Gulf Keystone Irak-Ölperle Deutschland schläft (Seite 98)
eröffnet am 25.08.09 11:36:58 von
neuester Beitrag 14.04.24 23:30:32 von
neuester Beitrag 14.04.24 23:30:32 von
Beiträge: 1.198
ID: 1.152.605
ID: 1.152.605
Aufrufe heute: 7
Gesamt: 182.364
Gesamt: 182.364
Aktive User: 0
ISIN: BMG4209G2077 · WKN: A2DGZ5 · Symbol: GVP1
1,3000
EUR
+0,46 %
+0,0060 EUR
Letzter Kurs 09:14:27 Tradegate
Neuigkeiten
18.04.24 · EQS Group AG  |
28.02.24 · EQS Group AG |
Werte aus der Branche Öl/Gas
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 6,0800 | +43,06 | |
| 1,2100 | +34,44 | |
| 0,5070 | +31,52 | |
| 1,3300 | +23,15 | |
| 558,15 | +19,99 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 15,005 | -5,27 | |
| 0,8300 | -5,68 | |
| 6,4290 | -6,89 | |
| 1.050,01 | -14,28 | |
| 12,210 | -44,47 |
Beitrag zu dieser Diskussion schreiben
Feedback
Was war den der heutige Grund für den Anstieg???
Antwort auf Beitrag Nr.: 40.778.866 von Diego22 am 30.12.10 13:45:26Also the shaikan group is GKP, MOL and TKI.
Mirabaud Oil Update
Mirabaud Securities – Energy Research
5 January 2011
Gulf Keystone
Shaikan-3 confirms significant oil volumes in the Cretaceous
This morning, Kurdistan explorer Gulf Keystone Petroleum (GKP LN, Buy, PT 200p) announced that it had completed drilling and testing operations on the Shaikan-3 well. Located on the Shaikan block (GKP 51% fully diluted WI), the well is effectively a twin of the original Shaikan-1 discovery well, drilled to a shallower TD with a less powerful workover rig. Shaikan-3 tested the Cretaceous and Upper Jurassic intervals which had not been completely logged or evaluated in the discovery well, due to drilling difficulties. Two open hole and two cased hole flow tests were conducted in the Cretaceous, but no rate was reported.
As a result of log evaluations and recovered fluid samples, the company estimates that in-place P50 to P10 volumes of 220 million to 2.2 billion barrels of oil-in-place were discovered in the previously unevaluated Garagu interval (1060-1157m). The wide range of variation between the P50 and P10 figures results from uncertainty over the extent of the oil-bearing reservoir throughout the anticline structure. The lack of a test result suggests that the oil is likely to be heavy and viscous and therefore some form of heating may be required to mobilise the crude. The well has been completed as a second producer from the Sargelu interval (Upper Jurassic) to be tied back to the Shaikan-1 test production facility.
Comment:
The Shaikan-3 well has successfully demonstrated that the significant in-place resources at the Shaikan discovery extend into the shallower Cretaceous interval, and the well has again illustrated the scale of the resource potential across Gulf Keystone’s acreage in the Kurdistan region. The lack of a test result and therefore the likelihood that the oil contained in this interval is heavy is not out of line with expectations, but may be viewed by some in the market as a minor disappointment. Heavy oil fields can be developed with standard, proven enhanced recovery techniques such as steam-flood. Nevertheless, at this stage we have not elected to add the Garagu reserves to our Shaikan valuation model.
Gulf Keystone’s multi-well exploration and appraisal programme continues with the deeper Shaikan-2 and Sheikh-Adi-1 wells currently drilling, and Shaikan-4 due to spud in the coming months, while results from a 3D seismic shoot can also be expected. Overall, the company has a high-impact work programme for 2011 offering plenty of catalysts for the stock. Following the recent share price move towards 160p/shr we have a BUY recommendation with unchanged 200p/shr price target.
--------------------------------------------------------------------------------
Mirabaud Oil Update
Mirabaud Securities – Energy Research
5 January 2011
Gulf Keystone
Shaikan-3 confirms significant oil volumes in the Cretaceous
This morning, Kurdistan explorer Gulf Keystone Petroleum (GKP LN, Buy, PT 200p) announced that it had completed drilling and testing operations on the Shaikan-3 well. Located on the Shaikan block (GKP 51% fully diluted WI), the well is effectively a twin of the original Shaikan-1 discovery well, drilled to a shallower TD with a less powerful workover rig. Shaikan-3 tested the Cretaceous and Upper Jurassic intervals which had not been completely logged or evaluated in the discovery well, due to drilling difficulties. Two open hole and two cased hole flow tests were conducted in the Cretaceous, but no rate was reported.
