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Same here !
2010, still in not sold 1 share, seen it all
2010, still in not sold 1 share, seen it all
Have to question why Turkey would make such a statement about the pipeline. If they are playing hardball they wouldn't say such a thing as it damages their negotiating position. It's a very clear signal. Barzani is acting as the middle man as he has to as biggest impact is on KRG.
Whist I’d like to agree with you, haven’t we seen it all before? as simultaneously Turkey are filing appeals against the arbitration and one wonders how anything can really progress against a back drop of this nature. After some nearly 13 years it continues to be an exhausting share to hold.
Erdogan will visit when it's time for a photo op, smiles and handshakes.
There are a lot of legal cases flying around so it may take time. However, it's wrong to link it to the pipeline. Getting oil and cash flowing is more important to all parties so can go ahead before his visit. The legal cases can then melt away ready for Erdogan.
That's a very clear signal.
There was a big pow wow in Baghdad yesterday. There needs to be an agreement on Sunday. If they can agree then expect instruction will sent to Turkey to open. Turkey are saying they are ready to open so won't be able to use the damage excuse anymore. This is getting very close now. Real problem for shorters.
Https://www.middleeasteye.net/news/turkey-iraq-kurdistan-oil-exports-appeals-arbitration-ruling
Turkey appeals against arbitration ruling on Iraq and Kurdistan oil exports
Turkish energy minister says Ankara has to protect its interests as Iraq isn't seeking an amicable solution to the arbitration dispute over Kurdistan oil exports.
"Turkey has filed an application to the International Chamber of Commerce against Iraq to overturn an arbitration ruling which struck Ankara with a net $1.4bn in damages in relation to crude oil exports from the Kurdistan region, a senior Turkish official told journalists on Thursday.
“We are saying that we can have an amicable solution for this issue, but the Iraqi side continues to take legal action,” Alparslan Bayraktar, the Turkish energy minister, said. “But from the legal perspective, we need to control and we need to take care of our own interests. We will file in Paris court for a set-aside case.”
It isn't immediately clear whether Turkey is trying to cancel the whole ruling or is seeking a partial overturn.
"Bayraktar added that an independent surveyor has been working on the inspections and is preparing a report to be used in the future if Iraq also sues Ankara for placing a force majeure on the oil flow.
Turkish and Iraqi officials had been negotiating a deal to end the stalemate.
Turkey wants Baghdad to withdraw a second ICC court case regarding the period after 2018, and find mutual ground to work out the award. Ankara also asked Iraq to find a payment system that could satisfy both the KRG and Baghdad.
Excellent when "more", terrible when "less".
Excellent news pipeline is ready for output
Just in time oil price is booooooming $94.30
Turkey will reopen as that area is also suffering with oil price increasing everyday
GKP getting ready for take off
Armasmaximilian. I for one read post here in part to debate issues related to GKP, but for the most part to gather useful information from those that discover or know something that I don’t. While I do read your fanciful posts regarding stupid trading activities this is not the place to air your idiotic politics.
Https://watcher.guru/news/how-much-oil-commodity-expanded-brics-control
Isis USA made. Problem now is USA are out. I lost to USA uk but I knew they would pump to billions. Now they have utterly lost nor only narrative but control of events.
This is a new world.
Led by Russia backed by China.
West is fuxxed
Anyone here from 2012 P&D days,Court cases.Todd kozel era.
Many genuine lads who were early investors at 3.00 pence & sold all the way to £2.92 when Exxon,Sinopec,Shaikan Billion Barrels rumours were flying around.
Many posters from iii pumped it,silly beggars like myself bought it at £2.82 only to see life saving gone down the drain when it hits lowest ,ISIS took over Iraq.
There's no blood yet Mr. Rothschild
Indeed Putup. Wise words.
The hard part is figuring out whether there's (enough) blood yet... Looking forward to you soaking it up.
Buffet's advice springs to mind. Best time to buy is when there is blood on the streets.
Agreed they should provide a sales update, unless of course the situation hasn’t changed in terms of quantity and price. Especially as on the last occasion when the share price fell into the eighties a full RNS followed.
P.S. just noticed a Rudaw report, high level talks in Bagdad re. Budget allocation, it seems that Kurdistan is being starved of funds, can only hope that the loss of a billion dollars or so per month in oil revenue will be taken into account, or does that require common sense?
Patience still required
We must be due an update on local sales increases?? Or will be a secret again.
I would say we are over 30kkbopd now surely.
For Jabrams tell me this, for banter sake, the purpose you see for a 'placing' 😁
Putup, or Mr chill, might be able to add a little bit of light to our current value
With oil price going up am sure they can negotiate a better price.
Clear now was a paid hack to keep buying up as off loading was going on.