Gulf Keystone Petroleum Share Discussion Threads

[punter26] 23/11/2022 09:13

Chinese envoy praises KRG authorities for enhancing bilateral ties, investment.
"Barzani received China’s Ambassador to Iraq Cui Wei in Erbil."
Kurdistan 24 (22.11.22)


..."The Chinese diplomat praised the cooperation and support of the KRG’s relevant authorities in developing bilateral ties, investment, as well as trade exchange between Iraq’s Kurdish region and the Asian country.

The premier highlighted his cabinet’s ongoing reform program in numerous areas.

They underlined the importance of protecting the Kurdistan region’s stability and security as well as resolving the ongoing Erbil and Baghdad issues in accordance to the political parties’ agreement to form the new Iraqi government and the constitution.

Beijing and Erbil share close economic ties.

In September, a Chinese investor submitted a proposal for a $5 billion tourist city in the capital, according to Arab. The 2,000-sq. m. the project, dubbed Happy City, would create 8,000 jobs and include areas for tourism, residences, water, and entertainment."





President Nechirvan Barzani meets with leader of the State of Law Coalition
Presidency.gov.krd (22.11.22)

"President Nechirvan Barzani met today in Baghdad with the leader of the State of Law Coalition Nouri Al-Malaki.

At the meeting, both sides emphasized the need for cooperation and unanimity of all political parties to support the new Iraqi government in implementing its agenda which will serve the interest of all Iraqi communities and parties, particularly the resolution of the problems facing the country in the fields of economy and public services, as all the people of Iraq and the Kurdistan Region are expecting much from the new Iraqi government.

The shared responsibility and solving the disputes between Erbil and Baghdad through dialogue and on the basis of constitution was underlined. Both sides agreed on the need for unified cooperation to resolve the problems that will strengthen Iraq’s security and stability in all fields.

Discussions also covered the need to protect Iraq’s sovereignty, the importance of joint cooperation between all Iraqi forces and parties in this regard."





Iraqi PM, Kurdistan Region President reject foreign attacks during meeting
Rudaw (22.11.22)

"The president of the Kurdistan Region on Tuesday met with the Iraqi prime minister in Baghdad, during which both sides emphasized the importance of cooperation in facing repeated violations on Iraq’s sovereignty".

...PM Sudani “affirmed the federal government's commitment to the Iraqi constitution in addressing outstanding issues with the Kurdistan Regional Government of Iraq in a way that guarantees the rights of all Iraqi components,” the statement read."

[johnbuysghost] 23/11/2022 09:11

Shock and Awe........

GKP is easily worth £20 per share right now.

[highlander7] 23/11/2022 08:35

As the pundits tell us...

"If something can be seriously screwed up - policians will find a way to do it"

Watch the Oil Price now.

H7

[highlander7] 23/11/2022 08:13

Here we go...............LOL

U.S., ALLIES EYE $60 PRICE CAP FOR RUSSIAN CRUDE
By Julianne Geiger - Nov 22, 2022, 1:30 PM CST

The United States and its allies are hoping to establish the price level at which Russian crude oil will be capped, people familiar with the talks told the Wall Street Journal on Tuesday.

Officials are talking about setting the price at which Russia’s crude oil will be capped at $60 per barrel. The group will meet on Wednesday to try to come to some agreement on prices.

The G7 plan to cap the price of Russian crude oil goes into effect on December 5, and the EU will ban Russian crude oil imports from the same date.

The US-led price capping mechanism of the G7 and the outright ban from the EU has the potential to disrupt 2.5 million bpd or more of seaborne crude oil to Europe. Russia reaffirmed its threat this week that it would not supply any crude oil to nations that operate under this price cap, redirecting its crude oil to “market-oriented partners”. According to Russian Deputy Prime Minister Alexander Novak, Russia could even reduce production in reaction to the price-capping strategy.

Last week, the G7 was scrambling ahead of the December 5 deadline that is approaching fast. The EU regulations necessary to navigate the post-December 5 oil markets still hadn’t been drafted or finalized, pending the determination of the actual price level.

The price cap plan will hold all buyers within the group to purchase crude oil from Russia only if it can be purchased below a set minimum. The plan looks to restrict Russia’s oil revenues while still allowing crude oil customers to source their oil from Russia.

A $60 price cap would be nearly $30 per barrel under the current Brent barrel price, translating into a fine discount for any crude buyer.

By Julianne Geiger for Oilprice.com

[highlander7] 22/11/2022 19:58

It will happen. These idiots plan on doing it shortly.

Russian Oil is going to Turkey by an existing pipeline then passed on to EU and UK . Some of it is also going to India at a discount who then add a premium and sell it to us. In other words the EU and us are financing Russia's war on Ukraine.

H7

[nestoframpers] 22/11/2022 19:58

spawny10022 Nov '22 - 19:38 - 358960 of 358962
0 0 0
UK still porting large quantities of Russian oil. Just rebranded as coming from somewhere else. Lol. I've said this is what's been happening all along.

[nestoframpers] 22/11/2022 19:43

$380 x 55 K x 28 = £ 585 Mn a month - the KRI and MOLs share

it might well happen

[highlander7] 22/11/2022 16:33

Oil Price Could Hit "Stratospheric" $380 If Russia Retaliates To G7 Oil Price Cap: JPMorgan
BY TYLER DURDEN

As discussed previously, one of the most notable events of the past was the decision by G7 leaders "to work" on a price cap for Russian oil as part of efforts to cut Moscow’s revenues.

