Yankee Doodle Condog clearly desperate.lol. Its wakey wakey on the East Coast across the pond , and for the 30,500th ++ time Yankee Doodle Condog posts AND ONLY EVER ON THIS STOCK ( barely credible - LOL ) the paid American sentiment basher clocks in for work.If CARLSBERG did BUY signals.FILL YER BOOTSTAKEOVER RNS INCOMINGTHIS MONTH.HTTPS://x.com/ChicagoJack5/status/1787790142574325840 |
highlander720 Jan '25 - 13:07 - 716946 of 716948
0 7 0
PUTUP on LSE
"I think he has the decimal point in the wrong place and really means £190.00"
Lol, lol, lol.
"Exxon and Chevron hovering"!!!!!!
Lol, lol, lol.
Thanks for the laughs gullible fantasists.
Its hilarious that you morons believe that they want the shaiCON sludge, lol. |
As predicted share price coming back nicely. Expecting good things tomorrow |
PUTUP on LSE
I think he has the decimal point in the wrong place and really means £190.00 |
PUTUP on LSE
LOLOLOLOLOLOLOL |
 https://shafaq.com/en/Kurdistan/Al-Azm-Alliance-urges-action-on-18B-oil-export-loss Shafaq News/ On Monday, the Al-Azm Alliance head, Muthanna al-Samarrai, called on Iraq's parliament to urgently pass budget amendments to address the $18 billion economic losses caused by the suspension of oil exports from the Kurdistan Region."The oil sector is the backbone of Iraq's economy," al-Samarrai stated, warning that "the ongoing export halt, along with a partial suspension of Kirkuk's oil, has cost the country over $18 billion in recent months."He attributed the export halt to "technical issues" surrounding production and transportation costs, as well as outstanding payments to international oil companies operating in the Kurdistan Region.Al-Samarrai highlighted the disparity in production costs, noting that "Basra oil fields average $6 per barrel, whereas some fields in the Kurdistan Region exceed $20 per barrel.""The $16 production cost referenced in the proposed budget amendment is only a preliminary figure, subject to review by advisory bodies and the Federal Board of Supreme Audit."The Al-Azm Alliance leader underscored the urgency of passing the amendment to stabilize Iraq's economy, address fiscal deficits, and ensure oil revenue provisions are upheld."Oil exports are managed through the State Oil Marketing Organization (SOMO) in accordance with constitutional guidelines and Federal Supreme Court rulings."Al-Samarrai concluded by urging lawmakers and coalition leaders to support the budget law amendment, stressing that immediate action is essential to safeguard Iraq's economic stability.Since the suspension of Kurdistan Region oil exports on March 24, 2023, the Federal Oil Ministry has compensated for the 400,000-barrel-per-day shortfall by increasing exports from southern provinces to maintain Iraq's OPEC production quota. |
#GKP #GENL $DNO $HKN $SNM
@apikur_oil
Budget amendment added to agenda for tomorrow - 1st item on the agenda!
Here we go! |
https://shafaq.com/en/Report/Kurdistan-Oil-Company-A-path-to-resolving-oil-disputes Shafaq News/ The ongoing disputes over oil resources and revenue sharing between the Iraqi federal government and the Kurdistan Regional Government (KRG) have long been a source of tension, hindering the Iraqi national unity and its economic stability.Historical BackgroundOil has been a cornerstone of Iraq's economy since its discovery in the early 20th century. The development of the oil sector has been closely tied to Iraq's political trajectory, with periods of nationalization, international partnerships, and conflicts over resource control. Following the 2003 US-led invasion of Iraq, the country adopted a federal system that granted regions, including Kurdistan, significant autonomy.Under the 2005 Iraqi Constitution, the Kurdistan Region gained considerable authority over its natural resources. Article 112 and Article 115 of the constitution allow the KRG to manage all the oil fields discovered after the constitution's ratification. However, disputes arose over the interpretation of these provisions, particularly regarding revenue-sharing mechanisms and the rights to sign contracts with international oil companies (IOCs).Ongoing Strains And ConflictsBaghdad insists on central oversight of all oil exports and revenues, arguing that oil is a national resource that should benefit all Iraqis. In contrast, the KRG maintains that its constitutional rights grant it autonomy over the extraction and export of oil within its territory.These disagreements have often led to budgetary disputes. For years, Baghdad has withheld budget allocations to the KRG, accusing it of failing to meet production-sharing commitments. Meanwhile, Erbil has accused Baghdad of undermining its economic stability by using budget allocations as a political tool.The