Genel Energy Share Discussion Threads

[geckotheglorious] 25/9/2023 11:07

From "Malcy"

"Comment from SOMO, the Iraqi State marketing company that said that Kurdistan region’s oil export is expected to be resumed as a test through the Iraqi-Turkey Pipeline ‘soon’. Clearly no official comment and we have heard these rumours before but maybe this time…?


Kurdistan Region oil export resumption to be 'piloted', says SOMO source
Turkish, Iraqi, and Kurdistan Region officials have since been in negotiations to resume the oil flow.

[maxplus2] 25/9/2023 08:39

GKP have started production through pipeline

[kris akabusi] 15/9/2023 15:25

twisted firestarter rofl

booooooooooooooooooooooooooooooooommmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

[firestarter1] 15/9/2023 13:24

Yeah but the pump works on gkp Genl is one of the worst ones which does f all

[geckotheglorious] 15/9/2023 13:16

GKP up 20% - someone knows something about timetable for pipeline reopening!

[firestarter1] 15/9/2023 13:15

Shorts are too strong here

[losses] 15/9/2023 12:59

Once the budget and pipeline resolved it could easily double from here. Shorters be aware

[firestarter1] 15/9/2023 12:27

This willGo down

[maxplus2] 15/9/2023 12:13

GKP is going up.

[king_baller] 06/9/2023 21:51

Kurdistan producers price are ultra leveraged to the oil price right now. The higher oil goes the more important the Turkey pipeline re-opens. For USA presidential elections, Turkey and Iraq.

[king_baller] 28/8/2023 17:27

Hopefully some US pressure gets things sorted sooner. From oil price.com.

‘The United States considers Kurdistan’s oil and gas industry an important source of supply, the newly appointed US Consul General to Erbil said on Monday.

Mark Stroh, who was recently appointed as the new US Consul General to the capital city in the Kurdistan region, met with Kurdistan’s Minister of Electricity, Kamal Mohammad Saleh, to discuss the energy and oil industries, according to a readout from the meeting reported by Shafaq News.’

[losses] 25/8/2023 10:28

The Kurdistan Regional Government (KRG) and the Iraqi Oil Ministry have prepared separate oil and gas bills, which are scheduled to be discussed next week.On 24-08-2023, the Kurdistan Democratic Party (KDP) faction in the Iraqi parliament met with the Kurdistan Regional Government (KRG) negotiating delegation to Baghdad.Chiayi Taymour, a member of the Iraqi parliament from the Kurdistan Democratic Party (KDP) faction, told Rudaw that two projects have been prepared by the Kurdistan Regional Government (KRG) and the Iraqi Oil Ministry.The Kurdistan Regional Government (KRG) delegation is scheduled to return to Baghdad next week to discuss outstanding issues."Talks between the two delegations from Erbil and Baghdad are scheduled to resume next week," he said.On August 5, 2023, the first meeting to discuss the oil and gas bill was held in Baghdad with the participation of a delegation of the Kurdistan Regional Government, Foreign and Oil Ministers of the Iraqi Federal Government, representatives of oil and gas producing provinces."The Kurdistan Regional Government (KRG)'s proposal is to give the regions the power to explore, produce and export oil and conclude contracts," Spian Sindhi, a member of the Iraqi parliament from the Kurdistan Democratic Party (KDP) faction, told Rudaw.According to the sixth paragraph of Article 13 of the Iraqi General Budget Law, the transfer and sale of oil in the Kurdistan Region will be in force until the Oil and Gas Law is passed. The main provisions of the budget are that the Kurdistan Region will deliver 400,000 barrels of oil per day to the federal government and receive financial entitlements in return.In 2007 and 2011, two oil and gas bills were prepared by the Iraqi government and sent to parliament, but were not voted on due to disagreements between the parties."Iraqi Prime Minister Mohammed Shia Sudani has decided to form a committee of three ministers from the three communities of Kurds, Shiites and Sunnis," Nehro Rwandzi, deputy chairman of the Iraqi parliament's oil and gas committee, told Rudaw on Monday Resolving the oil and gas bill

[mickinvest] 24/8/2023 12:36

DNO on Thursday said its flagship Tawke field was now producing at a rate of 40,000 barrels of oil per day (bpd), down from 44,400 in the first quarter, while the nearby Peshkabir field remained shut.

“While there is no light at the end of the export pipeline, we are seeing the headlights of more and more incoming tanker trucks loading up our Tawke cargoes on a cash-and-carry basis,” DNO Executive Chairman Bijan Mossavar-Rahmani said in a statement

[king_baller] 22/8/2023 13:49

IRAQ HAS NOT REACHED AN AGREEMENT WITH TURKEY ON TUESDAY TO ALLOW AN IMMEDIATE RESUMPTION OF NORTHERN OIL EXPORTS – SOURCES.

IRAQI OIL MINISTER AND HIS TURKISH COUNTERPART HAVE AGREED TO HOLD FURTHER TALKS IN THE FUTURE TO DISCUSS OIL EXPORT RESUMPTION – SOURCES.

@financialjuice

[farrugia] 22/8/2023 08:17

the pantomine continues

Iraq seeking agreement with Turkey to resume Kurdish oil exports

[alfiex] 18/8/2023 07:16

hTTps://oilprice.com/Latest-Energy-News/World-News/Kurdistan-Oilfield-Restarted-Despite-Ongoing-Export-Halt.html?_gl=1*1rtg8ke*_ga*ZWF4dWZpZHBDTFhUd1FleWRWMWlLTnZFeEhwcE9QVTNnWEJYN3lDMFV0TzYzUWtHTEp5RlZyUnBuTDJfUmdxYg..

[petebreeze37] 17/8/2023 16:17

"Just can’t understand how they can afford to shut the line for 4 months"
I would guess that amongst other reason the yanks are meddling in much more than oil and was.