Sat. AM KTFA News Articles 10-22-22



Samson » October 22nd, 2022

The Iraqi company “TNFX Brokerage” wins the “Best Financial Broker in the Middle East” award

22nd October, 2022

The victory was announced in an international conference held in Dubai during 10/19-20/2022 at the World Trade Center, in which financial brokers from all over the world participated

The company’s winning of this award gives it more confidence and global reliability, as it is a private Iraqi company that originated in Iraq, and was able to make its way to global horizons in the financial markets with confident steps

This achievement comes shortly after obtaining a global license   LINK

Iraq plans to increase oil production with a Russian company


22nd October, 2022

Today, Saturday, an Iraqi oil official announced plans to increase production in the Badra field with the Russian company, “Gazprom Neft

Ali al-Wardi, an official in the Iraqi Oil Ministry, told the Russian “Sputnik” news agency that it is scheduled to increase the volume of oil production in the Badra field in Iraq with the Russian “Gazprom Neft

In response to a question about cooperation with a Russian company in the Badra field, the official said: “This is an old contract… Gazprom Neft continues to work under this contract. There are plans to increase oil production in this field

Earlier, Iraqi Oil Minister Ihsan Ismail said that Baghdad wants to sign a contract with the Russian “Gazprom Neft” to improve conditions for the development of the Badra field

“Gazprom Neft” is working in Iraq on the Badra project, and in the Kurdistan Region within the Garmian (Sarkala field) and Shakl projects

Earlier, the OPEC + countries, including Iraq, expressed their support for the decision to cut production that was approved this month. This comes after the United States said that Saudi Arabia pushed some countries in the group to take this decision, in an escalation of a war of words with Riyadh, according to Reuters   LINK


Source: Dinar Recaps


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