As a result of log evaluations and recovered fluid samples, the company estimates that in-place P50 to P10 volumes of 220 million to 2.2 billion barrels of oil-in-place were discovered in the previously unevaluated Garagu interval (1060-1157m). The wide range of variation between the P50 and P10 figures results from uncertainty over the extent of the oil-bearing reservoir throughout the anticline structure. The lack of a test result suggests that the oil is likely to be heavy and viscous and therefore some form of heating may be required to mobilise the crude. The well has been completed as a second producer from the Sargelu interval (Upper Jurassic) to be tied back to the Shaikan-1 test production facility.
Comment:
The Shaikan-3 well has successfully demonstrated that the significant in-place resources at the Shaikan discovery extend into the shallower Cretaceous interval, and the well has again illustrated the scale of the resource potential across Gulf Keystone’s acreage in the Kurdistan region. The lack of a test result and therefore the likelihood that the oil contained in this interval is heavy is not out of line with expectations, but may be viewed by some in the market as a minor disappointment. Heavy oil fields can be developed with standard, proven enhanced recovery techniques such as steam-flood. Nevertheless, at this stage we have not elected to add the Garagu reserves to our Shaikan valuation model.
Gulf Keystone’s multi-well exploration and appraisal programme continues with the deeper Shaikan-2 and Sheikh-Adi-1 wells currently drilling, and Shaikan-4 due to spud in the coming months, while results from a 3D seismic shoot can also be expected. Overall, the company has a high-impact work programme for 2011 offering plenty of catalysts for the stock. Following the recent share price move towards 160p/shr we have a BUY recommendation with unchanged 200p/shr price target.
--------------------------------------------------------------------------------
Antwort auf Beitrag Nr.: 40.773.699 von Diego22 am 29.12.10 15:12:48City experts shrug off Excalibur's Gulf Keystone claim
Thursday, December 30, 2010 by Ian Lyall Evolution Securities oil analyst David Farrell restated his neutral recommendation today, saying the London and New York court challenges appear doomed to failure.
Excalibur Ventures is unlikely to win its claim to a 30 per cent share of Gulf Keystone Petroleum’s (LON:GKP) production blocks in Kurdistan, according to analysts following the company.
Evolution Securities oil analyst David Farrell restated his neutral recommendation today, saying the London and New York court challenges appear doomed to failure.
“We have spoken to Gulf Keystone regarding the simultaneous legal claims launched in the US and UK by Excalibur and believe that they are unlikely to be upheld,” Farrell said.
“Operations are unaffected and the company appears to have the backing of the KRG.
“However the case is likely to linger well into 2011 and comes as the company has re-iterated its desire to move to the main market.”
The Evo analysts’ comments mirror those of broker Mirabaud Securities, which yesterday restated its buy advice and 200p a share price target.
Excalibur’s website says it offers advisory services related to Iraq – from project finance to translators and security.
It is run by Rex Wempen, co-founder of the US-Iraq chamber of commerce and former security consultant.
The group is claiming it introduced GKP’s management to opportunities in Kurdistan region and had a contract to develop the area together three years ago.
GKP boss Todd Kozel said yesterday: “We believe we have very good grounds to vigorously challenge these claims in both the US and UK courts.
"We are confident of being able to defeat these claims in any legal jurisdiction and meanwhile, we remain focused on building upon our considerable operational success and continuing to prove the full value of our world class acreage."
Gulf Keystone has production sharing contracts covering four exploration blocks in northern Iraq.
It is currently embarking on an active appraisal and exploration drilling campaign in Kurdistan, including work to fully understand the scale of the world class Shaikan Field discovered in 2009.
Shaikan has the very real potential of being a “company maker”.
There is, however, an even greater prize if Shaikan and the adjacent projects of Sheikh Adi, Akri Bijeel and Ber Bahr turn out to be part of the same oil body.
Then GKP might then have a find on the scale of the Kirkuk to the south, which is estimated to have 60 billion barrels of oil in place, 20 billion of them recoverable.
At midday the shares were down 5p at 162.5p.
