Kurdish oil export payments continue after referendum by Daniel J. Graeber Washington (UPI) Oct 11, 2017 Gulf Keystone became the second company in as many days to announce payments for oil exported from the Kurdish north of Iraq after its referendum. Gulf Keystone Petroleum said Thursday it received a gross payment of $15 million from the semiautonomous Kurdistan Regional Government for oil exported from the region's Shaikan oil field. The payment was for oil exported in June, but comes less than a month after the Kurdish region held a contentious referendum for independence from the rest of Iraq. Norwegian oil and gas company DNO announced Wednesday it received $39.5 million from the KRG for oil exported from its Tawke field in July. It shared that payment with its operating partner, Genel Energy. Payments for exports for both companies were more or less on par with previous months. Companies working in the Kurdish region export oil through a pipeline running north to the Turkish seaport of Ceyhan on the Mediterranean Sea. Export capacity from the Kurdish pipeline is around 300,000 barrels per day. After the referendum, Turkey said it was considering choking off the flow of oil from the Kurdish north in response to what Ankara viewed as a destabilizing move. So far, there are no indications that Kurdish oil exports or operations have been disrupted. Representatives from Gulf Keystone, DNO and Genel declined to comment about the status of operations. On Tuesday, the federal Iraqi Oil Ministry called on the North Oil Co. to "speed up the implementation" of a project meant to move oil from a pipeline running from the disputed northern city of Kirkuk. Iraqi Prime Minister Haider al-Abadi called for a region-wide reconstruction effort after declaring northern Iraqi provinces liberated from the Islamic State, also known as ISIL, ISIS, and Daesh. The line running from Kirkuk, which the federal government said avoids Kurdish territory, could carry between 250,000 and 400,000 bpd. Parts of the northern Iraq are considered disputed territories with the KRG.
Washington (UPI) Oct 10, 2017 Norwegian energy major Statoil will start using liquefied natural gas as a maritime fuel at the port of Rotterdam by the next decade, a French gas company said. French energy company ENGIE and its Japanese consortium partners said they were selected by Statoil to supply LNG as fuel for four crude shuttle tankers at the Norwegian port of Rotterdam. "The four planned dual fuel vess ... read more Related Links All About Oil and Gas News at OilGasDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |