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| South Kurdistan oil & gas development | |
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| Tweet Topic Started: Nov 17 12, 1:25 (649,192 Views) | |
| ALAN | Jun 14 13, 12:09 Post #526 |
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nice check out the map they have used
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| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| Brendar | Jun 16 13, 1:39 Post #527 |
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The Review Kurdistan - JUNE 2013 (71 Pages) http://www.investingroup.org/files/the_review-kurdistan_region_of_iraq-june_2013.pdf |
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| Brendar | Jun 16 13, 1:43 Post #528 |
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KURDISTAN OIL & GAS FACTSHEET |
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| ALAN | Jun 16 13, 1:56 Post #529 |
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KAR the future South Kurdistan (KRG) national oil company |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| Alendsh | Jun 16 13, 4:19 Post #530 |
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1 million barrels per day might give jobs to many engineers, technical people, economists etc. I hope KRG take care of worker rights such salary, safety etc |
| Give nine, save ten. | |
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| ALAN | Jun 17 13, 1:06 Post #531 |
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South Kurdistan’s Independent Energy Contracts and the US Discontent 1. Introduction The United States’ government has expressed discontent with the oil development deal reached between south Kurdistan (KRG), Turkey and Exxon Mobil. Under the deal, Kurdish oil is planned to reach international markets through construction of oil pipelines passing through Turkey and ending at the Mediterranean shores. The deal has been struck without the Iraqi government’s approval. The US opposition, however, is not congruent with its economic and political engagements in the region. The opposition comes at a time when its oil giants Exxon Mobil and Chevron are already involved in energy developments in South Kurdistan. These companies will loss potentially significant benefit should they be forced to abandon their operation in South Kurdistan. On political fronts, the US is pursuing a grant strategy in the region. This grant strategy envisions changing the political dynamic of the region with an inevitably potential Kurdish power consolidation. The rising Kurdish political power can already be seen in South, North and Western parts of Kurdistan. These inevitable consequences are benign within the US strategic calculations. The US shares strategic economic, political and security interests with an emerging independent Kurdistan. These shared interests originates with the US and Kurdistan being reliable allies in driving future political and security environment in the region that is both peaceful and western friendly. Both sides have mutual interest in neutralising Islamic extremism that poses threat to Kurdish Statehood aspirations and the Western States security interests including that of Israel. Therefore, in the long-term, Kurdish power consolidation is inevitably an integral part of the US political strategy in the region. However, in the short-term, this political convergence does seem to be fomenting. 2. the US Opposition Turkey’s recent high ranking officials visit to the US sheds light on the US policy in opposing the oil deal. The Turkish Prime Minister Erdogan and his Ministers held meetings with the US officials to obtain US approval for the oil deal. The Turkish Minister for Energy and Natural Resources Taner Yildiz revealed that the US government is concerned with Turkey’s State level involvement in the oil and gas developments in South Kurdistan. The Minister criticised the US opposition at a time when there are already 19 countries and 39 companies involved in the oil development in South Kurdistan. He stressed "how could it be that the Iraqi constitution is not violated by those countries but by Turkey" [1]. These negotiating points of dispute between the American and Turkish officials lead us to make some inferences about the reasons behind the US opposition to the oil deal: 2.1. Disintegration of Iraq Firstly, the US government is concerned with the disintegration of Iraq and formation of an independent Kurdistan in the near future as it may lead to further political turmoil. The perception is that if the energy deal proceeds, South Kurdistan will achieve economic independence. Kurdistan will consolidate its political status by engaging in State level crucial economic dealings independent of Baghdad. Kurdistan will achieve sufficient political and economic power on practical ground to transform its de facto independence to a de jure status in the near future. The US opposition therefore reflects the US government’s disapproval of a de jure independent Kurdistan at least at the near future. From the US government’s perspective, creation of an independent Kurdistan at this time amidst the instabilities in the region may backlash against its strategic planning in the region. This view is expressed on the backdrop of Iraq’s current political and sectarian strife. The Sunni and Shia disputes and infighting in Iraq has resulted in extensive political turmoil. While both sides have conflicting interests on the political landscape of Iraq, they share similar views and political interests in maintaining Iraq’s territorial integrity and constraining Kurdistan’s