Thursday, December 30, 2010 by Ian Lyall Evolution Securities oil analyst David Farrell restated his neutral recommendation today, saying the London and New York court challenges appear doomed to failure.
Excalibur Ventures is unlikely to win its claim to a 30 per cent share of Gulf Keystone Petroleum’s (LON:GKP) production blocks in Kurdistan, according to analysts following the company.
Evolution Securities oil analyst David Farrell restated his neutral recommendation today, saying the London and New York court challenges appear doomed to failure.
“We have spoken to Gulf Keystone regarding the simultaneous legal claims launched in the US and UK by Excalibur and believe that they are unlikely to be upheld,” Farrell said.
“Operations are unaffected and the company appears to have the backing of the KRG.
“However the case is likely to linger well into 2011 and comes as the company has re-iterated its desire to move to the main market.”
The Evo analysts’ comments mirror those of broker Mirabaud Securities, which yesterday restated its buy advice and 200p a share price target.
Excalibur’s website says it offers advisory services related to Iraq – from project finance to translators and security.
It is run by Rex Wempen, co-founder of the US-Iraq chamber of commerce and former security consultant.
The group is claiming it introduced GKP’s management to opportunities in Kurdistan region and had a contract to develop the area together three years ago.
GKP boss Todd Kozel said yesterday: “We believe we have very good grounds to vigorously challenge these claims in both the US and UK courts.
"We are confident of being able to defeat these claims in any legal jurisdiction and meanwhile, we remain focused on building upon our considerable operational success and continuing to prove the full value of our world class acreage."
Gulf Keystone has production sharing contracts covering four exploration blocks in northern Iraq.
It is currently embarking on an active appraisal and exploration drilling campaign in Kurdistan, including work to fully understand the scale of the world class Shaikan Field discovered in 2009.
Shaikan has the very real potential of being a “company maker”.
There is, however, an even greater prize if Shaikan and the adjacent projects of Sheikh Adi, Akri Bijeel and Ber Bahr turn out to be part of the same oil body.
Then GKP might then have a find on the scale of the Kirkuk to the south, which is estimated to have 60 billion barrels of oil in place, 20 billion of them recoverable.
At midday the shares were down 5p at 162.5p.
War aber ein heftiger Sturz heute morgen.Da hätten einige lieber erstmal ausgeschlafen,bevor sie panikartig reagiert haben.
Bin mal gespannt,ob der Kurs wieder anzieht....
Bin mal gespannt,ob der Kurs wieder anzieht....
Antwort auf Beitrag Nr.: 40.773.475 von Diego22 am 29.12.10 14:32:08Mirabaud Oil Update
Mirabaud Securities – Energy Research
29 December 2010
Gulf Keystone
This morning, Gulf Keystone (GKP LN, Accumulate, 200p) announced that legal claims have been made by Excalibur Ventures, which demand up to 30% interest in the Companies Kurdistan blocks. The claims have been strongly rebuffed by GKP, and the company is confident that this challenge will be defeated in the courts. indeed an attempt by Excalibur to freeze Gulf Keystone's assets has already been rejected by a court in London.
The claim stems from 2006, when Texas Keystone (a privately owned company operated by the broader Kozel family, and totally separate from Gulf Keystone) and Excalibur had a bidding agreement to enter Kurdistan together. Excalibur claimed to have sufficient funding and strong connections in Kurdistan - neither of which turned out to be true - in fact Excalibur failed to qualify as a potential licencee. The agreement expired in February 2007 and then in November that year a subsidiary of Gulf Keystone signed a production sharing contract with the Kurdistan Regional Government for the Shaikan and Akri-Bijeel exploration blocks, along with MOL and Texas Keystone.
As documentation is in place confirming the termination of the agreement with Texas Keystone and Excalibur we are confident that this issue will be resolved in the companies favour. Besides, the company will argue that the issue only relates to Texas Keystone's 5% interest in the Shaikan block, and not to the interests of Gulf Keystone. We believe that Excalibur Ventures (a small group comprising a handful of employees) has received funding for legal action, with the hope of swift settlement to minimise disruption. However, we are confident that Gulf Keystone will successfully rebut these claims in court and therefore maintain our BUY recomendation and 200p target price.
