TNT UPDATE, 14 DEC

TNT:Thursday UPDATE for December 13, 2018Wednesday -VP Pence reportedly congratulated Iraq on forming and completing their government. [even though the public announcement is still missing?]The Green Zone is slowly returning to normal with a completion expectation of January 1, 2019.Parliament is making major effects to launch the public sector, according to a spokesperson. Thursday -Iraqi TV

RV/INTELLIGENCE ALERT , 14 DEC

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not be accurate. Other confirmed sources may also be included in this overview.)

Sources have been informed of a temporary information blackout as of today.

The upcoming Brexit vote is a “domino effect” trigger for the remaining geopolitical obstacles

IQD CHAT, 14 DEC

chattels   Sunni rift over Ministry of Defence widens By Rudaw http://www.rudaw.net/english/middleeast/iraq/121220183chattels   ERBIL, Kurdistan Region – The rift between rival Sunni camps in the Iraqi parliament over the position of minister of defence widened after one side offered the position to a Shiite.Mohammed al-Halbousi, speaker of the Iraqi parliament and member of the Sunni National

MNT GOAT UPDATE, 14 DEC

Hi Everyone,I bring you much news today.If you are normally lazy in reading my Newsletter you better change your mind today and read this one from cover to cover.I have some simply amazing news for you today. This is news that no one wants to miss. No one else can put together and understand it.Yes, you are not going to get this news for these idiotic gurus. Of course they will all take my

DELTA UPDATE, 14 DEC

Doodlebug » December 12th, 2018IMOO, interesting timing of this action by our President…President Trump is going to sign an Executive Order today titled “Opportunity Zones”. This Executive Order would encourage Private Investors to invest in low income zones.You can take your Capital Gains and invest it say, long term 5 years, and get 10% reduction on the taxes that you would owe on the

TNT CC NOTES, 13 DEC

TNT SHOWTIME CC (Cliff notes by Sunny) Replay: 641.715.0623, PIN CODE 409029#AUDIO REPLAY Ray: . . . Just jump in. No updates were sent out since the last call. RAY, TNT CHAT POSTS, Wednesday, Dec 12, 2018: [ukgalone] Ray is something positive going to happen today??? [rayren] – IT’S SUPPOSED TO……WE SHALL SEE. jcnoble]: Did Iraq vote on the 4 ministers today? [rayren] LOL….VOTING ON MINISTERS IS

EUR 57.5m Contracts to Support Mosul Recovery

EU Signs Contracts of 57.5 Million Euros with UN to Support Mosul Recovery, Promises Additional 20 Million Euros Next Month

A delegation from the United Nations in Iraq and the European Union Mission to Iraq yesterday toured a number of EU-funded and UN implemented projects in Mosul, seeing first-hand the clearance, stabilization, rehabilitation and development work undertaken in the northern Iraqi city more than a year after its liberation from Da’esh.

Illustrating the joint efforts in post-Da’esh Iraq, the EU signed a contract with the UN Development Programme (UNDP) worth 47.5 million euros, another with UN Mine Action Service (UNMAS) totaling 10 million euros, and announced 20 million euros in additional support for UNESCO as well as a further 15 million support for FAO, to be signed in January 2019.

The conflict with Da’esh has destroyed many areas of Mosul and Ninewa Governorate, and displaced a large number of the population. Since the military defeat of Da’esh a year ago, many people have returned, encouraged by the efforts to ensure a secure and safe environment. Some areas still lack basic services, and the UN, in support of the Iraqi authorities, are working to ensure a decent living for the people to facilitate the dignified return of Internally Displaced Persons (IDPs).

The delegation called on the Governor of Ninewa, Nawfal Al-Agoub, after which a signing ceremony was held.

EU Director for Development Cooperation for Asia, Central Asia, Middle East/Gulf and the Pacific Region, Pierre Amilhat, said:

“The Iraqi people have suffered enough, and the country is on the cusp of entering into a renewed phase of state-building. Today exemplifies the strong commitment the EU along with its UN partners have in shouldering Iraq in this critical phase. With the territorial defeat of Da’esh, all of us together have a window of opportunity to build an inclusive and accountable country and restore the trust between the people and their Government. This multi-pronged initiative will join the dots between the various reconstruction components, and significantly contribute to the betterment of the Iraqi people”.

UNDP Resident Representative a.i. for Iraq, Gerardo Noto, said:

“We are grateful to EU for our excellent partnership. We jointly help people of Iraq so that no one is left behind as all UN Members Countries committed in the Agenda 2030 and Sustainable Development Goals (SDGs). This is yet another practical example of support to the authorities and citizens of Iraq in regaining the trust of the local communities and rebuilding the state institutions towards a new social contract to sustaining peace and sustainable development”.

Earlier, the EU-UN delegation visited the Old City, site of some of the worst fighting – and destruction. They inspected the reconstruction work at the Al-Nuri Mosque, a symbol of Mosul’s history and culture that Da’esh deliberately destroyed its landmark leaning minaret before their retreat from the city. The work is part of ongoing projects to repair heritage sites by UNESCO throughout Mosul Old City’s funded by the EU.

UNESCO has launched “Revive the Spirit of Mosul”, an initiative that has the support of the Government of Iraq and in line with the Initial Planning Framework for Reconstruction of Mosul, which was jointly developed by the United Nations Human Settlements Programme (UN-Habitat) and UNESCO in collaboration with the Governorate of Ninewa, to rehabilitate Mosul’s rich and diverse cultural heritage. Restoring the identities within the communities of Mosul and other liberated areas of Iraq contributes to reconciliation and promotes more just, peaceful and inclusive societies.

