Gulf Keystone Petroleum Share Discussion Threads

[worldquant] 12/4/2024 16:29

Has it crossed anyones mind that SINOPEC etc most likely buyer could build dedicated pipelines to facilitate the transport of the oil and gas from Shaikan?.GKP is SOLD BTW

[nestoframpers] 12/4/2024 16:29

The Mosul PL isn't open yet and it might not ,the reports I remember were that it was too far gone to repair. I think it's from 1976.

[highlander7] 12/4/2024 15:53

It now depends on The USA . Either that or the Kurds make a move with support from Turkey.

Even better if a large US INOC is interested.

In any case I dont believe they will get away with this . Even if they do try it. Im also not sure if Shaikan is hooked up to this old pipeline. Might take a while if it isnt.

IMO

[shortsqueezer] 12/4/2024 14:56

A very succinct appraisal Habshan. Thankyou.

[pittcock] 12/4/2024 14:46

They are going to circumnavigate the Kurds? RightoHow long do you think the pipeline would remain undamaged?

[habshan] 12/4/2024 14:44

“Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey..."

Yes Sarah, they "HOPE" to use it, which means the author doesn't know.

That article is just an Oilprice opinion piece recycling old news, it doesn't even name the author and I can't even see that it quotes an official source. It was written by someone in their editorial department to generate copy.

I also notice that there's no mention of what Turkey have to say about it.

Or what the Kurds, whose territory it runs through have to say about it.

Or what the Russians who own 60% of the Kurdish pipeline have to say about it.

Or what the Americans have to say about it.

Or what APIKUR who are holding the threat of arbitration over the ICG's head have to say about it.

If APIKUR went to arbitration the issue of the constitution would be forensically examined, and it's already been ruled that the PSC's were legally signed on behalf of the Iraqi state, which means the ICG can be held liable for them.

The people who sit on those tribunals have already stated that under the constitution ALL provinces in Iraq have the right to manage their own oil & gas resources.

The people who sit on those tribunals have stated that the so called Supreme Court itself is constitutionally illegal, so EVERY ruling that it's made since it's inception some 20 years ago will be void under international law.

And it's also the case that Iraq have signed up to the United Nations Treaty Regime for the Protection of International Investors.

The ICG have a lot to think about there Sarah before they open that pipeline, they need to avoid arbitration at ANY cost.

And as you yourself said "I keep telling you whatever gets announced out there cannot be trusted. Something you idiots have never learnt."

And the fact that the ITP has been closed for a year because of their refusal to honour the PSCs means that they're already in contravention of both international law and the conventions that they've signed up to.

Games are being played so just be patient and let's see what happens.

Don't jump the gun.

[theythinkitsallover] 12/4/2024 14:40

Well you were told by Apikur only a few weeks ago that they hadn’t even seen any proposals from Iraq or the KRG regarding restarting the pipeline… that’s after 1 whole year.

Doubt nothing has changed in the last few weeks

[fairenough11] 12/4/2024 14:36

LOL-Oilvoice baloney.

I'll wait for Apikur's next offering--i.e. the truth re current state of play.Ignore the bullsh*t.

[bigdog5] 12/4/2024 14:32

Baghdad's pipe, Baghdad's terms, Baghdad in total control and hold all the cards as I've been telling you morons for a long time!!!

As for this part of the article, "which will completely cut the Kurds out and eventually make it impossible for foreign companies to operate there".

The caveat is unless they agree to everything Baghdad wants. Then its possible the original pipe could be opened but the terms will be Baghdad's and not Epicure or the Russians. And where are Erbil going to get the 400k a day from for the 12.6%.

Always real easy to prove queen lemming sarah and scotty snowflake wrong.

And you're welcome:-)

[jackpotjack] 12/4/2024 14:12

It's the weekend and everyone wants in .... Whoop whoop

[highlander7] 12/4/2024 13:44

I see Oilvoice up to its usual tricks. I wonder who is paying them this time ?

They wont control anything after September 2025.

[theythinkitsallover] 12/4/2024 13:41

As I have been telling you Habby McHab

“Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey as soon as this month. Essentially, that means that Baghdad has no intention of agreeing to the restart of the Kurdish pipeline to Turkey which has been shut down for over a year now as the Iraqi federal government and the Iraqi Region of Kurdistan wrangle over control of Kurdish oil resources.

The Kirkuk-Ceyhan pipeline would effectively allow Baghdad to gain full control of Kurdish oil once it is produced. Baghdad will force foreign oil companies who have contracts with the Kurds to renegotiate with Baghdad to sell their oil through the Kirkuk-Ceyhan pipeline instead, which will completely cut the Kurds out and eventually make it impossible for foreign companies to operate there. Incidentally, the Kirkuk-Ceyhan pipeline has been offline since ISIS damaged it in 2014, and the Kurdish Peshmerga forces were largely responsible for pushing ISIS back from the region.”

[confused _gerbill] 12/4/2024 13:37

Posted on LSE, I'm not interested in OilPrice enough to register with them, seems to be a very sweeping statements to make! hxxps://oilprice.com/Energy/Energy-General/Iraq-Has-No-Intention-of-Restarting-Kurdish-Oil-Pipeline.amp.html

[justiceforthemany] 12/4/2024 13:32

hxxps://www.kurdistan24.net/en/story/34558-U.S.-Seeks-to-Broaden-Ties-with-Iraq,-as-PM-Sudani-Makes-First-Visit-to-Washington