Mirabaud Securities – Energy Research
29 December 2010
Gulf Keystone
This morning, Gulf Keystone (GKP LN, Accumulate, 200p) announced that legal claims have been made by Excalibur Ventures, which demand up to 30% interest in the Companies Kurdistan blocks. The claims have been strongly rebuffed by GKP, and the company is confident that this challenge will be defeated in the courts. indeed an attempt by Excalibur to freeze Gulf Keystone's assets has already been rejected by a court in London.
The claim stems from 2006, when Texas Keystone (a privately owned company operated by the broader Kozel family, and totally separate from Gulf Keystone) and Excalibur had a bidding agreement to enter Kurdistan together. Excalibur claimed to have sufficient funding and strong connections in Kurdistan - neither of which turned out to be true - in fact Excalibur failed to qualify as a potential licencee. The agreement expired in February 2007 and then in November that year a subsidiary of Gulf Keystone signed a production sharing contract with the Kurdistan Regional Government for the Shaikan and Akri-Bijeel exploration blocks, along with MOL and Texas Keystone.
As documentation is in place confirming the termination of the agreement with Texas Keystone and Excalibur we are confident that this issue will be resolved in the companies favour. Besides, the company will argue that the issue only relates to Texas Keystone's 5% interest in the Shaikan block, and not to the interests of Gulf Keystone. We believe that Excalibur Ventures (a small group comprising a handful of employees) has received funding for legal action, with the hope of swift settlement to minimise disruption. However, we are confident that Gulf Keystone will successfully rebut these claims in court and therefore maintain our BUY recomendation and 200p target price.
Trading Spotlight
Antwort auf Beitrag Nr.: 40.761.928 von Coxos am 26.12.10 09:36:06Sehr unerfreulich - und der Kurs sackt ordentlich ab --- naja mal schauen was da draus wird ....
29 December 2010
Gulf Keystone Petroleum Ltd. (AIM: GKP)
("Gulf Keystone" or "the Company")
Rejection of Legal Claims
The Board of Gulf Keystone announces that Gulf Keystone and two of its subsidiaries (referred to for the purposes of this announcement only, as "the Companies") received notice on 23 December 2010 that an arbitration ("the NYC Arbitration") was commenced by Excalibur Ventures LLC ("Excalibur") in New York on 17 December 2010 asserting certain contractual and non-contractual claims against the Companies and claiming that Excalibur is entitled to an interest of up to 30% in the Companies' blocks in Kurdistan.
On 21 December, 2010, Excalibur applied without notice to the Companies to the Commercial Court in London for a "worldwide freezing injunction" against the Companies' assets, which was refused by the Commercial Court on the basis that the Judge did not consider there was a risk of dissipation of assets. Excalibur also commenced proceedings in the Commercial Court in London on 17 December 2010 on the same grounds as in the NYC Arbitration ("the Commercial Court Claim") in order allegedly to protect its position in relation to potential limitation of actions under New York and/or English law. The Companies received notice on 23 December 2010 of the claims, since which time they have been in consultation with their legal advisers.
The Companies dispute the allegations and claims asserted in the NYC Arbitration and the Commercial Court Claim and intend to vigorously contest them.
The Board of Gulf Keystone will provide further announcements in due course.
Commenting on today's developments, Todd Kozel, Chairman and CEO said:
""We believe we have very good grounds to vigorously challenge these claims in both the US and UK courts.
"We are confident of being able to defeat these claims in any legal jurisdiction and meanwhile, we remain focused on building upon our considerable operational success and continuing to prove the full value of our world class acreage."
Enquiries:
Gulf Keystone Petroleum:
+44 (0) 207 514 1400
Todd Kozel, Executive Chairman
Ewen Ainsworth, Chief Financial Officer
Strand Hanson Limited
+44 (0) 207 409 3494
Simon Raggett / Rory Murphy / James Harris
Mirabaud Securities LLP
+44 (0) 207 878 3362
Peter Krens
Pelham Bell Pottinger LLP
+44 (0) 207 861 3232
Mark Antelme
or visit: www.gulfkeystone.com
29 December 2010
Gulf Keystone Petroleum Ltd. (AIM: GKP)
("Gulf Keystone" or "the Company")
Rejection of Legal Claims
The Board of Gulf Keystone announces that Gulf Keystone and two of its subsidiaries (referred to for the purposes of this announcement only, as "the Companies") received notice on 23 December 2010 that an arbitration ("the NYC Arbitration") was commenced by Excalibur Ventures LLC ("Excalibur") in New York on 17 December 2010 asserting certain contractual and non-contractual claims against the Companies and claiming that Excalibur is entitled to an interest of up to 30% in the Companies' blocks in Kurdistan.
