Minister of Natural Resources in the Kurdistan Regional Government, Kamal Muhammad, noted, for his part, that “the main problem facing the resumption of exports is that the Ministry of Oil sees the cost of production as high.”

In this regard, Kamal Muhammad pointed out that “Iraq annually allocates trillions of dinars to its oil sector.”

Sunday’s meeting comes one year and two months after the Kurdistan Region’s oil exports stopped, which caused billions of dollars in losses to the Iraqi economy, the Kurdistan Region, and oil companies.

According to information, there are two main problems facing the resumption of oil exports from the Kurdistan Region, which are the cost of production and contracts.   LINK


SUMMARY OF WOLVERINE CALL, 9 JUNE

 Sat. 8 June 2024 Wolverine Call:

  • I received a call about 2:30 a.m. (Sunday in Australia) It is official, it is not from a guru, it is an official announcement – we are now right at the edge of receiving our blessing. It is coming and it is real.
  • There will be a surprise announcement soon for Nesara/Gesara. 
  • I am not telling you what day, but it is all happening. Nothing will stop it now!
  • The event Mauricio held with all the leaders was an absolute success. I am not sure if today is the last day or not of that event. I was overwhelmed with the news coming through. It was one of the calls I was waiting for.
  • Notifications we hear have started and have heard that are in line with HSBC and Wells Fargo. Right now, I do not know of anyone who has received notifications yet. It is all happening this week.
  • Again, this is an official announcement that came through.
  • God bless all of you – I love you guys, we are right at the edge.
  • On the next call Carpathia will have something special to say to you, and I am sure it will be an emotional speech. This will be soon, not sure if it is tomorrow or the next day, but very soon.
  • You guys are The Chosen Ones. You have all been chosen since birth, in my own belief, in my opinion, that you were chosen by God. You each have a purpose in your life and on this planet. Remember, to help your family and your loved ones first and then comes humanity.
  • In the next call will be a special video made by a member, then the trumpets of freedom, and then the opera.
  • Thank you everyone, have a beautiful day. Wolverine

Cómo se está reconstruyendo Irak después de la invasión estadounidense

"IF I WAS SUDANI... I WOULD CELEBRATE WITH THE PRESS ALSO." BY FRANK26, 9 JUNE

 KTFA

FRANK26: Frank26:  "IF I WAS SUDANI... I WOULD CELEBRATE WITH THE PRESS ALSO."........F26

Al-Lami chairs the meeting of the Supreme Committee for Press Day celebrations

6/8/2024

Today, Saturday, the head of the Iraqi Journalists Syndicate, Muayyad Al-Lami, chaired the meeting of the Supreme Committee for Press Day celebrations, while stressing the importance of showing the bright image of Iraq to the delegations that will visit Iraq.

The union stated, in a statement, a copy of which was received by {Al-Furat News}, that “Al-Lami chaired the meeting of the Supreme Committee charged with preparing for the celebrations of the National Day of the Iraqi Press on its 155th anniversary, reviewing before the members of the Supreme Committee assigned by the Prime Minister the union’s procedures regarding the invitation Hosting delegations and personalities from various countries of the world, which include Arab and foreign ministers of culture and information, heads of Arab media institutions, and international organizations concerned with journalism and media.

She added, "The meeting reviewed the preparation of all logistical and technical requirements for holding the celebrations, most notably the preparation for the central celebration that will be held in the Al-Zawraa Hall of the Al-Rashid Hotel on the morning of Sunday, June 30, under the auspices of the Prime Minister, the celebratory festival of the union’s branches in the governorates, which will be held in the gardens of Abu Nawas Street, and the public celebration in the center."

Cultural and social activities, One Thousand and One Nights, as well as hosting meetings of the General Secretariat of the Arab Journalists Union.”

The union continued, “The meeting discussed the facilities that the supporting bodies represented by a number of ministries and other departments will provide to make this national celebration a success,” noting, “The meeting included representatives of the Ministries of Foreign Affairs, Interior, Culture, Transport, the Intelligence Service, the Baghdad Operations Command, the Baghdad Municipality, and the Iraqi Media Network, in addition to members.” Union Council.

Al-Lami stressed "the importance of showing the bright image of Iraq and the major reconstruction campaign that the country is witnessing in front of the Arab and foreign media delegations that will participate with the journalistic family in its celebrations this year of the National Day of the Iraqi Press, which represent more than (50) countries around the world."    LINK


Parliamentary Finance: Amending The Budget Law Will Allow For Changing Useless Paragraphs And Item, 27 nov

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