situation reached a breaking point in 2022 when a ruling by Iraq's Federal Supreme Court deemed the KRG's oil and gas law unconstitutional. While the Iraqi federal government claims sovereign authority over all oil production and exports, the KRG has independently managed its oil sector, exporting crude via Turkiye's Ceyhan port and bypassing Baghdad. The 2023 arbitration ruling by the International Chamber of Commerce (ICC) in favor of Iraq, which temporarily halted oil exports through Ceyhan, underscored the urgency of finding a sustainable resolution.These continuous tensions were addressed by Kurdistan Region President Nechirvan Barzani during his meetings with Iraqi officials in Baghdad this month.Barzani's visit to Baghdad aimed to resolve ongoing disputes over salaries, entitlements, and oil exportation-a process currently stalled due to high extraction costs for companies operating in Kurdistan.Speaking to Shafaq News Agency, parliamentary finance committee member Moeen Al-Kadhimi confirmed that the committee met with representatives from Iraq's Ministry of Finance to discuss budget implementation for 2024. "The approved budget for 2024 is 211 trillion Iraqi dinars, but actual spending has been 156 trillion dinars so far, with revenues totaling only 137 trillion dinars. The deficit has been covered through loans," Al-Kadhimi explained.He stressed the importance of a realistic 2025 budget, suggesting it should not exceed 150 trillion dinars. Once the revised budget law is approved by parliament, adjustments will account for Kurdistan's oil extraction and transportation costs, which range from $6 to $16 per barrel.In parallel, the parliamentary oil and gas committee has been working on amendments to the budget law that pertain to Kurdistan's oil sector. Committee member Basem Al-Gharibawi emphasized that any changes must comply with Iraqi law and the constitution.Proposals under discussion include amendments to Article 12 of the budget law, which would facilitate the formation of a "General Company for Kurdistan Region Oil." This entity, modeled after existing state oil companies, would operate under Iraq's Ministry of Oil and oversee the extraction and exportation of oil in Kurdistan. "This proposal aims to resolve longstanding tensions between Baghdad and Erbil," Al-Gharibawi said.What Could Be Done Next?In light of these challenges, the idea of establishing the Kurdistan Regional Oil Company (KROC) has gained traction as a potential solution. Modeled after Iraq's state-owned oil companies, such as the North Oil Company and South Oil Company, KROC would operate under the supervision of the federal Ministry of Oil. This structure aims to reconcile the constitutional autonomy of the KRG with Baghdad's demand for central oversight.The proposed company would handle the extraction, transportation, and exportation of oil from the Kurdistan Region, ensuring transparency and compliance with federal regulations. By creating a direct link between the KRG and the federal government, the KROC could help rebuild trust and establish a framework for equitable revenue sharing. Additionally, it could address concerns from IOCs about legal and financial stability, encouraging renewed investment in Kurdistan's oil sector.Potential Challenges And ImplicationsWhile the establishment of KROC presents a pathway to resolving disputes, significant challenges remain.Politically, it requires consensus between the KRG and Baghdad, as well as legislative amendments to Iraq's budget and oil laws. These negotiations are likely to be contentious, given the deep-seated mistrust between the two sides.Economically, the success of KROC hinges on its ability to balance the interests of multiple stakeholders, including the federal government, the KRG, and IOCs. Ensuring transparency in revenue distribution and operational efficiency will be critical to its credibility. Additionally, KROC must address technical challenges, such as the cost of oil extraction in Kurdistan, which is higher than in other parts of Iraq due to the region's geology. |
SP recovering as expected. |
https://x.com/john78846295/status/1881310623201702308 Budget amendment added to agenda for tomorrow - 1st item on the agenda! |