On 21 December, 2010, Excalibur applied without notice to the Companies to the Commercial Court in London for a "worldwide freezing injunction" against the Companies' assets, which was refused by the Commercial Court on the basis that the Judge did not consider there was a risk of dissipation of assets. Excalibur also commenced proceedings in the Commercial Court in London on 17 December 2010 on the same grounds as in the NYC Arbitration ("the Commercial Court Claim") in order allegedly to protect its position in relation to potential limitation of actions under New York and/or English law. The Companies received notice on 23 December 2010 of the claims, since which time they have been in consultation with their legal advisers.
The Companies dispute the allegations and claims asserted in the NYC Arbitration and the Commercial Court Claim and intend to vigorously contest them.
The Board of Gulf Keystone will provide further announcements in due course.
Commenting on today's developments, Todd Kozel, Chairman and CEO said:
""We believe we have very good grounds to vigorously challenge these claims in both the US and UK courts.
"We are confident of being able to defeat these claims in any legal jurisdiction and meanwhile, we remain focused on building upon our considerable operational success and continuing to prove the full value of our world class acreage."
Enquiries:
Gulf Keystone Petroleum:
+44 (0) 207 514 1400
Todd Kozel, Executive Chairman
Ewen Ainsworth, Chief Financial Officer
Strand Hanson Limited
+44 (0) 207 409 3494
Simon Raggett / Rory Murphy / James Harris
Mirabaud Securities LLP
+44 (0) 207 878 3362
Peter Krens
Pelham Bell Pottinger LLP
+44 (0) 207 861 3232
Mark Antelme
or visit: www.gulfkeystone.com
Iraq gives go-ahead to Kurdish oil contracts
Tamsin Carlisle and Hadeel al Sayegh
Last Updated: Dec 26, 2010
Iraq's new central government plans to recognise contracts for oil and gas production in Iraqi Kurdistan, a step towards healing an extended rift that has delayed development of some of the world's largest oilfields.
Several UAE companies stand to benefit if the dispute is resolved.
Abdul Luaiby, two days into his new job as the Iraqi oil minister, said yesterday that there was an agreement between Baghdad and the regional government of Kurdistan.
"We have already signed an agreement with Kurdistan," Mr Luaiby said in Cairo yesterday on the sidelines of a Christmas Day meeting of the Organisation of Arab Petroleum Exporting Countries.
Under the deal, Baghdad would recognise several dozen contracts that the Kurds have unilaterally signed with more than a score of foreign oil and gas producers in their semi-autonomous territory in north-eastern Iraq.
The deal would also contain a revenue-sharing provision allowing foreign companies to be paid for oil and gas they pump for export.
"Yes, we will recognise them," Mr Luaiby said of the Kurdish contracts, which his predecessor, Dr Hussain al Shahristani, had declared illegal.
His statements followed five days of intensive talks last week when Nouri al Maliki, the Iraqi prime minister, led a delegation from Baghdad to meet Kurdish politicians on their home turf to hammer out a deal for an Iraqi coalition government.
The country has been without a government since its national election in March, and winning the support of the Kurds has proved the essential last step for Mr al Maliki to form a cabinet.
"The mood is much more positive now," said Hussein Baker, a Kurd from Erbil, the regional capital.
"The Kurds are very excited with the recent developments. The expectation is that foreign companies will now be able to export their oil and gas and the economy will boom."
The promise of an end to the increasingly acrimonious dispute, which had dragged on for nearly four years, should be good news not only for the Kurds and their foreign partners, but also for Iraq as a whole. One of the major casualties of the disagreement was a draft Iraqi federal oil law, badly needed to lend legal weight to the fistful of long-term service contracts that Dr al Shahristani signed with international oil groups over the past 18 months to develop large Iraqi oilfields outside Kurdistan.
Some of those fields, including a cluster of supergiants in the country's southeastern province of Basra, are among the largest in the world. But as long as the federal oil law remained stalled in parliament over the Kurdish dispute, the international oil companies that had signed the 20-year agreements to pump crude from the southern fields could not be sure that their contracts would not be overturned.
