Gulf Keystone Petroleum Share Discussion Threads

[justiceforthemany] 27/3/2024 16:27

Where's big fat dog today?

[spark plug] 27/3/2024 16:23

China can have mine at £100 each!

[hugetakeaway] 27/3/2024 16:20

Try Iraq wants China in and USA out of Shaikan....

[habshan] 27/3/2024 16:15

US Assistant Secretary of State for Global Energy Policy Geoffrey Payat - "I am aware that the Iraqi government wants to invite other foreign companies to renew the energy sector and increase clean energy for Iraqis, but this will be difficult until the problem of the Iraqi-Turkish oil pipeline is resolved," he said."

Sounds like a warning.

If international energy companies see that if a new government comes into power in Iraq and decides not to honour internationally recognised legally binding contracts because they don't like them then they won't want to invest in your country will they Mr Sudani.

Will they Mr Sudani.

[hugetakeaway] 27/3/2024 15:53

GKP have had 60,500 preferential shares for 15 years.Some time last year they have been converted to ordinary (voteable) shares......Looks like GKP ready to do some corporate shenanigens?'HTTPS://x.com/ChicagoJack5/status/1772977324167688343?s=20

[habshan] 27/3/2024 15:27

Habshan 3 days ago - "We're only 8 months away from the US Presidential elections and Biden needs the pipeline open to help keep gasoline prices as low as possible as it's a major issue in US elections. It's a major issue for him."

Broadford - "I really don't think so. There is a growing view in the US that the corrupt Kurds need their wings clipped."

US Assistant Secretary of State for Global Energy Policy Geoffrey Payat said today - "The resumption of oil exports from the Kurdistan Region is an energy source that the United States seriously wants to resume."

Well there you go.

[luckyclicker] 27/3/2024 15:10

This issue will be part of the discussions when the Iraqi prime minister comes to Washington and I will be part of those discussions," he said I attended the meeting between Blinken and Fuad Hussein." "I am aware that the Iraqi government wants to invite other foreign companies to renew the energy sector and increase clean energy for Iraqis, but this will be difficult until the problem of the Iraqi-Turkish oil pipeline is resolved," he said

[luckyclicker] 27/3/2024 15:07

https://www.rudaw.net/sorani/business/270320244

[luckyclicker] 27/3/2024 15:07

"We are in constant talks with officials from Ankara, Baghdad and the Kurdistan Region on the issue of resuming oil exports from the Kurdistan Region," US Assistant Secretary of State for Global Energy Policy Geoffrey Payat told Rudaw. "The resumption of oil exports from the Kurdistan Region is an energy source that the United States seriously wants to resume," Geoffrey Payat, director of Rudaw's Washington bureau, said today. "The export of oil from the Kurdistan Region is an economic resource for the Kurdistan Region, as well as a source of energy for Europe, which is looking for non-Russian energy sources," he said.

[mmt1] 27/3/2024 13:53

Antony Blinken Meets With Iraq Foreign Minister Faud Hussein - Forbes



Note that water and energy both mentioned in relation to Sudani visit.... bit vague in context - but thats like any press briefing following some visit or other.

[furenstaurus] 27/3/2024 13:37

GKP have had 60,500 preferential shares for 15 years.Some time last year they have been converted to ordinary (voteable) shares......Looks like GKP ready to do some corporate shenanigens?'HTTPS://x.com/ChicagoJack5/status/1772977324167688343?s=20

[furenstaurus] 27/3/2024 13:31

Looks like GKP ready to do some corporate shenanigens?'HTTPS://x.com/ChicagoJack5/status/1772977324167688343?s=20

[milliecusto] 27/3/2024 13:25

Nothing concrete, just encouragement

[mmt1] 27/3/2024 13:23

From yesterday, not sure if posted...

hxxps://english.ahram.org.eg/NewsContentP/50/520017/AlAhram-Weekly/Turkey%E2%80%99s-difficult-inroads-into-Iraq.aspx



Yet, Turkey has repeatedly turned down requests from Iraq to finalise an agreement on how the water flows from the two rivers should be managed during and following periods of drought or shortages in Iraq.

Another sticking point is Turkey’s halting of the flow of oil through the Iraq-Turkey pipeline after the International Chamber of Commerce (ICC) ruled in favour of Baghdad and against Ankara in allowing the Kurdistan Region to begin independent oil exports through the 970 km pipeline that was built under a 1973 transit agreement.

To avoid paying penalties imposed by the ICC and in another legal case in a US court started by Baghdad to reinforce the ruling, Ankara wants Baghdad to amicably settle the dispute before it reopens the loading terminals of the 450,000 barrels per day (bpd) at the Turkish port of Ceyhan.

[worldquant] 27/3/2024 13:23

Looks like GKP ready to do some corporate shenanigens?
'

[beernut1] 27/3/2024 13:20

U.S. Encourages Better Ties Between Baghdad and Erbil, including Resumption of KRG Oil Exports
“The Secretary encouraged efforts to enhance the Baghdad-Erbil relationship,” which will “bring economic benefits to all Iraqis," and "promote stability and security." author_image Laurie Mylroie
4 Hours

Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein (left) shaking hands with U.S. Secretary of State Antony Blinken, March 26, 2024. (Photo: U.S. Secretary of State Antony Blinken/ X)
Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein (left) shaking hands with U.S. Secretary of State Antony Blinken, March 26, 2024. (Photo: U.S. Secretary of State Antony Blinken/ X)
World Antony Blinken Fuad Hussein
WASHINGTON DC, United States (Kurdistan 24) –U.S. Secretary of State Antony Blinken met with Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein on Tuesday.