separation. Therefore, the division of Iraq and separation of Kurdistan would add to the already unstable political circumstances of Iraq. This would undermine the US justification for intervening in Iraq in order to bring peace and stability to the region rather than opening the Pandora’s Box and create further conflict and instability. At the same time, there is a growing nuclear threat from Iran. This is combined with Iran led assertive Shia power posture in the region which poses considerable political and security threat to Israel and other Western States’ interests in the region. The conflict between the Assad regime, supported by Iran and Russia, and the Syrian opposition forces is not going to solve any time soon. The United States and Western States’ priority is dealing with these political and security concerns. Therefore, under these unstable political, religious and security circumstances, any development that leads to an independent Kurdistan may intensify instability in the region. The US in particular does not want to intensify political instability in Iraq. 2.2. Turkish Hegemonic Threat Secondly, the US may also be partly worried about the growing Turkish political and economic power in the region. The United States is apprehensive of the balance of power being shifted in favour of Turkey enabling it to act and adopt policies independently. Turkey lacked economic power and resources to become an independent power in the region. It could not pursue its regional hegemonic aspirations. Turkey even lacked the capacity to strengthen its influence over the regional Turkic States. The oil deal will provide Turkey with significant economic benefits. It will provide Turkey with significant revenue from the taxes or charges obtained from the oil transferred through its territory. More importantly, Turkey’s energy costs will be reduced at least by half. These and further future economic inroads into South Kurdistan will result in Turkey achieving significant economic power.[2] Turkey would be enticed to raise its political profile by more engagement in the region’s political affairs. Turkey will act to strengthen its cultural bonds with the Turkic States in the region. Therefore, having gained sufficient economic and political power, Turkey will be encouraged to pursue an independent political agenda in the region and change the balance of power in its favour. The US would be alarmed by any shift in the balance of power that would endanger its strategic interests in the region. This could occur if Turkey consolidates its power and unlike cold war era pursues an independent political agenda in the region. It would be even more concerning if the current Turkish government with its Islamic roots pursues old Ottoman hegemonic aspirations. Therefore the US would oppose any political or economic development proceeding in this direction. 3. Conclusion The United States’ government opposes the oil deal reached between South Kurdistan, Turkey and Exon Mobil because of two main reasons. Firstly, it may result in South Kurdistan proclaim independence in the near future that would bring further political instability to the region, especially to Iraq. Secondly, it has the potential of changing the balance of power in the region in favour of Turkey which may endanger the US strategic interests in the region. http://www.ekurd.net/mismas/articles/misc2013/6/state7151.htm |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| ALAN | Jun 17 13, 11:54 Post #532 |
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US is not god in the world and if 30 million kurds create a state in SK and get autonomy in the other 2 remaining parts there is nothing these hypocrites can do about it! we will dump shithole i-rack once the pipelines are operational and the international markets get a taste of our oil
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| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| Worldwar2boy | Jun 18 13, 5:21 Post #533 |
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US is losing their momentum in the Middle-East anyway. By the way, it might all be a political game to easen the camells in Baghdad. I don't think US will actually choose the ally of Syria and Iran over the Kurds, especially not now they're warning Syria with an invasion and Iran is sending troops to Syria. Maybe they do this so Milki thinks he has US support and US does this so KRG can finish oil pipeline on time and without Baghdad interfering. |
| biji kurd u kurdistan !! | |
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| Qandil | Jun 18 13, 8:10 Post #534 |
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Chevron signs oil deal contract with South Kurdistan![]() US energy giant Chevron has signed another oil exploration deal in the autonomous South Kurdistan, it said on Monday, one of several contracts between Kurds and foreign energy firms that have enraged Baghdad. The contract to explore the Qara Dagh field, in the south of the three-province region, is Chevron’s third with Kurdish officials, who have signed a swathe of contracts with international oil companies to boost exploration and production of energy. i-rack’s central government, however, has slammed the deals as illegal on the grounds that they were not approved by the federal oil ministry, and last year barred Chevron from working in non-Kurdish parts of the country. “Chevron will acquire an interest in and operatorship of the Qara Dagh block production sharing contract from the Kurdistan regional government,” the company said in a statement issued from the Kurdish regional capital Hewlêr . The block lies southeast of Hewlêr and is about 860 square kilometers (332 square miles) in total area, it said. The American energy giant was awarded the exploration deal in January, its third in South Kurdistan after acquiring two others in July 2012. The spat over oil contracts is one of a string between Baghdad and Hewlêr . Diplomats and analysts say the unresolved rows are among the biggest threats to i-rack’s long-term stability. Source: http://pukmedia.com/EN/EN_Direje.aspx?Jimare=5539 |
