Kurdish Oil Exports top $1bn Friday, 19 September, 2014
The Kurdistan Region of Iraq has exported more than 14 million barrels of oil from its independent oil pipelines to Turkey in the last nine months, according to a report from BasNews.
A spokesman for the KRG’s Natural Resources Committee told the news agency that the exports have brought in over 1 billion dollars [1.2 trillion Iraqi dinars] in revenue for the Kurdistan Region, adding: “The KRG hasn’t sold the oil of any fields in Kirkuk province, and they won’t because it is a violation of the Iraqi constitution.”
Current exports are running at a rate of over 250,000 barrels of oil per day.
Nano seconds, not quite, but a tad impatient yes, never was my strong point. As for Divi's till the oil has dried up, :) havnt got that long lol plus, we need the payment side to keep the oil flowing to get to the point of t/o ? Whether, 4, 5, 6, 7, 8, or indeed 18 Id settle for it sooner rather than divi's ? Im on here as I find it very interesting, intriguing etc and at times fun, its not all about fortune, although quite rightly fortune does help of course:), but, its not fun when considerably down and so with limited patience, my option would be an early t/o - not every ones point of view, but each to their own :)
Not a chance. Settle for a take over! Have some patience we are sitting on a retirement reserve. Are you living in nano seconds? No way Should any investors here sell out at some bid unless it is ten times the current. I want dividends til all that oil is dried up.
Interesting... hope its not TK with his US version of English Breakfast tea lol.... What is needed, is good old fashioned Tetleys ! or may be if it is a high finance deal, a cup of Earl Grey lol... whichever... bet it wont have milk & sugar in it ? :)
I hope so too! Symbols are hugely important in the Middle East so Abadi moving first probably means he will make the first offer on some kind of deal. There is a special kind of tea they drink in Iraq during negotiations. It is an interesting ritual. If the one visiting sips his tea first, that means he has already agreed to the host's terms. They use this ritual for wedding proposals and business deals. It allows both parties to save face in case of disagreement. I would like to see who sips his tea first!
Hope Abadi, takes his cheque book :) That indeed would show how serious he is to make it work, or maybe he is going to talk to some of the oil co influencers ? ie Mr TK and co ? Hope the meeting shows he is a: genuine and b: has a positive outlook on this situation ? Would do wonders for sp :)
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