https://shafaq.com/en/Iraq/Iraq-Turkiye-discuss-oil-gas-and-energy-ties Shafaq News/ On Sunday, the Iraqi Minister of Oil Hayyan Abdul-Ghani met with the Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, and his accompanying delegation in Baghdad.The meeting was attended by the ministry's undersecretary for extraction affairs, along with the general managers of the State Oil Marketing Organization, North Oil Company, and the Economic and Legal departments, the Iraqi Ministry of Oil announced.The attendees discussed bilateral relations between the two countries in the fields of oil, gas, and energy, the ministry added.In March 2023, Turkiye halted the flow of oil through the pipeline transporting oil from the Kurdistan Region to the Turkish port of Ceyhan, following an arbitration court ruling ordering it to pay around $1.5 billion in compensation to Iraq for transporting oil without Baghdad's approval. |
 https://channel8.com/english/34063 Iraqi Oil Minister Hayan Abdul Ghani met with Turkish Energy and Natural Resources Minister Alparslan Bayraktar to discuss bilateral relations in the fields of oil, gas, and energy, as stated by the Iraqi Oil Ministry.The meeting was attended by the deputy minister for extraction affairs, as well as directors from SOMO and the North Oil Company.According to the Iraqi Oil Ministry, the two sides focused on issues related to oil, gas, and energy during their discussions.The meeting comes amid attention surrounding the resumption of oil exports from the Kurdistan Region, following the suspension of exports from the Kurdistan Region and Kirkuk through Turkey since March 23, 2023.On February 2, 2025, the Iraqi parliament approved an amendment to the general budget law, addressing the production, transportation, and delivery of oil in the Kurdistan Region. The amendment set $16 as the cost of production and transportation per barrel.Under the budget amendment, the Kurdistan Region is required to deliver 400,000 barrels of oil per day. |
DELETED
Clicked on the wrong vessel. Am painting the lounge door and clearly the fumes have messed up my eyesight... |
Yep. That's what I was thinking. We are going to start exporting whatever . Do you want in or out? |
I wonder if Turkey having the T.KURUCESME parked (Sorry Ted :-) ) up at our terminal is going to be used as a bargaining chip with the Iraqi authorities and a notice to the greater world (i.e. the US) to say 'look, we are ready to go'. |
#GKP #gkptakeoverFY results this Thursday ?Will they just declare dividends?Will they continue invisible buyback program for 6 months more of no buying ??Will they finally stop taking mickey and announce the sale they have been in process for at least 18 mths+? |
Sarah is so slow on the uptake it probably took her 6 months to realise she'd lost all her money. |
"Whilst the Pipe is on Kurd land its owned by Baghdad."
You need to keep up Sarah, the Kurds have their own pipeline, built in 2014 and which enabled them to export independently for nine years without Baghdad being able to do a thing about it.
They don't need the Iraq section of the ITP.
Check out the map that Kev threw up only yesterday.
If you can't be bothered to look at stuff that people provide for your benefit it's no wonder you don't know anything.
720901:-
And as for this tripe:-
"What Baghdad need to do imho is build another FK as that's the bottleneck."
There is no bottleneck Sarah, the pipeline system has a capacity of 1.6 million barrels a day.
And as for building another pumping and metering station, where would they build it, it would still be in Kurdistan and why would the Kurds give permission.
You're an idiot Sarah. |
Wrong again Sarah. Baghdad have a big reason to cover the debts that's called 'Marco Rubio'. Try looking it up sometime. |
Bigdogs tears. Better than Viagra. |
Baghdad have zero reason to pay the debt owed to the Kurd oil companies that the KRG have benefited from. If they do pay they will doubtless get it back from the KRG in some form. A cut in the Budget for instance.
I said many months ago that its probable that the KRG will "stand back" because they will want to be seen as blameless with any outcome from the negotiations between Epicur and Baghdad.
