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Iraq’s oil reserves are in excess of the classification, 31 JULY

 Iraqs oil reserves are in excess of the classificationOil expert Hamza Al Jawahiri revealed, today, Monday, the quantities of unclassified oil reserves in Iraq.

Al-Jawahiri told {Euphrates News} that: “The oil companies operating in Iraq are developing the fields primarily and there are always increases in production from the fields that are being developed,” noting that “Iraq is committed to its share within OPEC countries and cannot export quantities larger than those allocated.”

He added, “Iraq now has more than one million barrels of oil in excess of the classification and it is kept in the wells and cannot be produced because the quantity of production and manufacturing is limited.”

Al-Jawahiri explained that “the companies produce the oil and deliver it to Iraq and they are the ones who dispose of the quantities they sell.”

Iraq aims to increase its oil reserves to 160 billion barrels, which coincides with its efforts to raise crude production to 8 million barrels per day by 2027, in addition to achieving self-sufficiency in gas, according to data obtained by the Energy Research Unit (based in Washington).

Iraq’s oil reserves are the fifth largest in the world, accounting for 8% of the total global crude reserves, and represent approximately 12% of OPEC reserves, and 17% of proven reserves in the Middle East.

According to the latest estimates issued by Oil & Gas Journal, Iraq’s proven oil reserves amounted to about 145.019 billion barrels by the end of 2023.

Oil Minister Hayan Abdul Ghani expressed his hope that the country’s oil reserves would exceed 160 billion barrels, during the launch of two new licensing rounds to invest in 29 fields, in addition to exploration blocks for oil and gas.

Abdul Ghani confirmed that the government will support the winning companies and provide them with the necessary facilities.

Iraq, a founding member of OPEC, announced its commitment, like other countries, to reduce voluntary production to support prices affected by economic uncertainty.

alforatnews.iq

GINTEL : ASIA T3 T4A BY GINGER, 31 JULY

 Asia T3 T4A 

 From a trusted friend: Southeast Asia. Hong Kong and Singapore. As of this morning, they don’t have notifications yet. They are unsure how true the reports are that they are getting paid. They are unsure. My friend also has personal contacts in Brazil and some contacts in Europe who have not reported having been paid yet. This is not bad news, we understand there is a queue, and there’s a process, and certain groups are going to be paid out. 

And I’ve talked to you all before about the well. I’m just going to rehash and refresh your memory here. The GCR, the global currency side of things, Tier 3, Dubai 1 and Dubai 2, those things getting filled are like a great big, massive well. So, when the first one gets paid, I want you to imagine this well of water getting filled up, filled up, filled up, and all of a sudden, a barrier is removed and pulled back. 

This threshold is picked out of the well, and the water from that well flows into well number two. And after time processes, that well begins to fill up, and fill up, and fill up. And then the barrier can be lifted off of that well – boom – it comes back and that water now is flowing to well number three. 

And you see, that’s where we are, in Tier 4B. These others need to go before us, so that our well will get filled up. So, it’s not a long and laboriously drawn-out process that will take years or anything. It should not even take months, but it is going to take a little time, and there’s a queue for this. I don’t want anyone to be discouraged, I just want you to be balanced.

 Because it could be quick, but I’m not calling it for this week. I’m not saying, “Oh, you’re going to get your notifications today” like we’ve heard, even yesterday. I don’t see that yet. But I definitely see things moving in a very positive

direction. I’m very extremely encouraged. We are now here at a place we know we’ve never been before.

AndI’mnotgoingtotalkalotaboutittoday,buttheSEClawsuitwithRipple- go to my channel, type in SEC or type in Ripple. Go see the news, see what’s been happening with the lawsuit. It’s all incredibly positive. This stuff with crypto has to get righted and talked about in the public’s conscience and revealed before we go. Also, check out the lawsuit with silver, precious metals, silver being manipulated and suppressed. That happened today! That is something that was a step that had to happen for us to go camping. So, these are all positives. That is the reason why I am always so careful to tell you all to look circumspectly. 