In Kurdistan, meanwhile, exports into Turkey of about 90,000 barrels per day (bpd) of crude by pipeline and tanker trucks were halted more than a year ago because Dr al Shahristani and Ashti Hawrami, the Kurdish resources minister, could not agree on a mechanism for paying the foreign oil producers.
The companies directly affected were Norway's DNO International, Turkey's Genel Enerji, and the Chinese state-owned Sinopec.
DNO, which is 30 per cent owned by the UAE's RAK Petroleum, cut back its output from the Tawke field in Kurdistan to 4,000 bpd last month because it lacked an export licence. Between June and September last year, it exported as much as 50,000 bpd from Tawke through a link to Iraq's northbound export pipeline.
Last year Genel Energy and Sinopec pumped about 40,000 bpd of crude from Kurdistan's Taq Taq oilfield for export, moving the oil by lorry. In October, Genel agreed to sell part of its stakes in Taq Taq and two other Kurdish fields to South Korea's UI Energy. The Turkish company has meanwhile pursued a project to build a refinery in Kurdistan
Tamsin Carlisle and Hadeel al Sayegh
Last Updated: Dec 26, 2010
Iraq's new central government plans to recognise contracts for oil and gas production in Iraqi Kurdistan, a step towards healing an extended rift that has delayed development of some of the world's largest oilfields.
Several UAE companies stand to benefit if the dispute is resolved.
Abdul Luaiby, two days into his new job as the Iraqi oil minister, said yesterday that there was an agreement between Baghdad and the regional government of Kurdistan.
"We have already signed an agreement with Kurdistan," Mr Luaiby said in Cairo yesterday on the sidelines of a Christmas Day meeting of the Organisation of Arab Petroleum Exporting Countries.
Under the deal, Baghdad would recognise several dozen contracts that the Kurds have unilaterally signed with more than a score of foreign oil and gas producers in their semi-autonomous territory in north-eastern Iraq.
The deal would also contain a revenue-sharing provision allowing foreign companies to be paid for oil and gas they pump for export.
"Yes, we will recognise them," Mr Luaiby said of the Kurdish contracts, which his predecessor, Dr Hussain al Shahristani, had declared illegal.
His statements followed five days of intensive talks last week when Nouri al Maliki, the Iraqi prime minister, led a delegation from Baghdad to meet Kurdish politicians on their home turf to hammer out a deal for an Iraqi coalition government.
The country has been without a government since its national election in March, and winning the support of the Kurds has proved the essential last step for Mr al Maliki to form a cabinet.
"The mood is much more positive now," said Hussein Baker, a Kurd from Erbil, the regional capital.
"The Kurds are very excited with the recent developments. The expectation is that foreign companies will now be able to export their oil and gas and the economy will boom."
The promise of an end to the increasingly acrimonious dispute, which had dragged on for nearly four years, should be good news not only for the Kurds and their foreign partners, but also for Iraq as a whole. One of the major casualties of the disagreement was a draft Iraqi federal oil law, badly needed to lend legal weight to the fistful of long-term service contracts that Dr al Shahristani signed with international oil groups over the past 18 months to develop large Iraqi oilfields outside Kurdistan.
Some of those fields, including a cluster of supergiants in the country's southeastern province of Basra, are among the largest in the world. But as long as the federal oil law remained stalled in parliament over the Kurdish dispute, the international oil companies that had signed the 20-year agreements to pump crude from the southern fields could not be sure that their contracts would not be overturned.
In Kurdistan, meanwhile, exports into Turkey of about 90,000 barrels per day (bpd) of crude by pipeline and tanker trucks were halted more than a year ago because Dr al Shahristani and Ashti Hawrami, the Kurdish resources minister, could not agree on a mechanism for paying the foreign oil producers.
The companies directly affected were Norway's DNO International, Turkey's Genel Enerji, and the Chinese state-owned Sinopec.
DNO, which is 30 per cent owned by the UAE's RAK Petroleum, cut back its output from the Tawke field in Kurdistan to 4,000 bpd last month because it lacked an export licence. Between June and September last year, it exported as much as 50,000 bpd from Tawke through a link to Iraq's northbound export pipeline.
