Tuesday, February 25, 2025
Iraq signs an agreement with the British company “Perch Petroleum” to rehabilitate the four fields of Kirkuk, 25 feb
The Iraqi government signed on Tuesday an agreement with the British Petroleum/BP company to rehabilitate and develop the four Kirkuk fields, under the auspices and presence of Prime Minister Mohammed Shia Al-Sudani.
The Prime Minister’s Office said in a statement received by Shafaq News Agency that “this signing comes after the agreement with the company concerned on technical issues and contractual conditions, including the economic model of the project, based on the memorandums of understanding signed in London during the last visit of the Sudanese to Britain, which aimed to ensure the best contractual conditions and benefits for the Iraqi side, after prolonged detailed negotiations with the Ministry of Oil, according to the directive of its sovereignty, in order to optimal investment in energy and provide crude oil to the north and reduce its dependence on southern oil, and the agreement is the last stage before signing the contract finally.”
The statement pointed out that “this project will provide the absorption of manpower in various specialties, the operation of local companies, the implementation of social benefits projects, and the development of engineering and technical resources skills, support the staff of the North Oil Company and the North Gas Company, within the government’s vision for training programs and raising the level of competencies within the framework of what is provided by British Petroleum,
in coordination with the Ministry of Oil.”The statement added that “the agreement includes the development of the four main fields of Kirkuk (Bay Hassan, Kirkuk with its domes “Baba and Avana”, Jumbour, and Baker), to ensure the investment of associated gas as well as the rehabilitation and expansion of gas facilities in the North Gas Company and the establishment of a power plant with a capacity of 400 megawatts to achieve the desired objectives of this integrated strategic project.”
JUDY NOTES: Mon. 24 Feb. 2025 Payout for Tier Groups involved in the RV, 25 FEB
Mon. 24 Feb. 2025 Payout for Tier Groups involved in the RV:
- The Dubai Accounts Funds the RV: Dubai 1 funds Tiers 1&2 of the RV and Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA. The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 &5.
- Liquidity Release is done in a certain order. The Elders, German Bonds and select Yellow Dragon Bonds must be paid first and have been.
A. Dubai 1 released for liquidity which then triggers Dubai 2&3.
B. F&P’s are released to recipients (they need D1 liquid, this is their hold up)
C. Bonds will be liquid (they need D1 to be liquid)
D. Tiers 1-4b are notified. (they need D1 to be liquid) It appears all is set to go on or about the same time!
- Tier 1 Sovereign Nation Debt of Governments: Chinese Royals, Bond Holders, Paymasters, Church Groups, CMKX, F&P, Adjudicated Settlements, Ranch and Farm Claims and other groups.
- Tier 2 Royals, Elders, Whales, Military Generals and some political type Elites with platforms of currency, corporations, etc.
- Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints. The Pentecostal group was now 100% under an NDA.
- Tier 3 was all Dubai 2 Trust Money and originally was the Generals and public. Now Tier 3 includes groups with projects including the Admiral.
- The Admiral was sent to the back of the line and renamed Tier 4A (really just a pie slice of tier 3). The Admiral’s Group was composed of three parts – most notable of which was Tier4a Core groups and 130 VIP groups.
- Tier 4B, (us, the Internet Group) is the largest group and composed of the general public who paid attention to the intel – the people who have bought currency and/or bonds and kept up with the reset by way of information on the Internet.
- Tier 5 The general public who never paid attention to the Intel.
- The official GO for Tier 4b has not been released yet. It can happen any moment. As all Tier1-4b are funded, we await the final release to reach to our level.
- It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons. Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.
Kurdistan oil to flow again within two days, 25 FEB
Kurdistan oil to flow again within two days
Shafaq News/ Iraq is awaiting Turkiye’s approval to restart oil exports from the Kurdistan Region via the Ceyhan pipeline within two days, Iraqi Oil Minister Hayyan Abdul Ghani revealed on Monday.
Speaking to Reuters, Abdul Ghani emphasized that Iraq remains committed to OPEC+ production quotas, stating that “all exported volumes will remain under the control of the Oil Ministry.” He also clarified that Kirkuk’s oil production will be “reserved for domestic consumption” and will not be included in the exports via Turkiye.
Turkiye halted Kurdistan’s oil exports via Ceyhan Port in March 2023 following a ruling by the International Chamber of Commerce (ICC) that ordered Ankara to pay $1.5 billion in damages to Iraq for allowing Kurdish oil exports without Baghdad’s approval.
With negotiations between Baghdad and Erbil progressing, the Kurdistan Regional Government (KRG) announced on Sunday the formation of a joint technical team with Iraq’s Oil Ministry to “assess the pipeline’s readiness for resumption.”
Meanwhile, the Iraqi Oil Ministry has “completed the necessary procedures for restarting exports” and has urged the KRG to hand over production volumes to Iraq’s state-run oil marketing company, SOMO, while the KRG delegation reaffirmed its commitment to implementing the recent amendments to Iraq’s federal Budget Law.
The Association of the Petroleum Industry of Kurdistan (APIKUR) has reiterated its readiness to resume oil exports if Baghdad and Erbil finalize an agreement that “safeguards existing commercial and contractual terms for foreign operators in the region.”
Iraqi Foreign Minister Fuad Hussein confirmed that Baghdad is “working to resolve technical issues with Erbil to restart crude flows” after nearly two years of suspension, which has cost Iraq an estimated $19 billion in lost revenue.
The United States has backed efforts to restart the pipeline, citing the need for “stable oil flows to global markets,” while Turkiye insists the pipeline is operational, stating that the final decision on resuming flows “lies with Iraq.”
https://shafaq.com/en/Kurdistan/Baghdad-awaits-Turkiye-to-resume-oil-flows-from-Kurdistan-Region
TIDBIT FROM MILITIAMAN, 25 FEB
Militia Man
An agreement has been reached and confirmed to resume the export of [Kurdistan] oil. IMO they're not going to use 1310 as a value basis for this to happen.
They're going to have to have an IMF multi currency practices rule and compliance issue stopped... They're going to need a Real Effective Exchange Rate in dinar terms for this to happen. If this holds true, a change is to be coming...
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