Gulf Keystone Petroleum Share Discussion Threads

[beernut1] 14/5/2024 06:53

KDP: Baghdad-Erbil dialogue reaches advanced stages, solutions imminent
Iraq
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KDP: Baghdad-Erbil dialogue reaches advanced stages, solutions imminent
2024-05-13 12:24


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Shafaq News/ The Kurdistan Democratic Party (KDP) on Monday said that the ongoing dialogue between Baghdad and Erbil has reached advanced stages, with solutions to outstanding issues becoming increasingly attainable.
KDP Lawmaker Shervan Sleimani informed Shafaq News Agency that "dialogue between Baghdad and Erbil is continuous, and the issue of salaries in the Kurdistan Region is progressing positively. There is good coordination and understanding between the two parties, which has resolved many disagreements and pending files." He stressed that "work is ongoing to overcome all differences between the two sides."
Sleimani highlighted the positive signs emerging from the recent Baghdad-Erbil dialogue, emphasizing that "the phase of deep and difficult disagreements has been surpassed, and we have reached a stage of 'easy' disagreements that can be resolved through adherence to the constitution and the fulfillment of rights, in accordance with the political agreement."
"Solutions have become possible and imminent between Baghdad and Erbil, especially in light of the commitment to the constitution and the principles of consensus, balance, and partnership."
The visit of Kurdistan Region President Nechirvan Barzani to Baghdad last April received positive acclaim from government, parliamentary, and social circles, particularly after his announcement of reaching a preliminary agreement to resolve outstanding issues between Baghdad and Erbil.
Upon his arrival in Baghdad on April 27, Barzani held talks with Iraqi Prime Minister Mohammed Shia al-Sudani, discussing the government's program, the implementation of political agreements, and resolving outstanding issues between Baghdad and Erbil, including oil, budget, and employee salaries.
Barzani also participated in both the Coordination Framework meeting and the regular meeting of the State Administration Coalition, which continued late into the night. He reiterated the Region's serious desire to resolve outstanding issues with the federal government in accordance with the provisions of the country's permanent constitution.
Barzani also held talks with the US Ambassador and the French Ambassador in Baghdad.
Observers noted that Nechirvan Barzani's visit to Baghdad carried many "positive indicators" and generated popular optimism.

[worldquant] 13/5/2024 20:31

No buyback RNS .Will we have one pre market?Not sure.If not they didn't buy any LOL.

[0ili0] 13/5/2024 20:26

I hope Broadfraud and SarahBigdog5 are remunerated for their part in it. 💰They can split an Ayrton between them. 😂

Sell when Todd sells. 😉
🤠🍔🍟

[worldquant] 13/5/2024 18:28

This is going majorly hostile

[worldquant] 13/5/2024 18:28

LSE lololol

[worldquant] 13/5/2024 18:20

All paid to bash

[adamrugen1066] 13/5/2024 18:09

Habshan, both broadfraud and Bigdump don't actually know what they're talking about; they just regurgitate things they half-read because they thought it sounded smart. Challenge them just even a little bit and they quickly crumple in on themselves.

[habshan] 13/5/2024 17:45

There's been a lot of negative wittering on this board and LSE by both Broadford and the dog speculating that SOMO want to reduce or eliminate Shaikan crude from the Kurdish blend and northern exports because it lowers the API and makes it too heavy.

Some 24% of Federal Iraq's exports are of Basrah Heavy which has an API of less than 24.

"Basra Heavy API drops .39 degrees to 23.82 in April, the lowest figure since Basra Heavy's inception. Basra Heavy loadings as a percentage of total loadings at 23.7% of total loadings"

Saudi Arabia's Arab Heavy has an API of 27.8.

Whereas the Kurdish Blend which includes Shaikan crude is lighter than both of them with an API of 29.

"Shaikan has been blended in since October 2017 and that has decreased the overall API to around 29 degrees, from around 31 degrees it previously was."

So if Basra Heavy and Arab Heavy are good the Kurdish blend is even better.

"Basrah Heavy, which is a heavy sour crude, has a new API of 24 and 4.05% sulfur. Basrah Light and Basrah Heavy were initially marketed by SOMO with API of 34 degrees and 26 degrees, respectively, but these grades have been much heavier in recent years as new oil fields came on stream, changing their quality."

So all is well.

[fardels bear] 13/5/2024 17:02

Wouldn't fancy the Iraqi army against the Peshmerga

[habshan] 13/5/2024 16:57

You couldn't make it up.

Broadford 2 hours ago on LSE - "As for trying to cause negativity, a bit more objectivity here would be welcome..."

Broadford - "If the situation continues as is (deadlock) then at some point the Iraqi army will attack and sequester the Export Pumping Station at Faysh Khabur."

Of course Broadford is never negative, he's just being objective.

The guy's a loon.

[redbed] 13/5/2024 16:43

Should be an RNS shortly if they bought any today

[johnbuysghost] 13/5/2024 16:24

Agree highlander, he's a poor troll.

[shortsqueezer] 13/5/2024 16:18

Indeed. Remember just a few months ago late December we were at 28000bpd and the market didn't like it. Prior to that we were at 140 share price We get crucified on anything less than good news yet stifled on good news like today. I get the feeling that things are changing though and the board are not putting up with it any more.

[pittcock] 13/5/2024 16:05

Some tosh being spouted on lse by the usual suspects.

[pittcock] 13/5/2024 16:00

Shenanigans to bail out the shorts

[milliecusto] 13/5/2024 15:56

I see broadford bay and Belgrano are working over time to talk oil api again and Pipeline, for guys that are not invested sure working a shift to deramp

[ozzmosiz] 13/5/2024 15:56

Only 6.8% up on that RNS, crazy

[sbb1x] 13/5/2024 15:08

Gap to fill @120

[bozzy_s] 13/5/2024 15:01

Strong update today. Cash up from $82m 31/12/23 to $98m 10/5/24. So roughly $4m a month surplus - including a relatively weak Jan / Feb. Should be clearing $6m - $8m a month at current prices/production rates.

Focus has been on reopening the pipeline, with about 4,000 posts on the other thread over the past 14 months suggesting it's imminent. But it's good to know the company has some sort of a future without it.

[redbed] 13/5/2024 14:59

They will be published stats after the close.

[jackpotjack] 13/5/2024 14:52

Looks like GKP are buying up to £1.30 for now