Look at geo financial – BOOM. Look at SEC, Ripple – BOOM. Silver, this lawsuit settled today. Geo Financial, geopolitical, the Q Comms. Who’s resigning? Who’s got COVID and is off the scene and what not? You know what I mean. All of it plays a part, not just the Guru News Network, and the banker intrinsic communications, coming from the likes of alphabet soup agencies or the Treasury. 

They have to cloud the timing. They have to even leak misinformation. And I’ve explained this in previous Chronicles, they have to do this because the bad rats make a move, and the bad rats get arrested. So while I do understand there’s a need for the misinformation, GinGin doesn’t want to be a party to it. That’s why I’m a real stickler for trying to vet the snot out of stuff, because I don’t want to mislead you.

I’m going to continue on with my Asia comments. He said Brazil personal contacts and European contacts are not reporting having been paid yet, but they are getting great news from their paymasters. It’s hard to see progress with real people that our members know. Everything appears to be in limbo. Things have been ready but we’re just not seeing liquidity happen yet. And this is not bad news. I just want to reinforce that, okay Loves?

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Sources: US requests CBI to merge dollar-banned banks and close distressed banks, 31 JULY

 Shafaq News/ The Central Bank of Iraq (CBI) is facing new demands from the United States regarding the dollar-banned and distressed banks, sources revealed on Tuesday.

According to sources, both the US Treasury and the Federal Reserve have instructed the Central Bank of Iraq to merge banks that are prohibited from dealing in dollars and to close certain distressed banks.

The sources noted that the Central Bank of Iraq is expected to implement swift actions in this regard. “This move aims to stabilize the banking sector and improve the exchange rate.”

“In response to Washington’s demands, the Central Bank has enlisted an international consultancy to devise a comprehensive plan, which will encompass the merging and closure of banks.” The sources said.

The consultancy, recommended by US authorities, is reported to have functions similar to those of K2, though its name and additional details have not been disclosed.

GINTEL: RENO NEWS AND RUMORS, FROM GINGER, 31 JULY

 Reno News

 Admiral Bob – This is fresh news from today, July 29, 2024 - his #2 person, she is yoked to him like I’m yoked to Jesus, who has been working beside him since 2005, still has not gotten her 1% yet. 

I asked my dear friend, who is connected with this inner circle group – With her being with him so long, one would think she would receive liquidity right off the bat, too. Isn’t that right? He replied,“Yes”. Sotakethisforwhatit’sworth,thatshehasnotreceivedher1% yet.

Reno Rumors

 When someone says, “The Admiral’s group has gone through” (claiming they got their 1% - they are suggesting that people have been getting paid with liquidity, and it has been a slow roll out. This is recent intel coming from other people.)

The latest rumor says that the original admiral’s group has “gone through,” says one intel provider – but I have serious concerns about this claim. If the #2 person to the Admiral in Reno has NOT received her 1% - as of this morning – then how does it make sense for entire groups in Tier 3 to already have full liquidity?

 I am just really curious, and I’m wondering, that some people might be misinterpreting the allowance (a stipend for travel) versus the actual 1% liquidity. I talked to you all in earlier Chronicles about this, in 11 and 12. Because the people are going to receive a stipend to travel, in case they need to locate to Reno or other parts of the world. 

I’ve got friends going to Zurich in Europe. They’re going to need some money to travel. I don’t know if some people say yeah, I got some money, and they’re letting their friends know in code, and the receiver is misinterpreting it, thinking the allowance is the 1% when it’s not. I’m just giving you something to consider. Because I’m not seeing enough actionable proof of solid liquidity in the bigger groups yet, so my friend and I, those that are really connected, we are just

wondering if more needs to be done on the Admiral’s side. Like maybe the CMKX, the farm claims, the adjudicated funds. We’re just wondering if more of that needs to kind of solidly whoosh through. And it’s all going to be quick, because it’s electronic. Just sharing that to pace yourself, so you have a good understanding. I just want to be truthful with what I’m seeing from my vantage point. 

And I don’t claim to know it all. I absolutely don’t claim to know everything, I do not have a crystal ball, but I have Jesus. And I have a good, good feeling when things don’t pass the smell test, and I try to ask about that. So, I think these are hopeful and solid, and things are very encouraging. But, the pace has to work through this process. I’ll talk more about that

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