🚨 $2.5B Oil Deal: China Secures Massive Offshore Pipeline Project in Iraq 🇮🇶🇨🇳💥

 🚨 $2.5B Oil Deal: China Secures Massive Offshore Pipeline Project in Iraq 🇮🇶🇨🇳💥

🔧 CPEC Wins Bid: China Petroleum Engineering Corp. (CPEC), under CNPC, lands a $2.5 billion contract for a major offshore pipeline project in Iraq.

🛢️ Boost to Exports: The project will expand Iraq’s offshore oil export capacity, increasing crude output and boosting vital national revenue.

🌏 China’s Energy Strategy: This deal underscores China’s commitment to securing oil from Iraq

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, one of its key energy suppliers.

📈 Middle East Presence Grows: Confirms the rising influence of Chinese firms in Iraq and the region's energy sector.

👷‍♂️ Job Creation: The construction and operation phases are expected to generate thousands of jobs for locals and contractors.

🤝 Deepening Ties: Reflects strengthening Iraq–China economic relations, especially in energy and infrastructure development.

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China Petroleum Engineering wins bid for massive offshore pipeline project in Iraq

China Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion.

This project represents an important step towards strengthening Iraq's oil export infrastructure, particularly its offshore component, which will contribute to increasing the country's capacity to pump and export crude oil.

According to economic websites, a Chinese company's winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.

This major investment reflects China's commitment to securing and diversifying its energy sources, as Iraq is one of the world's largest oil producers and a major supplier to China.

The project is expected to contribute to the creation of significant job opportunities, both directly and indirectly, during the construction and operation phases.

This pipeline could also contribute to increasing Iraq's oil export revenues, which is vital for the country's economy, which is heavily dependent on oil revenues.

This project is another example of the growing economic cooperation between Iraq and China, which includes many sectors, particularly energy and infrastructure.  link

TEXAS SNAKE: "New Forex Rates Drop Today at 2PM – Appointment Emails & 800#s Rolling Out Now!"

🔹 Texas Snake Intel – Aug 1, 2025

• 🕑 New Forex Rates Delay:
  Although the new foreign currency rates may be posted, Forex rules prevent them from being visible to the public/front end until Friday, Aug. 1 at 2 PM EDT.

• 📧 Email & 800 Numbers Incoming:
  Bankers are being told that email notifications and 800 numbers will begin rolling out on 

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  Friday, Aug. 1 .

• 📅 Appointment Scheduling Starts:
  The first official day to schedule exchange appointments is set for Monday, Aug. 4.

🌐💥 Iraq’s WTO Push Accelerates Thanks to New Global Alliance! 🇮🇶🤝📈

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🛢️ International Oil Giants Resume Operations in Kurdistan! 🇮🇶🌍

🛢️ International Oil Giants Resume Operations in Kurdistan! 🇮🇶🌍

✅ Return to Work: Several international oil companies are back in action at Kurdistan oil fields after a period of instability.

🚁 Security Concerns: Over 22 drone attacks hit vital oil facilities—investigation is still ongoing, with no final report yet to the PM.

💸 Compensation Responsibility: Kurdistan Regional Government (KRG) will compensate oil companies for amounts allocated to local use.

🛳️ Export Coordination: KRG is preparing to deliver crude to SOMO for export via Turkey’s Ceyhan port, signaling stronger cooperation with Baghdad.

🤝 Federal-Regional Agreement: This step highlights the KRG’s commitment to protect investments  and align with federal oil export policies.

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International oil companies return to operations in Kurdistan fields

A responsible source in the Kurdistan Regional Government revealed on Saturday that a number of international oil companies have resumed operations in the Kurdistan Region's oil fields.

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The source explained that "the vital oil facilities in the Kurdistan Region were subjected to more than 22 drone attacks in various parts of the region," noting that "the investigative committee has not yet submitted its final report to Prime Minister Mohammed Shia al-Sudani."

He added, "The region will bear the responsibility of compensating companies for the quantities allocated for local consumption."

He continued, "The region is preparing to deliver the ready quantities of crude oil produced by foreign companies that have gradually returned to operating in the region to the State Oil Marketing Organization (SOMO) for export via the Turkish port of Ceyhan, stressing that this step reflects the regional government's commitment to a joint understanding with the federal government to regulate the export file and protect oil investments." link

EZRA. E COHEN: "TRUMP TAKES DOWN THE FED! $97 Trillion Frozen, QFS Live, GESARA Activated, SHI Token Launched!"