Hussein has been in Washington since Friday to prepare for the visit of Iraqi Prime Minister Mohammed Shia’ al-Sudani next month.

Read More: Iraqi Prime Minister to Make First Visit to Washington

Sudani’s visit follows that of the Kurdistan Regional Government (KRG) Prime Minister, Masrour Barzani a month ago.

Read More: U.S, KRG Hail ‘Long Partnership,’ as Blinken, Barzani Meet

Together, the two visits signal a major new U.S. Initiative to address problems in Iraq that the administration had previously ignored in the mistaken belief that the Middle East was quiet and they were, in fact, handling the region better than their predecessors.

Of course, Hamas’s bloody Oct 7. cross-border assault on Israel revealed that as a total illusion.

Indeed, if that was also the view of U.S. intelligence—the Middle East was quieter than it had been in two decades—then there was also a major intelligence failure in addition to a policy failure.

Blinken-Hussein Meeting

In Tuesday’s meeting, Blinken raised the issue of relations between Iraq’s federal government and the Kurdistan Regional Government (KRG), including the issue of the KRG’s oil exports, which have been blocked for over a year.

“The Secretary encouraged efforts to enhance the Baghdad-Erbil relationship,” the U.S. read-out of their meeting stated. This, it added, would “bring economic benefits to all Iraqis, improve Iraq’s energy independence, strengthen Iraq’s ability to fully exercise its sovereignty, and promote stability and security for all Iraqis.”

The importance of re-starting KRG oil exports was underscored in the State Department press briefing on Tuesday.

State Department Spokesperson Matthew Miller affirmed, “The U.S. has been engaged at the most senior levels” on this issue, “and we have urged all parties to reach an agreement to resume the flow of oil through this pipeline [to Ceyhan, Turkey.]”

“We believe that restarting oil exports through the pipeline would be mutually beneficial to all parties,” he continued, “and because of that reason, that’s why we’ll continue to pursue it.”

Same Point Made by White House

Hussein arrived in Washington last week. Among his first meetings was one at the White House with Amos Hochstein, Special Presidential Coordinator for Global Security and Energy Security.

Read More: Iraqi Deputy Prime Minister and Foreign Minister meets U.S. officials ahead of Prime Minister’s Visit to Washington

Hochstein “expressed his country’s readiness to enhance ways of cooperation, especially in the field of energy, oil, and gas, hoping to solve the oil issues between the Federal Government and the Region,” according to the Iraqi read-out of their meeting.

Thus, the U.S. has made its position clear: it wants to see KRG oil exports resumed. But it remains to be seen just how and when that will happen.

[beernut1] 27/3/2024 13:18

Maybe in anticipation of Kurdistan oil restarting 🤞😩

Iraq raises 2024 budget by 15%, surprising parliamentarians
Iraq
Iraq
Iraq raises 2024 budget by 15%, surprising parliamentarians
2024-03-27 13:12


Font
Shafaq News/ Iraq's government has raised the volume of its 2024 budget by 15%, to 228 trillion dinars ($155 billion)- to the surprise of the parliamentary finance committee, which said the decision was "unrealistic" and would worsen the deficit.
Committee member Moeen al-Kadhimi, told Shafaq News agency that the government had not explained the reasons for the raise, which came despite a lower-than-expected budget deficit in 2023.
"We, in the finance committee, were surprised that the government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget," the lawmaker said. "This is a large raise, while the amount spent in 2023 was 142 trillion dinars."
He said the committee members had told the government that the budget should be "realistic, not just aspirational."
The increase in the budget will also increase the deficit, he said. "The budget is still being finalized by the cabinet and is expected to be sent to parliament next month."
The 2024 budget is based on an oil price of $70 per barrel, with oil exports expected to average 4.2 million barrels per day. The budget also includes a 10% increase in salaries for public sector employees. Iraq's economy is heavily dependent on oil exports, which account for more than 90% of government revenue. The country has been struggling to rebuild its economy after years of war and conflict.

[furenstaurus] 27/3/2024 13:06

Fill yer BOOTS.A free hit. fill yer BOOTS..https://twitter.com/BurggrabenH/status/1772660072578986443?t=6BtCOuQZGgkuCQ6O0SRNNA&s=19

[furenstaurus] 27/3/2024 12:47

Valuation poll, whilst we wait for M+A....HTTPS://twitter.com/GoodnightCharl1/status/1772928419178635344?t=myKnN1ah26m5hwYJJLfl8A&s=19

[johnbuysghost] 27/3/2024 12:43

Everyone now realises how much GKP is actually worth.

I'll go with a modest £110 per share.

[arcadian] 27/3/2024 12:14

Or demerger-- you never know but unlikely I grant you.

[pittcock] 27/3/2024 12:13

As long as GKP gets paid I give not a phuck through which conduit the oil goes.

[worldquant] 27/3/2024 11:57

Valuation poll, whilst we wait for M+A...
.

[milliecusto] 27/3/2024 11:54

Genl not showing anything positive