FRANK26…..2-7-25……BANKS PREPARED

FRANK26: "SUDANI ASKS PERMISSION FROM TRUMP... NOTICE THAT", 8 FEB

 KTFA

FRANK26: "SUDANI ASKS PERMISSION FROM TRUMP... NOTICE THAT".....F26

Al-Sudani asks the Trump administration to continue granting Iraq an exemption from importing Iranian gas

2/7/2025

 

Prime Minister Mohammed Shia al-Sudani called on Friday on the administration of US President Donald Trump to continue exempting Iraq from importing Iranian gas after the decision to cancel it.

US President Donald Trump recently cancelled the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran.

Al-Sudani said in an interview with Asharq Al-Awsat, "The previous (US) administration gave us an exemption from these sanctions," adding that "our government did not just request an exemption, but we also took the initiative to invest in the associated gas."

He added, "Iraq has a clear vision. In 2028, gas imports will end, and there will be clear energy independence,"  stressing that "in the end, we need this exception to continue throughout this period."

Al-Sudani also pointed out that Iraq has begun "the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."

He continued by saying, "The connection with Jordan has been implemented and currently western Iraq is being supplied with energy. It is hoped that during this year the connection with Kuwait and the Gulf group will be completed. We have also started contracting for the connection between Iraq and Saudi Arabia. The connection with Turkey has also been implemented and we have started receiving energy and as a result from the European Union."

The Prime Minister continued, "The Iraqi government has found solutions, and we certainly expect our friends in the United States to understand the government's plans so that they will allow us to continue to use Iranian gas until our projects are completed, in which any imported gas will be dispensed with."

For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak of summer, and thus relies on the ongoing American exemptions, which are issued more than once each year.

Recently, Iraq has moved to import gas from Turkmenistan, and it will also pass through Iranian pipelines, but it has not yet been implemented due to logistical and financial problems.

LINK

TIDBITS FROM BRUCE, 8 FEB

 Thurs. 6 Feb. 2025 Bruce:

• On Wed. 5 Feb. Trump told the US Treasury not to let the RV go because they were not yet ready and that they were going to wait until the weekend.

• Two contacts said that Trump wanted us to have money by Sat. 8 Feb. 2025.

• The World Bank and the IMF has held the RV up and both were about 95% ready to be dismantled.

• Iraq has yet to put their new Dinar Rate in the Gazette.

Fnu Lnu :The Dinar is now getting International attention! @DINARREVALUATION #iraqidinarinvestor

 

FRANK26: "EXCUSE ME USA... WHAT PART DO YOU HAVE IN THIS OIL?", 8 FEB

 KTFA

FRANK26: "EXCUSE ME USA... WHAT PART DO YOU HAVE IN THIS OIL?".......F26

 

Parliamentary Finance Committee discusses with US delegation the file of contracts of foreign oil companies operating in Kurdistan

 

2/6/2025

 

Baghdad 

The Finance Committee of the Council of Representatives discussed, on Wednesday, with an American delegation the file of contracts of foreign oil companies operating in the Kurdistan Region of Iraq.

The media office of the head of the committee said in a statement received by "Mawazine News": "The head of the Finance Committee, Atwan Al-Atwani, received a delegation from the US Embassy headed by Julie Jones, the economic advisor to the embassy, ​​and Chris Torres, advisor to the Iraqi Council of Representatives file in the political department."

The statement added that "the meeting discussed the details of amending Article 12 of the Federal General Budget Law related to oil production and export, in addition to the financial challenges facing the country and preparations for preparing and approving the 2025 budget schedules."

He continued, "The meeting discussed the file of contracts of foreign oil companies operating in the region, and some details related to oil production and export, within the framework of amending the general budget law that the Council of Representatives recently voted on, as a first step to resolve the oil disputes between Baghdad and Erbil and in line with the Iraqi constitution."

Al-Atwani stressed, according to the statement, "the necessity for the region to commit to paying its financial dues to the central government in exchange for receiving its entitlements, including employee salaries and project financing, to end financial disputes," renewing the Finance Committee's keenness to "end all disputes and stop oil smuggling; due to its negative impact on the country's financial stability."

The statement explained that "the meeting witnessed a discussion of the timing of approving the budget schedules for the year 2025; with the aim of launching projects according to the specified timetable, with an emphasis on increasing non-oil revenues, reducing spending on non-essential projects, investing in service and educational projects, and supporting the private sector." (TIMING OF BUDGET SCHEDULES!!! -F26)

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LINK

FIREFLY: Trump just signed a memorandum making it impossible for Iran to use Iraq's monetary financial system to avoid sanctions, 8 FEB

 Frank26   

[Iraq boots-on-the-ground report]

  FIREFLY:Television is showing the United States President, your Trump just signed a memorandum making it impossible for Iran to use Iraq's monetary financial system to avoid sanctions.  Wow. 

 FRANK:  To see what Trump just did against Iran by using Iraq is an indication that Sudani and Trump are shoulder-to-shoulder...

This action by Trump tied Iran's hands even strong against stealing your purchasing power.  Trump is protecting the new exchange rate right along with Sudani.

MARKZ: "Yes, we are trained and ready to go!" @DINARREVALUATION #iraqidinarinvestor #iraqidinar