https://x.com/thenewregion/status/1884689854660825567 The meeting in Baghdad between heads of the parliamentary blocs and Iraqi PM Sudani to discuss the proposed amendments to the federal budget law has concludedVian Sabri, head of the KDP bloc, told The New Region that a "general understanding" was reached during the meeting to pass the amendments |
Repeat - stop all US/western foreign aid payments to Iraq until these idiots agree to ITP resumption. |
https://x.com/EnglishBasNews/status/1884688316500455526 The meeting between the Iraqi Prime Minister and the heads of Kurdish factions in the Iraqi parliament ended, with KDP's Vian Sabri telling Kurdistan 24 that they reached a general understanding to amend the budget law for resuming Kurdistan's oil exports. |
Thanks guys. You know who you are.
Imo this is the time to be in GKP. |
 No mention from Apikur of anyone working on drill sites estimating extra cost from 16$ to 26$ ish varying on each site.
Bet this hasn’t even started yet.
But maybe they can start and get back payments later hopefully.
Thanks Kev good diggin.
Erbil-Baghdad Collaboration Essential for Oil Pipeline Reopening, Says APIKUR Spokesperson
"APIKUR is actively engaged with both the KRG and the central government in Baghdad to restart oil exports, as reopening the Turkey-Iraq oil pipeline is crucial," Caggins stated during a televised interview with Kurdistan24.
1 day ago
Col. Myles Caggins Spokesperson for APIKUR. (Photo: Kurdistan 24)Col. Myles Caggins Spokesperson for APIKUR. (Photo: Kurdistan 24)
Kurdistan
Spokesperson for APIKUR
APIKUR
Colonel Myles Caggins
Jan. 28, 2025
ERBIL (Kurdistan24) - Colonel Myles Caggins, Spokesperson for the Association of the Petroleum Industry of Kurdistan (APIKUR), announced on Monday that discussions are ongoing between Erbil and Baghdad to resume oil exports from the Kurdistan Region.
"APIKUR is actively engaged with both the Kurdistan Regional Government (KRG) and the central government in Baghdad to restart oil exports, as reopening the Turkey-Iraq oil pipeline is crucial," Caggins stated during a televised interview with Kurdistan24. |
Weren't PUK the ones who walked out of parliament pre second reading? https://www.pukmedia.com/EN/Details/77518 The Iraqi parliament is set to vote on an amendment to the federal budget law, marking a significant step towards establishing a legal framework for cooperation between the federal government and the Kurdistan Regional Government (KRG) in the management of oil resources.Support for Budget AmendmentHarem Kamal Agha, the Leader of the Patriotic Union of Kurdistan (PUK) bloc in the Iraqi parliament, told PUKMEDIA: "The PUK supports the amendment of the 2025 federal budget as per the bill provided by the federal government to the parliament." He continued, "This amendment will help implement the budget law, enhance transparency in the oil sector, and increase state revenues. We are keen to see this amendment legislated in the Iraqi parliament, rather than alternative bills."Oil File Gains LegitimacyHarem Kamal Agha further said: "We support the legislation of the government's proposal regarding Article 12 of the budget law, which outlines the estimated dues for extracting oil from the Kurdistan Region." He added, "The amendment specifies that the cost of oil production from the Kurdistan Region will be set at 16 dollars per barrel, with the final amount to be determined within 60 days. This amendment will resolve ongoing discussions about the oil file, as it will gain legitimacy once the oil is exported by the State Organization for Marketing of Oil (SOMO)."Finance Committee Approves AmendmentThe parliamentary Finance Committee recently voted in favour of a proposal to amend the section of the federal general budget law related to the resumption of oil exports from the Kurdistan Region.Dr. Narmin Marouf, a member of the PUK bloc in the Parliamentary Finance Committee, told PUKMEDIA: "The Finance Committee has voted during its meetings to amend Article (12/Second/C) of the Federal General Budget Law, which pertains to the resumption of oil exports from the Kurdistan Region. According to the amendment we voted on, the actual cost of producing and transporting oil from the Kurdistan Region is set at 16 dollars per barrel. This amount will be paid as an advance to the Kurdistan Region until the actual value of oil production and transportation from each field is determined separately by the relevant advisory bodies, within 60 days of the implementation of the Federal General Budget Law." On November 5, 2024, the Council of Ministers approved the proposal to amend Article (12/Second/C) of the Triennial Budget Law No. (13 of 2023), setting the average actual cost of production and transportation of oil from the Kurdistan Region at 16 dollars per barrel.PUKMEDIA |
Kev and Habs .........great find. High Noon?? |
Thanks Kev, good work.
