MNT GOAT: THERE ARE MANY ARTICLES THAT SAY THAT IRAQ HAVE A RESTORED SECURITY & STABILITY!! #IQD

Iraq Eyes Global Operator for Next Phase of Al-Faw Grand Port

The General Company for Ports of Iraq (GCPI) has announced the near-completion of the infrastructure phase of the Grand Al-Faw Port, with plans to soon select a global operator to develop and manage the superstructure.

Director General Farhan Al-Fartousi told the state-run Iraqi News Agency (INA) that 11 major international companies have been invited to bid, with the contract to be awarded to the operator that best aligns with the port's technical and commercial requirements.

He also confirmed that several key components of the project, including the main connecting road and five berths, have already reached 100% completion.

In parallel, the GCPI is implementing an advanced maritime navigation and monitoring system in coordination with the  International Maritime Organization (IMO). Al-Fartousi noted that the IMO's technical consultant recently held meetings in Iraq with the Italian firm overseeing specifications for the port's navigation channel. A follow-up visit by IMO's maritime advisor in London is planned for November.

As part of these improvements, GCPI will deploy a new system of buoys and sensors - with lighting akin to airport runways - to enhance visibility for vessels navigating through fog and high humidity. The spacing between buoys will be reduced to 1.5-2 nautical miles (compared to 3 nautical miles in the Khor Abdullah channel) to accommodate large vessels and deep-water operations.

Two offshore platforms will also be installed near the breakwater to monitor wind speed, wave height, and tidal conditions, improving safety for incoming and outgoing ships.

The port has been designed with future growth in mind, including vessel drafts of up to 16.4 metres, and reserves deeper strategic capacity for even larger vessels and expanded trade volumes in the future.

(Source: INA)

MNT GOAT:what has been preventing this revaluation to the TRUE rate of the Iraqi Dinar?

Iraq ranks 3rd largest market for Amman exports in 2025

 Shafaq News – Baghdad/Amman

Iraq was the third-largest importer of goods from Amman’s industrial sector during the first half of 2025, according to data released Monday by the Amman Chamber of Industry.

The chamber reported that Amman's total exports for the first six months of the year reached 3.467B Jordanian dinars (about $5B), up from 3.086B dinars (about $4.5B) during the same period in 2024.

Four countries—India, the United States, Saudi Arabia, and Iraq—accounted for more than half of all exports, with a combined value of 1.988B dinars (about $3B), the report stated.

The United States was the leading destination, with exports valued at 586M dinars (about $830M), followed by Iraq with 451M dinars (about $630M), and Saudi Arabia with 418M dinars (about $590M).

TIDBIT FROM WALKINGSTICK : The INOC (Iraqi National Oil Company) is now in full control of the oil in Iraq!!

 Walkingstick 

 The INOC (Iraqi National Oil Company) is now in full control of the oil in Iraq.  

Kurdistan has agreed to all of this...That's is so important.  There's no problems...fighting...arguments... discussions...Sudani is in full control of the oil of Iraq. 

 That's it...Sudani wants the HCL for the citizens...for his reelection. ..

 Once the HCL is written into law...then we can see for Sudani to sign this agreement and one of the three presidents. 

MNT GOAT: "SHRINKING THE PARALLEL MARKET", MY CBI CONTACT TOLD US THAT ...

IRAQ LAUNCHES THE FIRST PHASE OF A STRATEGIC PROJECT TO EXPLOIT GAS AND PREVENT ITS FLARING

IRAQ LAUNCHES THE FIRST PHASE OF A STRATEGIC PROJECT TO EXPLOIT GAS AND PREVENT ITS FLARING.

Basra Gas Company announced the launch of the first phase of a strategic project in the southern Rumaila field to exploit gas and prevent its flaring .

The Deputy Managing Director of Basra Gas Company, Marfaa Al-Asadi, Director of the Higher Production Authority, said, “This project will exploit gas from the Al-Quraynat Mishrif and Al-Shamiya Mishrif sites,” noting that “the company has completed the installation of an integrated unit at the first site to process sour gas, and it has now entered into operation after it was supposed to enter operation at the end of next July. However, there is an urgent need to expedite the project in cooperation with the field operator and the contractors working there.”

He explained that “the company was able to operate the project early and enter the unit as a first phase, and is currently working on investing 20 million cubic feet,” expecting “the capacity to rise to 40 million cubic feet (one million standard cubic feet) in the coming days.”

Al-Asadi confirmed, “There is coordination between the Basra Gas and Oil companies to link the quantities of gas produced from the Majnoon field to the gas company’s plant in Khor Al-Zubair, via a pipeline passing through northern Rumaila, which enables the investment of 40 cubic meters that were going directly to burning and benefiting from them, and converting liquids into LBG , and dry gas into fuel until the completion of Total’s projects so that the gas can be used again in the company.”

Miliq.news