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Oil companies in Kurdistan call for resumption of oil exports.

They have come out the woodwork and have spoken after 4 months of silence.

Erdoğan going to iraq IOC speaking up whatever next I wonder???

The Domino effect has started 400kbopd will be a distant memory soon !!!

We can all see but kurdistan can't..

https://www.rudaw.net/english/kurdistan/260720231

12.5% of budget allocation hence why they can't pay anyone !!

How long can they carry on not paying people's salaries is is anyone's guess .

Gkp will last longer than the civil unrest which is about to spill over in the country if this carrys on ...

This will only end one way if not sorted soon WAR ..

Https://oilprice.com/Latest-Energy-News/World-News/Kurdistan-Partially-Honors-Oil-Supply-Commitment-To-Federal-Iraqi-Govt.html

Rich tea or Digestives !! To many false dawns here am I going to hold my breath absolutely not ..

Has the Oil and gas law been signed yet ?? If not forget any oil flowing for a while yet..

Who's holding for the next update RNS ???

Rogthegamer that's a little bit hypocritical wouldn't you say!!

Urwin and Solo pop up with 2 post only on gkp am I missing something here ??

How much is 3 trillion dinars in dollars or is that a spelling mistake and should be 3 billion dinars ?? 3 trillion seems a lot .

If so maybe some sort of payment might be coming ...I won't hold my breath though

Solo Your 2 posts will have no impact on gkp fate !!

Other Articles read another version of events going forward so who knows what to believe..

We have talked with Baghdad about the technical implementation of the budget law to establish a stable system that does not suffer from daily political collapse and political situation," Khasraw said.

"About three trillion dinars have been allocated for oil extraction and the Kurdistan Region supplies 60,000 barrels of oil daily to the refineries," he said.

"We have no problems with Baghdad in terms of technical, expenditure and production of oil. At this stage, oil is not a problem in the negotiations between Erbil and Baghdad, and coordination between the Ministry of Natural Resources and the Iraqi Oil Ministry is very good.

Interesting read !!

https://www.fpri.org/article/2023/07/autonomy-curbed-kurdish-oil-exports-hit-snags-from-turkey-and-baghdad/

Ernment are the reason for the ongoing halt.

Last week, Basim Mohammed Khudair, the Iraqi oil ministry’s undersecretary for extraction affairs, rejected Erdogan's claims reiterating that Erbil and Baghdad are on the same page regarding the resumption of exports.

The federal budget law obliges the KRG to sell 400,000 barrels of crude oil through Iraq’s national oil marketing body and if the suspension of exports continues, Iraq will take Kurdish oil for its internal use.

More tea Vicar what a joke this has become !! Still don't understand why the pipeline isn't open when all parties

agreed to open it ASAP !!

No budget money until 400kbopd which ain't going to happen this year after the long lay off and lack of payments !! IOC ramp up will be be slow because of cash reserves

Yes Unfortunately !!

No further than 3 months ago!!

HCL will not be passed this year or probably the next .

Remember these idiots are payed to delay and delay and eat as many biscuits as possible...

More tea and biscuits Vicar !!

How much longer can this sh!!!t carry on for .

Erdoğan wants oil flowing and iraq and Kurdistan want oil flowing so is bu!!! Sh!!! tting us ???

As Brazani is worth $55b and doesn't care about his people I would yes he can afford to lose $1b a month for his country !!

Doesn't affect his personal wealth ...

A bullet between the eyes is the answer

Highlander I 100% agree!!!

BOD only see it as a luxurious lifestyle with no concern for shareholder now.

All businesses have potential but run by idiots you have no chance ..

And these share options of 6.5m really tells you what you need to know really.

Are they any better than KRG probably not and probably worse .

No local sales as the BOD are hoping on the pipeline opening!!

Hope doesn't pay the bills in a corrupt country full self serving bent politicians.

GKP bod have become incompetent and listening to back ground rubbish without acting according.

Never a plan B here !!

Greed upon greed !!

Erdoğan happy to open the taps but it's obvious Iraq doesn't...

So no budget money for kurdistan untill they do.

How long can kurdistan go on not paying civil servants for working ???

Still lots of politicians need their nests feathered before any oil flows ..

DNO shut down production from its operated oil fields in the Kurdistan region of Iraq after it was instructed in late March to temporarily cease deliveries to the Iraq-Turkey Pipeline. The reported gross operated production in Q2 2023 represents volumes that were produced into April and placed in storage tanks. Sales from storage to local markets commenced during the quarter and have been stepped up.

The Market has the Pipeline opening priced in now !!

Payments are the only catalyst to get GKP moving now.

Let's hope gkp get at least one before they start up production again ?

What was Gkp spend per month before production stopped??