“UNESCO is very grateful to the EU for its contribution to the reconstruction and restoration of the Old City of Mosul, in the context of the UNESCO ‘Revive the Spirit of Mosul Initiative’. This support contributes to the physical reconstruction of one of Iraq’s most emblematic historical cities, which has been severely damaged and destroyed. It also benefits directly the local community – by providing skills and jobs to thousands of young people” stated Louise Haxthausen, Head of UNESCO in Iraq. “We are particularly pleased that part of this contribution is dedicated to the urban rehabilitation of the old city of Basra, another highly significant historical city of Iraq,” added Louise Haxthausen.

UN-Habitat and UNDP are also working together in Mosul to rehabilitate damaged houses, repair secondary infrastructure, retrofit public facilities such as schools to promote the environmental responsiveness of buildings, and involve youth in redesign of public open spaces. Yuko Otsuki, Head of UN-Habitat in Iraq, expressed gratitude for the EU support “to continue improving the living conditions of Iraqi population through urban recovery investments and job and income generating opportunities in conflict-affected areas.”

The delegation toured Mosul University, once a major centre of learning in Iraq that Da’esh turned into a command post and weapons cache. Mosul University, Iraq’s second largest university, has suffered major damage, and it is estimated that rehabilitation work would require 350-500 million dollars. The university was cleared of explosive hazards, included Improvised Explosive Devices (IEDs).

The work of UNMAS lies at the core of the stabilization and rehabilitation work. Mindful that no stabilization work and return of IDPs can be sustainable without ensuring a safe environment, the EU signed a contract granting UNMAS 10 million euros to continue the clearance of contaminated hospitals, schools, roads, bridges, religious sites and neighborhoods.

“We are very grateful for the support provided by the international community and more specifically by the EU. With this contribution, UNMAS Iraq will be expanding the clearance capacity in Mosul and also deploy capacity in Sinjar,” said Pehr Lodhammar, UNMAS Iraq Senior Programme Manager.

The group also visited the Ninewa Directorate of Agriculture where they were briefed about a project supported by the EU and the UN Food and Agriculture Organization (FAO) to support recovery of agricultural livelihoods by revitalizing of food production, value chains and income generation in Ninewa.

“I am so pleased to see the EU has agreed to help us rehabilitate key facilities and equipment of the Directorate as well as rebuilding livelihoods for so many smallholder farmers. Creating jobs in this heart land of agriculture is really key to community stabilization,” said Dr Fadel El-Zubi, FAO Country Representative in Iraq.

The EU has contributed a total of 184.4 million euros since 2016 to support stabilization and humanitarian efforts undertaken by the UN in support of the Government of Iraq.

(Source: UN)

Iraq’s GDP to Grow 4.1%

By John Lee.

GDP growth in Iraq is expected to hit 4.1 percent in 2019, up from 2.8 percent this year, acccording to data from Moody’s.

The gain is based on an expectation of oil prices averaging $75 per barrel, and would be the highest level since 2016’s 13.1 percent expansion.

The National quotes the report as saying:

“Higher oil prices and output, as well as an expected increase in investment spending because of the improved security situation, have bolstered Iraq’s economic outlook … However, oil price volatility and potential further social unrest that could weaken Iraq’s economic infrastructure, as well as Iraq’s vulnerability to environmental risks, exacerbated by outdated infrastructure are continued risks to growth.”

More here

[In April, Fitch predicted 4.5 percent growth for 2019. – Ed.]

(Source: The National)

Increased Oil Production at Halfaya

By John Lee.

Production at Halfaya oilfield has reportedly increased by 100,000 barrels per day (bpd) to a total of 370,000 bpd.

Adnan Noshi, head of Maysan Oil Company, told Reuters that output rose after the completion of a new oil processing facility.

A further increase to 470,000 bpd is expected next quarter.

(Source: Reuters)

Deloitte report on Kurdistan Oil and Gas – Q2, 2018

Fourth Deloitte report on Oil and Gas Review in the Kurdistan Region, Iraq – Q2 of 2018

Today, Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 April 2018 to 30 June 2018, after a review of the sector by the international “Big 4” audit and consulting firm, Deloitte.

The Regional Council for Oil and Gas Affairs acknowledges the positive feedback received from stakeholders, including the international community, and reiterates its commitment to the people of Kurdistan that the two international audit firms, Deloitte and Ernst & Young, will continue to independently review the oil and gas sector, inclusive of all the streams.

As part of our arrangement with international auditing firms, it was agreed that both auditing firms will assist Kurdistan Regional Government in training and developing local resources. The Regional Council for Oil and Gas Affairs, in coordination with Deloitte, arranged a 3-days Oil and Gas training workshop, from 23-25 October 2018, which was attended by 15 participants from Board of Supreme Audit.

This was the first batch from Board of Supreme Audit receiving industry training and a plan is being prepared for more training of selected candidates from Board of Supreme Audit to equip-them with modern auditing techniques and oil and gas industry knowledge.

  1. Deloitte’s report for the second quarter of 2018 is accessible through this link (PDF), in Kurdish, Arabic and English.
  2. Frequently asked questions handbook (PDF) in Kurdish, Arabic and English to help readers better understand different sections of the report.

The report for Q1 can be found here.

(Source: KRG)