"Iraq’s political leaders will meet in Baghdad tonight at the residence of Prime Minister Mohammed Shia al-Sudani to discuss amendments to the budget law. The meeting will bring together the Speaker of Parliament, lawmakers, and representatives from Shiite, Sunni, and Kurdish factions, reports Zoom News' Akam Fahmi from Baghdad." |
https://x.com/john78846295/status/1884647910547042759 High level meeting with political leaders hosted by Iraqi PM tonight to discuss amendments to the budget law. |
Bob. September is a blink of an eye away in the scheme of things. The ICG need to come up with something very quickly IMO. The KRG will have a plan B all ready mapped out. It may even be their plan A. So let's see. Brinksmanship appears to be the norm out there so I'm not expecting any breakthrough very soon. |
It's supercalifragilisticexpialidociousEven though the sound of it is something quite atrociousIf you say it loud enough you'll always sound precociousSupercalifragilisticexpialidociousUm-dittle-ittl-um-dittle-IUm-dittle-ittl-um-dittle-IUm-dittle-ittl-um-dittle-IUm-dittle-ittl-um-dittle-I |
I see that Queen lemming sarah is extremely agitated by posts that don't agree with her views. Just as RW was prone to do!! And none of his views or predictions ever became fact.
All the points she is labouring to put across will result in fekk all if and when Turkey and Baghdad decide to sort out their issues, Erbil will have very little influence on the outcome. Erbil is broke, owes $billions and is reliant on Baghdad for money. Money that can be stopped at a moments notice as history has proved.
The Kirkuk oil that BP have been/will be tasked with ramping up will be able, in a fairly short time, to fill the pipeline which could then mean no Kurd oil gets to use it. But Erbil will still be required to pass the oil produced in Kurdistan to SOMO in order to get receive the budget.
Btw, have any of you delusional suckers bothered to find out who actually paid for and owns the Pumping/Monitoring Station at FK that all oil passes through:-) |
#gkp #gkptakeoverWhat's buyback program real purpose?1. Allow@PeelHuntsit on book + put floor under share price deterring bad actors?2. To kick in once some condns met - drive share price north nearer T/O price ? 20+ minm3. Other?Sure hasn't been to reduce capital ...so far ?HTTPS://x.com/ChicagoJack5/status/1884565109457961048 |
Ultimately I think that the roads generally point towards this getting sorted. Lots of chat from all sides saying it needs to get done. Will just have to wait for them to stop throwing handbags at each other and get on with it. My prediction is definitely a resolution before September. |
Quite nice to have the threat of BP pulling out to focus minds |
https://x.com/pukmedia/status/1884555039529636054 The Iraqi parliament is set to vote on an amendment to the federal budget law, paving the way for stronger cooperation between the federal gov. & KRG on oil management. PUK bloc Leader told #PUKMEDIA that PUK supports the amendment to enhance transparency & boost state revenue. |
 Deputy Minister of Natural Resources: We are ready to export oil if the parties agree
Rudaw - Baghdad
The Iraqi Energy Conference continues in Baghdad with the participation of Rudaw. On Tuesday and Wednesday, 14 panels will discuss issues related to the energy sector, including the issue of non-export of oil from the Kurdistan Region.
"We are technically ready to resume oil exports whenever all parties agree," said Ahmad Mufti, deputy minister of natural resources.
According to the Iraqi Oil Ministry, along with efforts to pass the budget amendment, which is considered a blind spot for the export of Kurdistan oil, the work of the joint committee of the Ministry of Oil and the Ministry of Natural Resources continues.
"There is a committee at the level of agents of both ministries to resolve some of the outstanding issues, the most important of which is to know and convey the technical data that the Kurdistan Region and foreign investment companies have in the Kurdistan Region," he said The federal government and the federal oil ministry, so that I can go into the details and the type of it contracts, to be resolved and adapt these contracts to comply with applicable laws."
The agreement between Erbil and Baghdad and the oil companies led to a budget amendment bill, but it was removed from the agenda in the past two sessions of parliament due to tensions.
Along with domestic and international efforts to re-export Kurdistan oil, Iraq's efforts to increase its own oil exports, for Kurdish politicians is a wind and two winds, that Baghdad is killing time, adding days to the days of preventing Kurdistan oil exports. |
It is quite clear that no formal contract has been signed by BP. There is currently an MOU which will be firmed up by something being signed at the start of February - note no date given.
What this means is that until the problems between Iraq and the KRG are sorted BP won't be signing anything. This is why there seems to be some urgency from various parties to get the pipeline issue sorted before the end of this month. |
#gkp #gkptakeover
What's buyback program real purpose?
1. Allow
@PeelHunt
sit on book + put floor under share price deterring bad actors?
2. To kick in once some condns met - drive share price north nearer T/O price £ 20+ minm
3. Other?
Sure hasn't been to reduce capital ...so far 😉 |
The 50,000 bought at 154.50 may be for CEOHe needs about 70/75 k more to fulfil the share element of the stay bonus |
The 50,000 bought at 154.50 may be for CEOHe needs about 70/75 k more to fulfil the share element of the stay bonus |
Hence the knickers down prior |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