Queen lemming sarah, I think your view on waiting for September and the Kurds going their own way is unlikely as Baghdad will find ways to prevent it. I expect some common sense to prevail in negotiations. Whilst the Pipe is on Kurd land its owned by Baghdad. Their argument will likely be the land is part of Iraq.
What Baghdad need to do imho is build another FK as that's the bottleneck. |
https://x.com/thenewregion/status/1901245067114811494 BREAKING: Turkey's energy minister Alparslan Bayraktar arrived in Baghdad for energy talks with the relevant authorities in the Iraqi governmentBayraktar is scheduled to visit Erbil in the evening and meet Kurdistan Region PM Masrour Barzani to discuss the matter of the resumption of the Kurdish crude oil exports |
With all this continuing hassle I would be looking for at least 30 million Divi - it will help soothe the pain and mental anguish over many many years! |
H7,
True.
Contracts are legal--FACT
Krg/Baghdad owe us $150M+--FACT
The US are aware of the above--FACT.
There's only one winner here and it's not the thieves of Baghdad.
Nice Divi on it's way.Should be a good week.
GLA. |
So this lot are (predictably) blaming APIKUR for the delay in opening the pipeline.
That wont work with the "Donald". |
https://www.basnews.com/en/babat/878168 ERBIL - The Iraqi federal government and the Kurdistan Regional Government (KRG) will hold two key meetings with oil company representatives to discuss resuming oil exports from Kurdistan, an economic expert said on Sunday.Hevidar Shaban, an expert on economic affairs, said the first meeting will take place in Baghdad this week, followed by a second meeting in Erbil next week, aiming to resolve outstanding issues preventing oil exports through Turkey's Ceyhan port."The problem of oil exports has nothing to do with the Kurdistan Regional Government or the federal government, but with the oil companies, which insist they will not restart exports until their debts are paid," Shaban said.Key issues on the agenda include the method of calculating exported oil volumes, payment mechanisms, revenue shares for international companies, as well as salaries and customs duties.Negotiations over the stalled exports continue as Myles Caggins, spokesperson for the Association of the Petroleum Industry of Kurdistan (APIKUR), said last week that the $16 per barrel compensation rate allocated to the KRG and oil companies under Iraq's amended budget law is not final and remains subject to independent evaluation. APIKUR has proposed a list of internationally recognized evaluators to determine the actual cost of oil production in the Kurdistan Region.Oil exports from the Kurdistan Region have been halted since March 2023, following an international arbitration ruling that reaffirmed Baghdad's authority over Iraq's oil exports. The decision led Turkey to close the pipeline transporting Kurdish crude, triggering a prolonged standoff over revenue-sharing and legal control. |
Or maybe they will just finally come clean..... |
Maybe Trump will order the pipeline to open the companies to be paid (US. Ones in particular) and if Iraq causes trouble sanctions start on individuals etc. |
30m is 10.5p per shareThe share price has risen 50% since the buyback announced, and apparently they haven't bought any.....Although we don't know what their brokers might have been up to.Imagine the effect on the share price of them buying 125,000 a day would have, if they proceeded like last real buyback?Maybe after Thursday they will.... |
Seems like these meetings are between IOCs/ICG and then IOCs/KRG? If the previous reports are true and the sticking points are between the ICG/KRG, then I don't know what further discussions with IOCs are supposed to achieve. Window dressing, perhaps?I think sanctions will have to be implemented before we see any real compromise on the side of the ICG. |
Looking like we could see £2.00 this coming week then. Soon be last chance for tickets for train.
Kylie may get mentioned again before long.
Gla |
Or will they absorb the unused amount back into the new imminent dividend & announce it as a $30m dividend?
Bearing in mind they previously announced a $20m dividend & a $10m buyback last time on 8/10/2025 👍 |
The invisible buyback program is ends on Wednesday... Lololol.... Will they extend it lol.... Or come clean finally |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