🔹 BREAKING Highlights – Aug 1, 2025

🚨 Trump Seizes the Fed – QFS Goes Live – GESARA Enforced

• Federal Reserve Taken Over: Trump and the White Hats have seized control of the Fed; central banks globally are collapsing.

• QFS (Quantum Financial System):

  • Intercepted and froze over $97 trillion in shadow funds.

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  • Encrypted Redemption Wallets are now LIVE.

  • Quantum Access Cards are ready; no transactions allowed without Space Force encryption.

  • Starlink is the new financial rail.

• Global Impact:

  • Japan: Declared insolvency.

  • Euro: Collapsed.

  • Germany: Froze pensions.

  • UK: Blocked elite withdrawals.

  • U.S. Fed: Suspended forward guidance .

• Sovereign Human Initiative (SHI) Token:

  • Now active, gold-backed, biometric, and unstealable.

  • Circulating in Texas, Arizona, Nevada, and Alaska via Redemption Centers.

• Tier 3 and 4B:

  • Receiving test pings from QFS.

  • EBS (Emergency Broadcast System) to go live once 90% global compliance is achieved.

• What’s Next:

  • Public announcement of the Fed's end.

  • Debt cancellation, account audits, and sovereignty restoration.

  • IRS dismantled, Powell facing charges.

  • 430+ elite fund transfers have been intercepted.

🛑 WALKINGSTICK Alert: Iraq’s Banks Go Cold Ahead of Currency Rate Drop! ❄️💰🇮🇶

 

Read also: Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!🔊

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🌍 Development Road: Iraq & Turkey’s New Energy Era 🚛⚡

🌍 Development Road: Iraq & Turkey’s New Energy Era 🚛⚡

📦 More Than Transport: The 1,200 km “Development Road” isn’t just a trade route—it’s becoming a strategic energy bridge between Iraq and Turkey.

🇹🇷🇮🇶 Deepening Ties: Researchers confirm energy relations between Ankara & Baghdad are strengthening via this mega project.

🔋 Energy Cooperation Incoming:

• Opens doors for a long-term oil & energy pact

• Aims to prevent legal disputes and encourage joint infrastructure

🛢️ Future of Oil Transit:

• Iraq-Turkey oil pipeline could carry crude from other nations

• Turkey may emerge as a regional energy hub  between Asia & Europe

⛽ Kirkuk Oil Re-Export Plans:

• Sending crude to Mediterranean refineries through Türkiye = higher revenue & fewer supply crises for Iraq

📰 New Deal in Progress: Negotiations are underway for a modernized agreement to replace the 1973 oil transport deal, set to expire July 2026.

Read also: Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!🔊

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"Development Road" Opens The Way For A New Energy Agreement Between Iraq And Turkey.

Economy News - Follow-up  Researchers and experts confirmed on Friday that the"Development Road " project between Iraq and Turkey is no longer just a strategic corridor for transporting goods,
 
but rather a  gateway to a comprehensive energy agreement between the two countries  that could redraw the map of regional economic cooperation.
 
Turkish researcher Sercan Caliskan, who specializes in Iraqi affairs, explained, as reported by Anadolu Agency, that "relations between Ankara and Baghdad have witnessed a strategic development in the energy sector," noting that
 
"this path is directly linked to the 'Development Road' project, which extends 1,200 kilometers within Iraqi territory and aims to connect the Arabian Gulf to Europe via Turkish territory."
 
"The project is not limited to transportation and infrastructure, but  opens new horizons for regional cooperation,   especially in the energy sector,"explained Çalışkan, a researcher at the Turkish Center for Middle Eastern Studies.  

He continued: "The development path represents an opportunity to
     establish a long-term partnership that prevents legal disputes and
     builds the foundations for comprehensive cooperation on the oil and energy front."
 
For his part, Yasser Al-Maliki, an expert on Arabian Gulf affairs at the Middle East Economic Survey (MEES), said that
 
"the project falls within Ankara and Baghdad's plans to enhance their economic cooperation," stressing that  "the Iraq-Turkey oil pipeline could be used in the future to transport crude oil from other countries,  strengthening Turkey's position as a regional hub for energy transit between Asia and Europe." 

Al-Maliki pointed out that  "re-exporting Kirkuk oil to Mediterranean refineries via Türkiye would be of great importance to Baghdad, as it seeks  to increase revenues and  reduce supply-related crises."
 
Turkish sources had previously revealed that negotiations had begun between Ankara and Baghdad to reach a new, more comprehensive oil transport agreement.
 
A Turkish presidential decree was published in the Official Gazette on July 21,
indicating that the current agreement signed between the two countries in 1973 would expire on July 27, 2026. views 96   08/01/2025 - https://economy-news.net/content.php?id=58198