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Over the course of 14 days, 2.73 million barrels of oil, or 195,000 barrels per day on average—were supplied, according to KRG officials. The entire value of exports from the Kurdistan Region comes to about $168.8 million at an estimated price of $60 per barrel.

https://channel8.com/english/news/46386

Colombian President Gustavo Petro expressed full support for an independent Kurdistan during an interview with Kurdistan24, drawing parallels between Kurdish and Palestinian struggles for statehood.

At the conclusion of the interview, President Petro asked Kurdistan24 to convey his personal greetings and message of solidarity to the Kurdish people:

“I would say that moving forward, the existence of a Palestinian nation and state must go hand in hand with the existence of a Kurdish nation and state. Please send my greetings to your people. Thank you very much.”

https://www.kurdistan24.net/en/story/868599/colombian-president-gustavo-petro-voices-support-for-an-independent-kurdistan

A member of the Iraqi parliament's Oil and Gas Committee said the oil and gas law will not be passed during the current session of parliament, and the discussion around it is merely for the election campaign.

Nazim al-Shibli, a member of the Committee, told Channel8 that "the oil and gas law will be discussed in the sixth session of the Iraqi parliament."

Al-Shibli stated that the bill has been pending for more than 19 years and this session of parliament does not have time to pass it.

He remarked the committee is close to passing the bill, which is considered the most important of the 150 bills.

According to him, the law will regulate oil exports and prevent illegal sales outside SOMO.

Referring to the tripartite oil agreement, he emphasized that following that deal, relations between Erbil and Baghdad in the field of oil and gas have entered a new stage, which will pave the way for the drafting of a comprehensive law.

https://channel8.com/english/news/46315

The Battle of Economy and Influence:

Iraq between the jaws of the Chinese dragon and the American falcon. Who will control the country's wealth after the elections?

Iraq is no longer just an oil-producing country, but has become one of the most important arenas of economic conflict between the two superpowers, with China holding on to the country's energy and Washington trying to regain a foothold in a market it has gradually lost over the past decade.

(interesting insight....good for reading...)

https://baghdadtoday.news/284841-.html

Iraqi Prime Minister Mohammed Shia Al-Sudani met with representatives of the U.S. energy company HKN and emphasized the importance of resuming oil exports from the Kurdistan Region, describing it as a key component of Iraq’s national energy strategy.

Al-Sudani highlighted HKN’s role in facilitating the completion of the agreement to resume oil exports from the Kurdistan Region through the Iraq–Turkey pipeline (ITP), calling it “essential for the development of Iraq’s energy sector and the fair distribution of revenues.”

The resumption of exports will ensure that all Iraqis benefit from their national resources

https://channel8.com/english/news/46282

ERBIL (Kurdistan 24) – Kamal Mohammed, Acting Minister of Natural Resources for the Kurdistan Regional Government (KRG), announced on Wednesday that over 2.1 million barrels of oil have been exported from the Kurdistan Region to Turkey’s Ceyhan port so far, with an average of 190,000 barrels delivered daily to Iraq’s State Organization for Marketing of Oil (SOMO) over the past 11 days.

“The Kurdistan Region currently produces 250,000 barrels of oil per day, of which 50,000 barrels are allocated for domestic consumption,” Minister Mohammed told Kurdistan24. He explained that this portion is used for generating electricity, producing gasoline, and a small amount of kerosene, emphasizing that these supplies are essential to sustaining all sectors in the Region.

The minister further noted that the Iraqi government has pledged to provide an additional 15,000 barrels of oil daily if the current supply falls short of domestic needs.

Mohammed confirmed that on Oct. 3, SOMO reported storage congestion at Ceyhan port, prompting a 10-hour suspension of oil exports. A similar reduction in exports occurred on Oct. 6 due to full warehouses once again. He clarified that such overflow incidents are normal and that the KRG has coordinated with the Iraqi Oil Ministry to establish a more efficient export schedule.

He reaffirmed that the management, data, and transportation of oil from the Kurdistan Region to Ceyhan remain under KRG authority, while SOMO’s role is limited to marketing the oil.

https://www.kurdistan24.net/en/story/868306/krg-exports-over-21-million-barrels-of-oil-to-ceyhan-port-acting-minister-confirms

https://www.basnews.com/en/babat/896451

ERBIL, Kurdistan Region - Iraq's Foreign Minister Fuad Hussein on Wednesday commended current relations between Baghdad and Erbil as "good", assured Kurdistan Region's civil servants that salaries for the months of September and August will be paid without a problem per agreements between the two governments, and said "no fundamental problem remaining."

Kurdish ministers at the Iraqi government, including Hussein, gathered with Prime Minister Mohammed Shia' al-Sudani on Monday, following a meeting of the Council of Ministers to discuss the latest developments

“The meeting took place after the Council of Ministers’ meeting. We as Kurdish ministers had a meeting with the prime minister regarding the salary issue and Kurdistan’s oil issue," Hussein said. "Thankfully, the situation is good. We hope that the salary will be paid in the coming days.”

"There is no fundamental problem remaining. If there is a cash money problem, it is related to all of Iraq, not just Kurdistan," Hussein said.

https://www.rudaw.net/english/kurdistan/081020255

Why.... Published Again ?

Why Today ?

*Last time GKP published it, was on 9th September 2025 (just a month ago)

Is it related to OSLO Secondary Listing?

We'll find soon...🤞

Https://wp-gulfkeystone-2020.s3.eu-west-2.amazonaws.com/media/2025/10/25-10-GKP-corporate-presentation-website.pdf

Turkish President Recep Tayyip Erdogan said on Wednesday that a Turkish, Kurdish, and Arab alliance is the key to achieving peace, security, and stability in the Middle East.

https://www.basnews.com/en/babat/896413

* After going up 40%, from 160p to 224p, with in a few weeks,

* It has come down just 10% to the current price, say 201p

* There are no big sellers selling here (number of shares traded today and in the last few days is an evidence in this regard).