| "Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn. | |
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| ALAN | Jun 18 13, 10:21 Post #535 |
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Total Buys New Oil Interest in South Kurdistan (KRG) Total SA ( TOT ) has bought the majority stake in an oil exploration block in S.Kurdistan, in a move that will further consolidate its position in the semi-autonomous region of (KRG) and once again challenge the Iraqi federal authorities. Total will acquire 80% of the Baranan block, while the remaining 20% will be owned by the Kurdistan Regional Government, or KRG. "This participation in an operated exploration block was contemplated at the time Total made its move in S.Kurdistan during the summer 2012," Total said in a statement emailed to The Wall Street Journal." It was indeed the initial intent from that time that Total should contribute its technical expertise and operational know how through an active operator role," it said. In June last year the French oil company announced the acquisition of a 35% interest in Harir and Safen oil exploration blocks in S.Kurdistan, an area that oil majors such as Total, Exxon Mobil Corp. ( XOM ) and Chevron Corp. ( CVX ) view as providing lucrative production-sharing deals and better operating conditions than in the south. That move angered the central government in Baghdad, which argues it alone has the right to sign and control hydrocarbon deals with international oil companies. Baghdad has repeatedly warned Total, which has stakes in Halfaya oil field in southern Iraq, that they have to choose between their deals in Kurdistan and central and southern Iraq. So far Baghdad has only barred these companies from future contracts in central and southern Iraq. Chevron on Monday said it had completed a deal to acquire a new oil exploration block in autonomous South Kurdistan. Unlike Total and Exxon Mobil, Chevron doesn't have stakes in central and southern Iraq. Write to Hassan Hafidh at hassan.hafidh@dowjones.com Read more: http://www.nasdaq.com/article/total-buys-new-oil-interest-in-iraqs-kurdistan-20130618-00088#ixzz2WZ90zMc0 |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| the SUN child | Jun 20 13, 12:29 Post #536 |
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ZAGROS-ARYAN
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| ALAN | Jun 20 13, 1:21 Post #537 |
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eh! its July hold your hosrse Hawrami!! na jokes it is great news
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| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| ALAN | Jun 20 13, 1:34 Post #538 |
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Oryx Petroleum Corporation Limited Announces Spudding of AAS-1 Exploration Well in the autonomous South Kurdistan (KRG) SOURCE Oryx Petroleum Corporation Limited CALGARY, June 18, 2013 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") (TSX: OXC) today announces that on June 10, 2013 the Sakson Hilong 10 rig (2000 HP) spudded the AAS-1 well in the Hewlêr license area in the self-rule South Kurdistan (KRG). The AAS-1 well is targeting the Ain Al Safra prospect which is estimated to contain 225 MMbbl in unrisked gross (100%) prospective oil resources (risked: 44 MMbbl) based on evaluations as of March 31, 2013 made by Netherland, Sewell & Associates, Inc., an independent oil and gas consulting firm providing reserve and resource reports to the worldwide petroleum industry. The AAS-1 well is targeting the deeper light oil potential in the lower Jurassic and Triassic and heavy oil potential in the Cretaceous and is expected to reach total depth of approximately 4,220 metres in the fourth quarter of 2013. The AAS-1 well is the third exploration well spud in the Hewlêr license area following the successful DD-2 exploration well targeting the Demir Dagh prospect which was spud in July 2012 and completed testing in March 2013 and the ZEG-1 exploration well targeting the Zey Gawra prospect which was spud in late April 2013 and is expected to reach total depth late in the third quarter of 2013. Oryx Petroleum has a 65% participating and working interest in and is the operator of the Hewlêr license area. ABOUT ORYX PETROLEUM Oryx Petroleum is an international oil exploration company focused in Africa and the Middle East. The Corporation was founded in 2010 by The Addax and Oryx Group Limited and key members of the former senior management team of Addax Petroleum Corporation. Oryx Petroleum has significant interests in seven license areas prospective for oil and is the operator or technical partner in four of the seven license areas. Three license areas are located in the South Kurdistan and the Wasit governorate (province) of Iraq and four license areas are located in West Africa in Nigeria, the AGC administrative area offshore Senegal and Guinea Bissau, and Congo (Brazzaville). Further information about Oryx Petroleum is available at www.oryxpetroleum.com or under Oryx Petroleum's profile at www.sedar.com. Forward-Looking Statements: Certain statements made herein contain