However, it didn't take long for the same G7 motley crew to realize that they have a major problem on their hands: as JPM's commodity desk notes, given Russia’s strong fiscal position, the country can cut up to 5 mbd of production without excessively hurting its economic interest. Meanwhile, a 5mbd cut would spark a Europe-wide depression, confirming that once again Europe had not even done the simple math.

What about prices? According to JPM's commodities team (whose full note is available to pro subscribers), given the high levels of stress in the oil market, a cut of 3.0 mbd could cause global Brent price to jump to $190/bbl, while the most extreme scenario of a 5 mbd slash in production could drive oil price to a stratospheric $380/bbl.

[releasethekraken] 22/11/2022 16:24

Another 50,000 buy this time at 2.074th of the day

[beernut] 22/11/2022 15:32

Let’s hope GKP are part of the implementation

Barzani receives Chinese ambassador to Iraq
Kurdistan
Masoud Barzani
2022-11-22 13:28
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A
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Shafaq News / The head of the Kurdistan Regional Government, Masoud Barzani, received on Tuesday the Chinese ambassador to Baghdad, Cui Wei.

A statement by the Barzani headquarters said that the ambassador congratulated Barzani on his election as head of the KDP and the success of the party's 14th conference.

The two sides commended the strong ties between Iraq and China, calling for implementing the programs agreed upon between the two countries, as well as always resorting to dialogue.

[johnbuysghost] 22/11/2022 15:25

Kilt is waiting with pork sword for you Bigdog.

[bigdog5] 22/11/2022 15:19

I think sarah should post up the "samimack" report so you suckers can look at the fantasy numbers talked about in it and then compare them to what the hosts have recently stated about them having "way less than 3b proven reserves".

A very similar story to Kozel's exaggerations and the CPR's???

You're welcome.

[bigdog5] 22/11/2022 15:13

No one is the slightest bit interested in 120m of 1P very heavy oil. If they were they've had 13 years to take it and for much cheaper than the current way over the top share price

If DNO walked away at way less than £1 (1p really) that writes and explains all.

More meets on the way for another round of oil law talks. They only had one a few days ago that has obviously resulted in the usual zero. Still, it's only been under negotiation for 16 years so what can they do eh.

Any agreement won't last anyway before all the accusations start and it's dumped as history has proved with all the other "agreements".

Happy to assist you clueless fantasists as always.

[gc321] 22/11/2022 13:07

Somethings up. £50k and £100k purchases going through...serious dough being invested

[releasethekraken] 22/11/2022 08:39

HTTPS://twitter.com/GoodnightCharl1/status/1594642963539398657?t=Z0vKKnKatNP9eURDICbYPg&s=19

[releasethekraken] 22/11/2022 08:33

Another 50,000 worked buy at 203.58

[releasethekraken] 22/11/2022 08:29

Yes revenue annually exceeds mcap,,,,That's pre 55k ...You can see why it is the hottest Indy e +p t/o target And why share price has been ground down for major stake builders pre sale

[r9505571] 22/11/2022 08:28

https://oilprice.com/Latest-Energy-News/World-News/Kurdish-Oil-Jitters-As-Iran-Bombs-Northern-Iraq.amp.html

[punter26] 22/11/2022 08:14

President Nechirvan Barzani to visit Baghdad

"The disputed territories between Erbil and Baghdad as well as energy management are at the forefront of the outstanding issues between the two governments"
(Kurdistan24 22.11.22)


"Kurdistan Region President Nechirvan Barzani is set to visit the Iraqi capital Baghdad on Tuesday to meet with the country’s top officials to discuss the outstanding issues between the regional and federal governments, according to a statement.

Barzani will meet with his counterpart Latif Rasheed, Prime Minister Mohammad Shia’ Al-Sudani as well as the head of the judiciary council, Fayaq Zeidan, a statement from the Kurdistan Region Presidency read.

The latest political developments as well as Erbil-Baghdad relations are on the agenda of the Kurdish and Iraqi officials in Tuesday’s meeting. They will also highlight the regional developments, per the statement.

The Iraqi president has recently visited Kurdistan Region’s Duhok province to take part in the third version of the Middle East Peace and Security Conference at the American University of Kurdistan (AUK) in Duhok province.

The disputed territories between Erbil and Baghdad as well as energy management are at the forefront of the outstanding issues between the two governments.

A top Kurdistan Regional Government (KRG) official has recently told Kurdistan 24 that a government official will visit Baghdad to begin negotiations on the issues with Iraq’s new government.

Al-Sudani’s government has previously announced that it would work to send an oil and gas bill to the parliament within six months. Erbil has previously called for the enactment of a hydrocarbon law, in the absence of which, the Kurdish authorities have argued the energy disputes between the governments had persisted."

[releasethekraken] 22/11/2022 08:13

Another 50,000 worked buy at 203.58

[highlander7] 22/11/2022 07:44

You mean Doggie turns +ve on his view of GKP ?

LOL

[johnbuysghost] 22/11/2022 07:38

Today we will see shock and awe.