* It's only a combination of small trades & the usual action of market makers making it move downwards (for whatever reasons)

and is always healthy for the next move upwards, in my humble view🤞

ERBIL, Kurdistan Region - Kurdistan Region Deputy Prime Minister Qubad Talabani on Wednesday stressed the importance of having a law in Iraq to regulate the country’s gas and oil resources, adding that this could pave the way for more foreign investment.

Speaking during a panel at the Middle East Research Institute’s (MERI) Forum 2025 in Erbil, Talabani said that oil and gas would not just benefit the Kurdistan Region but the whole Iraq.

“How can a country of 46 million population, whose main source of revenue is oil, not have a law to regulate this sector?” he asked. “This is a catastrophe. Therefore, we need an oil and gas law approved in Baghdad and avoid interpretations we have been suffering from since 2017.”

“An oil and gas law is going to benefit Basra, Anbar and other areas with natural resources as well. It will also bring more trust and confidence to the country, paving the way for more investment from international oil companies under a legal framework,” he said, adding that oil companies are reluctant to invest in Iraq due to lack of a law.

https://www.rudaw.net/english/kurdistan/081020253

Iraqi PM Mohammed Shia’ al-Sudani on Wednesday attended the signing ceremony of a memorandum of understanding (MoU) between the Ministry of Oil and US oil and gas giant ExxonMobil.

Al-Sudani pointed out that "the agreement is an important step for the future of the oil sector in Iraq and the development of economic relations with the United States of America," stressing that "the doors are open for all major international companies to contribute to the development of the oil sector."

According to the statement, al-Sudani indicated "the government's interest in cooperating with major oil companies, especially the American ones, to work in important oil fields, including the Majnoon field in Basra, and the keenness to attract investments in the energy sector and its development, especially in the field of gas investment."

https://x.com/thenewregion/status/1975872127283995021

https://baghdadtoday.news/284803-.html

Oil major Exxon Mobil (XOM.N), opens new tab is considering re-entering Iraq after a nearly two-year hiatus by signing agreements that would lay the groundwork to explore the country's giant Majnoon field, Bloomberg News reported, citing people familiar with the matter.

In the past two years, Iraq has signed agreements with several oil firms that had previously retreated from the country, including Chevron (CVX.N)

https://channel8.com/english/news/46200

According to Channel8’s sources, the Kurdistan Regional Government (KRG) is waiting for the Iraqi federal government's approval to transfer 120 billion dinars in non-oil revenue from August into the account of Iraq’s Ministry of Finance.

Salary Transfer Mechanism

The process is structured in three steps:

Baghdad must first approve the salary funding.

Then, the KRG deposits the non-oil revenue into Iraq’s bank account.

Finally, Baghdad sends the salaries to the region.

https://channel8.com/english/news/46211

Hamdi Shingali, Deputy Director of the State Oil Marketing Organization (SOMO), said that the export of oil from the Kurdistan Region will reach 400,000 barrels per day in the near future.

Shingali told reporters that "after three months, APIKUR [the Association of the Petroleum Industry of Kurdistan], Baghdad, and Erbil will sign a tripartite agreement to extend it," he said.

"SOMO needs Kurdistan Region oil,” he stressed.

However, some issues and demands of oil companies still remain to be resolved, and reportedly the matter is under discussion.

The agreement does not clearly state that Iraq will be responsible for repaying the debts owed by the KRG to oil companies.

https://channel8.com/english/news/46178

“The Kurdistan Region is a neighbor to Turkey, and through this, Iraq can benefit greatly from it. [Iraq can] make Kurdistan a strategic and important center for oil sales and a route to reach European countries,” Deputy Director of Iraq's State Organization for Marketing of Oil (SOMO) Hamdi Shingali told reporters.

“It is better for Iraq to have another route for selling oil besides Basra,” the deputy director added.

https://thenewregion.com/posts/3267

Hamdi Shangali، deputy CEO of SOMO: The oil agreement will be extended after three months because we need the Kurdistan Region's oil.

https://x.com/Rudawkurdish/status/1975483780518584422

Hamdi Shingali, deputy Director of Iraq's state oil marketer SOMO, on Tuesday told The New Region that the Kurdistan Region's geographic positioning allows it to become “a strategic and important center for selling oil and a route to reach European countries”

He added that the breakthrough agreement to resume Kurdistan Region’s oil exports should give Iraq “an incentive to implement other major oil projects and connect them to Europe”

https://x.com/thenewregion/status/1975465444740903129

Policy Today, 20:00 | 236

Kurdistan Democratic Party: The continuation of the oil agreement with Baghdad depends on the enactment of the oil and gas law.

Baghdad Today - Erbil

The oil and gas issue constitutes a fundamental thorn in the relationship between Baghdad and Erbil. Despite the recent resumption of regional oil exports, the absence of a clear legislative framework remains a constant source of concern that threatens any future understandings. The dilemma is not simply related to the barrels exported or financial revenues, but rather to the essence of regulating national wealth and resolving the chronic dispute between the central government and the region, which has extended for decades.

Kurdistan Democratic Party (KDP) member Sherzad Hussein commented on the importance of continuing the oil agreement between Baghdad and Erbil, telling Baghdad Today, "The oil agreement between Baghdad and Erbil is not temporary, but if we want it to continue, the oil and gas law must be passed by the next parliamentary session."

https://baghdadtoday.news/284680-.html