https://shafaq.com/en/Kurdistan/KRG-Baghdad-reach-agreement-to-resolve-key-disputes Shafaq News/ A green light has been signaled to resolve all outstanding issues between the Kurdistan Regional Government (KRG) and the federal government, sources revealed on Monday.The sources told Shafaq News Agency that the unresolved issues include the salaries of KRG employees, oil exports and their revenues, as well as future dealings under "clear, standardized" procedures for calculating the state's financial resources based on official disclosures.The sources added that "an initial agreement on oil extraction and exports is expected to be reached, ensuring that the export process and its revenues are conducted in accordance with the procedures of the State Oil Marketing Organization (SOMO) and market-approved pricing."The agreement, however, will not take effect until it is discussed and voted on during the weekly Cabinet meeting, the sources noted.A KRG delegation, headed by Minister of Finance and Economy, Awat Sheikh Janab, arrived in Baghdad late Sunday to negotiate solutions to the ongoing salary crisis in the Kurdistan region.Notably, the dispute between Baghdad and the KRG began in 2014 over oil resource management and budget allocations.In February 2024, Iraq's Federal Supreme Court ordered Baghdad to directly pay KRG employee salaries after prolonged delays.In November 2024, the salaries issues were exacerbated when Iraq's cabinet ordered the KRG to immediately transfer its oil output to SOMO as part of an effort to centralize oil exports and revenue management. |
#GKP #GENL $DNO $HKN $SNM
@apikur_oil
Initial agreement on #Kurdistan oil extraction and exports expected to be reached, ensuring export process and its revenues are conducted in accordance with procedures of SOMO and market-approved pricing. |
The way to run Iraq is to allow citizens to oust politicians by petition , watch em get thier heads down when on short notice all the time . Maliki would gave gone years ago. |
john@john78846295: 16h
Important progress yesterday on approval of amendment to the budget law.
- Finance Committee approved the amendment
- Vote did not take place as a further revisions demanded.
- Vote set for Tuesday
- Fines introduced for absence
Revision is to ensure all regions benefit from Iraqi oil.
'Remaining amount of price of a barrel of oil goes to the Iraqi state treasury, and in turn the state pays the salaries of the region's employees'... to... disbursing required financial allocation to the governorates." |
No mention of budget amendment but Parliament should be full tomorrow! https://shafaq.com/en/Iraq/Sources-Iraq-s-Parliament-to-tackle-controversial-laws-in-One-Basket-vote |
All the signs point towards them being serious this time. It was only 12 of them left parliament.
IMO |
It is not just the fine, but a stain on their record as MP |
#gkp #gkptakeover ?whilst we wait for the SALE RNS ( not very much longer)any of you that don't "get" fact that @Gulf_Keystone share price has been manipulated for years , enjoy this morning's early trades.All perfectly normal Guv ??https://x.com/111notout1/status/1881269909763899507?s=61&t=EEAJRmerpfLiAmForyb8Dw |
What’s to stop them not turning up with some mysterious illness 🤔🤷‍♂️😔 |
Sadly steep it's a pittance , Iraqi MP's are some of the best paid in the world...... |
ERBIL (Kurdistan24) The Iraqi Parliament Speaker Mahmoud al-Mashhadani on Sunday announced that any member of parliament (MP) who misses a session will be fined one million Iraqi dinars.Al-Mashhadani met with the heads of parliamentary factions to address the issue of MPs not attending sessions, which has severely impacted the legislative process in parliament. "In the coming days, we will revise the parliament bylaw to impose fines on MPs who miss sessions and to publish the names of absent MPs on the official parliament website," the speaker told a Kurdistan24 correspondent.Al-Mashhadani stressed the necessity of achieving a quorum in parliament, noting that the frequent absence of a significant number of MPs has severely hindered the process of passing crucial legislation and making urgent amendments to existing laws.The parliament speaker urged faction leaders to take responsibility and encourage their members to actively participate in parliamentary meetings. In a related measure, Al-Mashhadani canceled all scheduled flights for MPs to ensure their attendance at upcoming sessions, thereby helping to achieve the quorum necessary for passing laws.On Sunday, the Iraqi parliament convened to make amendments to the general budget's article on exporting Kurdistan oil. However, the session failed to reach a quorum due to the absence of a large number of MPs. |
#716917
A 625 pounds fine is typically over half a months wages in both Iraq & Kurdistan 👍
That should focus minds a little for Tuesdays vote 💪
Another walk out & will cost them a months pay ✅
They will not be happy 🤬 |
Yes the deal is now a no brainer, however it doesn't matter.The company is sold tba, that's been clear for months.CEO STAY BONUS paid this month...and we have been flagged to expect the ops and corporate update this month...wonder what that will contain lol. |
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