Last year Genel Energy and Sinopec pumped about 40,000 bpd of crude from Kurdistan's Taq Taq oilfield for export, moving the oil by lorry. In October, Genel agreed to sell part of its stakes in Taq Taq and two other Kurdish fields to South Korea's UI Energy. The Turkish company has meanwhile pursued a project to build a refinery in Kurdistan
CAIRO(Dow Jones)--Iraq will recognize a score of oil deals signed by the Kurds in northern Iraq, Iraq's new oil minister, Abdul Kareem Luaiby, said Saturday.
"Yes, we will recognize them," Luaiby said when asked by Dow Jones Newswires.
Luaiby on Friday said the government will activate an agreement signed with Kurdistan earlier this year to export crude.
The central government in Baghdad and the Kurdistan Regional Government are at loggerheads over dozens of oil deals the KRG has signed with international oil companies. Baghdad says the deals are not binding as they haven't been approved by the federal government, while the Kurds say they are in line with the new constitution.
Luaiby's appointment to lead the oil ministry was approved by the Iraq parliament this week, as part of Iraqi Prime Minister Nouri al-Maliki's new Cabinet.
Al-Maliki has pledged to fulfill key demands from the Kurdish region that have long plagued Iraqi politics.
"Yes, we will recognize them," Luaiby said when asked by Dow Jones Newswires.
Luaiby on Friday said the government will activate an agreement signed with Kurdistan earlier this year to export crude.
The central government in Baghdad and the Kurdistan Regional Government are at loggerheads over dozens of oil deals the KRG has signed with international oil companies. Baghdad says the deals are not binding as they haven't been approved by the federal government, while the Kurds say they are in line with the new constitution.
Luaiby's appointment to lead the oil ministry was approved by the Iraq parliament this week, as part of Iraqi Prime Minister Nouri al-Maliki's new Cabinet.
Al-Maliki has pledged to fulfill key demands from the Kurdish region that have long plagued Iraqi politics.
irak. regierung soll heute stehen
Hosheyar Zebari as Foreign Minister
Rafea Al Issawi as Finances Minister
Abdul Karim Al Luaibi as Oil Minister
Ziad Tarek as Electricity Minister
Ali Al Adib as Higher Education Minister
Mohammed Tamim as Education Minister
Ezzdin Al Dawla as Agriculture Minister
Mohammed Salem Al Laban as Construction and Habitat Minister, Mohammed Hamid Amin as Health Minister
Ahmad Nader Dali as Industry Minister
Hassan Al Shumari as Justice Minister
Mohammed Allawi as Communication Minister
Abdul Karim Al Samarraie as Sciences and Technology Minister
Saadun Al Dulaimi as Culture Minister
Mohammed Shayaa as Human Rights Minister
Karkis Sleiwa as Environment Minister
Dindar as Immigration Minister
Amer Al Khizaii as State Minister for National Reconciliation Affairs
Ali Al Dabbagh as State Minister and Cabinet spokesman
Safaa’din Al Safi as State Minister for Parliament Affairs
Ali Al Sajri as State Minister for Foreign Affairs
Hussein Al Shaalan as State Minister for Tribes Affairs
Sabah Mazahem, Hasan Al Sari and Nurhan as State Ministers
Hosheyar Zebari as Foreign Minister
Rafea Al Issawi as Finances Minister
Abdul Karim Al Luaibi as Oil Minister
Ziad Tarek as Electricity Minister
Ali Al Adib as Higher Education Minister
Mohammed Tamim as Education Minister
Ezzdin Al Dawla as Agriculture Minister
Mohammed Salem Al Laban as Construction and Habitat Minister, Mohammed Hamid Amin as Health Minister
Ahmad Nader Dali as Industry Minister
Hassan Al Shumari as Justice Minister
Mohammed Allawi as Communication Minister
Abdul Karim Al Samarraie as Sciences and Technology Minister
Saadun Al Dulaimi as Culture Minister
Mohammed Shayaa as Human Rights Minister
Karkis Sleiwa as Environment Minister
Dindar as Immigration Minister
Amer Al Khizaii as State Minister for National Reconciliation Affairs
Ali Al Dabbagh as State Minister and Cabinet spokesman
Safaa’din Al Safi as State Minister for Parliament Affairs
Ali Al Sajri as State Minister for Foreign Affairs
Hussein Al Shaalan as State Minister for Tribes Affairs
Sabah Mazahem, Hasan Al Sari and Nurhan as State Ministers
bin gespannt
was der londoner handel morgen aus der meldung macht
was der londoner handel morgen aus der meldung macht
Durchsuchen