forward-looking information, including statements concerning future drilling and other exploration and development activities and the resource potential of Oryx Petroleum's license areas. Although Oryx Petroleum believes these statements to be reasonable, the assumptions upon which they are based may prove to be incorrect. Furthermore, the forward-looking statements contained in this press release are made as at the date of this press release and Oryx Petroleum does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. In making the forward-looking statements contained herein, the Corporation has made certain assumptions regarding the timing and results of exploration activities, the cost of expenditures to be made by Oryx Petroleum, the Corporation's ability to obtain and retain qualified staff and equipment in a timely and cost-efficient manner, operating costs, the availability of equipment and qualified contractors or personnel, future capital expenditures to be made by the Corporation, geological and engineering estimates in respect of the Corporation's resources and the geography of the areas in which the Corporation is conducting exploration and development activities. Forward-looking statements involve risks and uncertainties, should not be read as guarantees of future events, performance or results, and will not necessarily be accurate indicators of whether or not such events, performance or results will be achieved. Actual results could differ materially from those anticipated or implied by any forward-looking statements. Prospective Oil Resources: Oryx Petroleum's reserves and resource estimates have been prepared and audited in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook. Prospective oil resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective oil resources have both a chance of discovery and a chance of development. There is no certainty that any portion of the prospective oil resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the prospective oil resources. The Source |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| jjmuneer | Jun 20 13, 1:35 Post #539 |
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I thought it was September that pipelines would be finished? |
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| ALAN | Jun 20 13, 1:44 Post #540 |
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Yeah it is, its just that the article didnt mention that bit, here are 2 related articles that do mention the Sept deadline
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| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| ALAN | Jun 20 13, 1:45 Post #541 |
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Where is Kinematik by the way guys!?
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| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| ALAN | Jun 20 13, 2:03 Post #542 |
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South Kurdistan gives Turkish company six oil exploration blocks 19, 2013 ERBIL-Hewlêr, South Kurdistan 'KRG',— Local authorities have given an unnamed Turkish company licenses to explore for oil in self-rule South Kurdistan, according to a report, a move that could anger the central government in Baghdad already worried about the Kurdistan region's growing independence. The report, co-published by The Oil & Gas Year and the autonomous Kurdistan Regional Government (KRG), is the first official confirmation of the deal. It said a company described only as "a Turkish entity" was given stakes in the Choman, Hindren, Arbat, Pulkhana, Jabal Kand and Khalakan blocks. Resource-hungry Turkey and neighbouring South Kurdistan, rich in hydrocarbons, have been negotiating on energy since last year. However, the central government insists it has the sole authority to sign energy deals. A Turkish Energy Ministry official declined to comment on the report published by Istanbul-based The Oil & Gas Year. A source at state company Turkiye Petrolleri (TPAO), Turkey's main oil exploration company, denied his company won the licences. The Turkish entity will have 80 percent stakes in the Choman, Hindren and Arbat blocks, the report said. Choman and Hindren are contiguous sections on the border with Iran, and Arbat is in the southeast near the city of Slêmanî (Sulaimani) and has had some seismic work completed. The entity will hold a 40 percent stake in Pulkhana in the south, where eight wells have been drilled, and Jabal Kand in the west. It is expected to be given a 40 percent stake in the Khalakan block in the east of South Kurdistan, the report said. The ease of extraction and favourable production-sharing terms have attracted majors such Exxon Mobil Corp, Chevron Corp and Total SA to the South Kurdistan, despite threats of blacklisting from Baghdad, which considers the KRG contracts illegal. The central government's refusal to pay for exports from the north has sharply reduced shipments, which are currently made overland by truck to Turkey. Resolution of the dispute between the regional capital Erbil and Baghdad is essential if the Kurdistan region is to reach its export goal of more than 1 million barrels of oil per day in by 2015. http://www.ekurd.net/mismas/articles/misc2013/6/state7159.htm |
| Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time. | |
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| jjmuneer | Jun 20 13, 8:26 Post #543 |
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Alan I know you will defend these Turkish oil contracts, I understand why, but come on the KRG is practically dependant on Turkey's cooperation. |
