Gulf Keystone Petroleum Share Discussion Threads

[petebreeze37] 07/1/2025 11:49

The way that I see it, is that legal proceedings should be taken against Baghdad if there is no pipeline open by the end of this month.

[redbed] 07/1/2025 11:15

Who cares about meetings?The company is obviously sold , to be announced this month.That became clear months ago....Just hold what you have, buy as much as possible if you can.

[midasx] 07/1/2025 11:13

They will round off the very successful meeting and look forward to more meetings and yummy biscuits in the coming months.

[kevc67] 07/1/2025 11:11

ERBIL (Kurdistan24) – Baghdad has hindered Kurdistan's progress in energy development and oil exports without any logical justification, former US diplomat to Iraq, Vincent Campos, told Kurdistan24 on Monday.US Former Diplomat Criticizes Baghdad's Policies on Kurdistan's Energy DevelopmentCampos stressed that Erbil and Baghdad must resolve their differences by adhering to the Iraqi constitution and achieving tangible progress in this area. "A stronger, economically stable Kurdistan contributes to a more stable Iraqi economy," he stated.Addressing the issue of delayed payments from Baghdad to the Association of the Petroleum Industry of Kurdistan (APIKUR), Campos described it as a symptom of larger systemic issues, reflecting Baghdad's reluctance to work collaboratively with Erbil. "Energy and oil are fundamental to Kurdistan's economy," he added.In a live televised interview, Campos criticized Baghdad's policy of exerting control over Kurdistan, stating, "This policy benefits no one." He expressed frustration, saying, "It is puzzling that Baghdad is willing to harm itself economically just to assert power over Kurdistan. This approach is completely illogical."Campos further asserted that Baghdad's actions are depriving Iraq of significant revenues from Kurdistan's oil exports. He said, "It is evident that Baghdad sees withholding these revenues as preferable to resolving its energy disputes with Erbil and resuming oil exports. Without hesitation, I can say these actions are unhelpful to everyone involved."He also highlighted missed opportunities for progress during Iraqi Prime Minister Mohammed Shia al-Sudani's visit to the White House in April. "I expected the White House to stress the importance of resolving the Baghdad-Erbil relationship. Unfortunately, since then, we have seen little meaningful action," Campos noted.He urged the US government to take a more proactive role in pressuring Baghdad. "The US should emphasize that the status quo of the past 20 years is untenable and push Baghdad to adopt progressive measures," he added.APIKUR Prioritizes Oil Exports ResumptionColonel Myles Caggins, spokesperson for APIKUR, emphasized the urgency of restoring oil exports through the Iraq-Turkey pipeline. "APIKUR's number one priority is resuming these exports," he told Kurdistan24.Caggins explained that APIKUR requires a new agreement between the Kurdistan Regional Government (KRG) and Baghdad, ensuring overdue payments and a clear framework for future payments. "We need written guarantees on how payments will be managed," he stated.He added that APIKUR is prepared to sell oil through the State Organization for Marketing of Oil (SOMO) at Turkey's Ceyhan port, which he believes is the best approach to coordinate oil sales between the KRG, APIKUR, and Baghdad."APIKUR wants immediate payments upon oil sales at Ceyhan port and aims to avoid delays tied to political disputes between Erbil and Baghdad," Caggins emphasized, highlighting the organization's preference for direct sales agreements.He criticized Baghdad for blocking Kurdistan's oil exports, underscoring the need for new sales agreements that include guarantees for both past and future payments. "APIKUR calls on the KRG and Baghdad to finalize these agreements," he said.Caggins also acknowledged the US government's support for APIKUR's efforts to restore Kurdistan's oil exports.KRG Plans to Resume Oil Exports in 2025Acting Minister of Natural Resources in the KRG, Dr. Kamal Mohammad Salih, announced in November that Kurdistan's oil exports are set to resume in early 2025, with extraction costs estimated at $16 per barrel.Dr. Salih revealed to Kurdistan24 that the suspension of oil exports through Turkey's Ceyhan port has led to a staggering $20 billion loss for Iraq's state treasury. He identified the Iraqi budget law's extraction and transportation cost cap of $6 per barrel as a major obstacle to resuming exports.

[pittcock] 07/1/2025 10:33

You missed...'pave the way'

[redbed] 07/1/2025 10:33

Who cares about meetings?The company is obviously sold , to be announced this month.That became clear months ago....

[bobgray51] 07/1/2025 10:27

Prediction: "The meeting explored ways to overcome the issues around restarting oil. They also discussed the need to maintain the vital energy partnership between the Kurdistan Region and Turkey and look forward to continuing this strong partnership in the future."

[redbed] 07/1/2025 10:16

Tiny volume, very very narrow daily range.TWANG...!SOON

[bang_gone] 07/1/2025 09:37

Who cares about meetings?The company is obviously sold , to be announced this month.That became clear months ago....

[habshan] 07/1/2025 09:36

"When is the meeting?"

Today.

"Kurdistan Region Prime Minister Masrour Barzani is visiting Turkey on Tuesday and will meet with Turkish President Recep Tayyip Erdogan in the afternoon."



Turkey are developing and expanding their new discoveries to the north of their border with Kurdistan and they'll be looking forward to September when they can use the ITP pipeline to Ceyhan without the hassle of having to involve Baghdad.

Note that the report describes a "vital energy partnership between Turkey and Kurdistan".

If Baghdad wants to use the pipeline they'll need to ask and negotiate with both Turkey and the Kurds, and after the problems and financial losses they've caused Turkey Erdogan certainly won't be doing them any favours, especially as Erdogan along with everyone else can now see that the contracts were legal all the time.

"The upcoming meeting with Erdogan is expected to explore ways to overcome these challenges (with Baghdad) and reestablish the vital energy partnership between the Kurdistan Region and Turkey."

[redbed] 07/1/2025 09:28

Indeed.Resn 10+12 =22 Sold…..Yep - amazing - the most obviously flagged takeover in market history ....and all peeps want to do is guess about revenue streams and pipe opening times !!!Why is everyone bothered rgds all the noise.@Gulf_Keystone is SOLD TBAThat is very clear and has been for months

[ozzmosiz] 07/1/2025 09:28

When is the meeting?

[habshan] 07/1/2025 08:52

As above.

Peregraf - 7th Jan. 25.

Masrour Barzani and Erdogan to Discuss Oil Exports in Key Meeting.

Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani is scheduled to meet with Turkish President Recep Tayyip Erdogan on Tuesday, with oil exports taking center stage in discussions alongside bilateral relations and regional issues.

The meeting, reported by Turkey’s Anadolu Agency, underscores efforts to revive oil exports between the Kurdistan Region and Turkey. Exports have been suspended since March 2023, following an International Court of Arbitration ruling in favor of Iraq in its dispute with Turkey. The halt has led to an estimated $23 billion in losses for Iraq and the Kurdistan Region, significantly impacting their economies.

This follows Barzani’s recent phone conversation on January 3 with Geoffrey R. Pyatt, the U.S. Assistant Secretary of State for Energy Affairs, where the resumption of oil exports and broader energy cooperation were discussed. Barzani stressed the urgency of resolving the suspension, highlighting its detrimental effects on Iraq’s budget and economic stability.

“We emphasized the need to address outstanding issues and remove barriers to oil exports, as the suspension continues to harm Iraq’s economy,” Barzani stated. He also reiterated the importance of upholding the Kurdistan Region’s financial rights under Iraq’s constitution and the region’s pivotal role in advancing energy independence and regional stability.

The upcoming meeting with Erdogan is expected to explore ways to overcome these challenges and reestablish the vital energy partnership between the Kurdistan Region and Turkey.

The ongoing disagreement between Baghdad and Erbil also centers on financial terms with international oil companies (IOCs) operating in the region. Baghdad seeks to renegotiate payment terms and replace the KRG’s production-sharing contracts with service contracts, but these changes face resistance from IOCs.

Efforts to amend Iraq’s budget law are seen as a crucial step toward resolving these issues. The next few weeks will be critical in determining whether legislative and diplomatic initiatives can restore stability to Iraq’s oil sector and revive trust among industry stakeholders.

[kevc67] 07/1/2025 08:42

https://peregraf.com/en/news/8170

[bang_gone] 07/1/2025 08:40

#gkp #gkptakeover CEO gets his "stay bonus" paid in January.@Gulf_Keystone are sold TBA imminently.

[bang_gone] 07/1/2025 08:39

#gkp #gkptakeover a reminder of the scale of @Gulf_Keystone reserves, hence need for big oil to con out as many retail as possible , pre a monumental Takeover.And that is imminent.

[bobgray51] 07/1/2025 08:36

I thought Turkey were already on board with the pipeline opening and oil flowing. Surely they arent now back in the mix. This is the issue... the longer it drags on the more time people have to reevaluate their previous positions

[beernut1] 07/1/2025 08:31

From Lse

RE: Interview with IOC representative Mr Myles CagginsToday 08:29
Good interview with Caggins. AlsoKurdistan Regional Government (KRG) Prime Minister Masrour Barzani is scheduled to meet with Turkish President Recep Tayyip Erdogan on Tuesday, with oil exports taking center stage in discussions alongside bilateral relations and regional issues. The meeting, reported by Turkey’s Anadolu Agency, underscores efforts to revive oil exports between the Kurdistan Region and Turkey.

[redbed] 07/1/2025 08:14

#gkp #gkptakeover a reminder of the scale of @Gulf_Keystone reserves, hence need for big oil to con out as many retail as possible , pre a monumental Takeover.And that is imminent.

[highlander7] 07/1/2025 04:35

The ICG have a few problems. They have President Trump taking over in 2 weeks and promising sanctions for illegally selling Iran’s oil in breach of existing sanctions. They have a possible massive claim for compensation from Kurdish Oil companies and increasing Civil unrest across the country because of budget issues as a consequence of their self inflicted massive financial loss.

So its pretty obvious how this SHOULD go. However they are politicians not known for either common sense or intelligence. So we wait.

[kris akabusi] 07/1/2025 01:21

Wake me up, when September comes

[ptmorris1] 07/1/2025 00:23

Clearly not many punters around in January for your cab eh Muttley?

[bigdog5] 06/1/2025 23:10

That's correct sarah, fields "independently" (lol) assessed as previously a few of us mentioned that wasn't accepted by the gullible suckers here. Production costs, transport costs but included will obviously be the quality of the oil that will be taken into consideration simply because there is a massive difference between the very high API oil and the sludge.

Also to be considered is that Baghdad have the final word on the Independents findings which will of course add to the delay should Epicur not be happy. Then there will be more negotiations required. Then, as they approach September how will Erbil react if by that time BP are pumping decent amounts and the pipe is required for export!! BP obviously are happy with their terms.

With all the excuses and lipstick for the prettiest girl at the dance sarah does show a remarkable similarity to RW and all his unachievable predictions and excuses over the years. 55k a day will be easy fast and cheap springs to mind. Six/seven years wasn't it:-)

Now, will the share price manage to stay around where it is or based on absolutely no agreement on anything in the near term could it be in for a mullering?