Everyone is all aboard. |
"Israeli Defense Minister signals potential action against Iran.
Israeli Defense Minister Israel Katz on Sunday hinted at potential action against Iran in the coming months, in a congratulatory letter to newly appointed US Secretary of Defense Pete Hegseth.
Katz noted Israel's preparedness to confront Iran, specifically mentioning vulnerabilities in Tehran’s nuclear infrastructure."
They're keen to erase the nuclear threat and with the US controlling Iraqi airspace the Israelis have a clear run.
Trump - "Take care of the nukes first and sort the rest out later." |
#gkp #gkptakeoverBuyback program still not buying ... ??"Following launch on 8 October 2024, the Company's current share buyback programme of up to $10 million remains ongoing"??HTTPS://x.com/ChicagoJack5/status/1883492357737505162 |
#gkp #gkptakeover Stay bonus or completion bonus?Whichever one it is .. @Gulf_Keystone are paying it this week ?Anybody selling 1 share,needs urgently to seek psychiatric assistance.FILL??https://x.com/111notout1/status/1883244892249559255?s=61&t=EEAJRmerpfLiAmForyb8Dw |
@717596 Nothing for those in Spain mate. |
Looks like Trumptard is the catalyst. |
Back handers flying all around, now you're talking. |
#gkp #gkptakeover Stay bonus or completion bonus?Whichever one it is .. @Gulf_Keystone are paying it this week ?Anybody selling 1 share,needs urgently to seek psychiatric assistance.FILL??https://x.com/111notout1/status/1883244892249559255?s=61&t=EEAJRmerpfLiAmForyb8Dw |
#gkp #gkptakeoverBuyback program still not buying ... ðð"Following launch on 8 October 2024, the Companyâs current share buyback programme of up to $10 million remains ongoing"ð𤣠|
milliecusto = troll |
Nothing getting lined up, quite the opposite |
I hear that the BBC are auditioning in Baghdad for the next series o Traitors. |
#gkp #gkptakeoverBuyback program still not buying ... ðð"Following launch on 8 October 2024, the Companyâs current share buyback programme of up to $10 million remains ongoing"ð𤣠|
#gkp #gkptakeover Stay bonus or completion bonus?Whichever one it is .. @Gulf_Keystone are paying it this week ?Anybody selling 1 share,needs urgently to seek psychiatric assistance.FILL??https://x.com/111notout1/status/1883244892249559255?s=61&t=EEAJRmerpfLiAmForyb8Dw |
KRG - "The federal government is attempting to sign oil and gas contracts without following the very clear requirements of the Constitution, including Articles 140 and 112."
"Sherwan Dubardani, a KDP MP, asserted that any oil and gas contracts in Kirkuk without the consent of the KRG are "illegal."
So.
For nine years the Federal Government dragged Turkey through the international courts wrongly claiming that Turkey was illegally exporting 400k bpd of Kurdish oil because it was illegally produced in contravention of the constitution.
Are they now going to ask Turkey and the Kurds to export 1 million bpd of Kirkuk oil that is to be illegally produced in contravention of the constitution.
What will Turkey and the Kurds say if they are asked I wonder.
What will the Daily Mail say if it's brought to their attention that BP have knowingly signed a contract with the Government of Iraq that is illegal under the Iraqi Constitution. |
#gkp #gkptakeover
Buyback program still not buying ... 🙂🙃
"Following launch on 8 October 2024, the Company’s current share buyback programme of up to $10 million remains ongoing"😇29315; |
beernut
It just might be a little difficult to appeal against a ruling that declared production sharing contracts legal whilst signing such a contract with BP. |
Morning all.
Anyone any idea if the 30 days has elapsed for the Iraq government to argue against the the court ruling krg contracts legal. |
I think everything is lining up perfectly behind the scenes. Talk is just talk. The real action is progressing at pace imo.
(Thanks to all the news guys on here, as always.) |
 "British Petroleum (BP) has signed a significant agreement with Iraq’s Federal Oil Ministry to operate five oil fields in Kirkuk. The agreement was signed on Jan. 14, 2025, in London by BP and Iraqi Prime Minister Mohammed Shia al-Sudani.
It includes a production-sharing clause, permitting BP to receive a portion of production revenue, as well as monetary compensation.
BP’s goal is to increase Kirkuk’s oil production from the current 250,000-300,000 barrels per day (bpd) to one million bpd."
Four things there.
a) - The contract has not been signed yet, this is what was signed in London:-
"BP’s board chairman, Helge Lund, and Iraq Prime Minister Mohammed Shia Al-Sudani were among those in attendance at Tuesday evening’s meeting in London, where the two sides signed the majority of commercial terms, BP said Wednesday.
“The teams will now work to define the remaining detail, ahead of a fully-termed agreement” in 2025, a BP spokesperson said in a statement."
b) - So the deal contains a "production sharing element". For 19 years the Federal Government have maintained that the Kurdish PSCs were unconstitutional because the oil "belongs to all the people of Iraq" and that foreign oil companies were therefore not allowed ownership of Iraqi oil. They have now decided that production sharing contracts are constitutional and legal after all.
For 19 years PSCs have been illegal in Iraq until the Federal Government needed to sign one themselves.
We are told that APIKUR have put in a claim for $25 billion compensation due to the pipeline closure after the Appeals Court ruled the PSCs legal, if they claimed for all the losses they've suffered since 2005 then there's the Federal Government's admission of guilt right there.
c) - The plan is to increase production to 1 million bpd with no export route and according to al-Ghani:-
Al-Ghani - "Iraq and BP are expected to sign a multi-billion dollar agreement over four oil and gas fields in Kirkuk in the first week of February and will increase production to 500kbpd, the oil will be sold to local refineries".
So local refineries are now expected to absorb not 500k bpd but 1 million bpd.
"Al-Jazeera - Why is oil-rich Kirkuk so poor?
The price of Kirkuk crude oil sold to local buyers in Iraq is around $30-$40 per barrel, which is much lower than the international price. This is because producers have been selling at a discount since the pipeline was closed. The price of Kirkuk crude oil sold to local buyers is about half the global price."
d)- The KRG have correctly pointed out that under the Constitution that deal is illegal because it's in a disputed territory and the Federal Government don't have the right to make unilateral decisions without including the Kurds, while at the same time the Federal Government will need the Kurds on board if BP are to export that oil.
Interesting times. |
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