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| Zlatan10 | Jun 20 13, 8:29 Post #544 |
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sorry and pity but turkey is the only way for KRG. |
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| jjmuneer | Jun 20 13, 8:51 Post #545 |
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Alan my problem is not if KRG is pro-West or East, my problem is Turkey could use these economic dependencies for political reasons to hold the KRG to ransom whenever it is in support of "terrorists". But I do agree the only way to have a pipeline with Iran is if there is a regime change in Iran. |
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| Kinematik | Jun 21 13, 6:28 Post #546 |
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Im here Alan! ![]() What do you say about this??? Is it true, bullcrap or a way to save Bagdads face and make it look like they have a say in it? Turkey moved Thursday to play down reports indicating that it may startimporting oil and gas from the Kurdistan region of KRG independentlyof the i-racki central government in Baghdad. Turkish energy ministry officials circulated a written statementincluding remarks by energy minister Taner Yildiz Thursday on the fringes ofa conference in St. Petersburg, indicating that they had been made inresponse to a statement Wednesday by Ashti Hawrami, minister of naturalresources in the semi-autonomous Kurdistan regional government of northernIraq. Yildiz' comments made no direct reference to Hawrami's statement inwhich he indicated that the KRG is close to completing a 300,000 b/d crudepipeline from KRG administered oil fields to the border with Turkey fromwhere is is planned to connect to the existing Kirkuk-Ceyhan pipeline on theTurkish side of the border. Article continues below... Request a free trial of: Oilgram News Oilgram News brings fast-breaking global petroleum and gas news to your desktop every day. Our extensive global network of correspondents report on supply and demand trends, corporate news, government actions, exploration, technology, and much more. Instead, Yildiz said Turkey was continuing with the same energy policyit has been following for the past 10 years and that Turkish companies hadongoing energy projects in many countries and were also involved in potentialprojects "in both the northern and southern regions of i-rack." Yildiz also implied that Turkey was still interested in reaching anagreement with Baghdad on the possible transit of oil and gas from northernIraq to Turkey and on to regional and global markets. "It is of great importance to make every effort to normalize thesituation with i-rack to achieve the flow of oil and gas from i-rack throughTurkey to Europe and to global markets," he said, adding that he believedTurkey would be able to implement many projects in partnership with its"neighbor and brother" i-rack. Yildiz went on record in April as confirming Turkey's support for a planto allow payment for hydrocarbons exported from KRG to be made intoan escrow account allowing 83% of revenue to be directed to Baghdad and 17%to the KRG in Hewlêr in line with the i-racki constitution, if a situationemerged whereby exports were being made independently of Baghdad. However, a visit by Yildiz and Prime Minister Recep Tayyip Erdogan toWashington in early May which had been widely predicted to result in someform of US support for the start of oil and gas exports from KRG toTurkey independently of Baghdad resulted instead in what appears to have beena US veto. No official statement has been issued by either Washington or Ankara,but Yildiz did give a television interview in which he indicated that Turkeyconsidered that it was being unfairly treated, referring to commercialagreements between Turkish companies and the KRG and pointing out that theywere no different to agreements between the KRG and companies from othercountries. Turkish officials have repeatedly declined to comment on successivereports indicating that several exploration blocks in KRG have beenallocated to a Turkish state company in partnership with the KRG and othercompanies. |
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| Kinematik | Jun 21 13, 11:13 Post #547 |
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http://www.upi.com/Business_News/Energy-Resources/2013/06/21/Gazprom-considers-more-work-in-Iraq/UPI-91021371812316/?. Energy Resources Gazprom considers more work in i-rack Published: June 21, 2013 at 6:58 AM ST. PETERSBURG, Russia, June 21 (UPI) -- Russian energy company Gazprom said it was interested in working further in the oil and natural gas sector in the Kurdish north of i-rack. Gazprom Chairman Alexei Miller met in St. Petersburg with Massoud Barzani, president of the semiautonomous Kurdistan Regional Government. Gazprom in a statement said both sides discussed the possibility of closer cooperation in the oil and natural gas sector. "In particular, the parties discussed the progress with interaction in oil and gas field exploration, development and operation," the company said Thursday. Gazprom Neft, the oil subsidiary of Gazprom, is in the process of exploration activity in the Garmian and Shakal blocks in the southern regions of the Kurdish territories. i-rack has the fourth-largest oil reserves in the world. A 2012 assessment from the International Energy Agency said i-racki oil production could expand exponentially over the coming years. The IEA said i-rack could eventually pass Russia as a major oil exporter. Disputes over national oil laws, however, have cast a shadow over the i-racki energy sector. The central government in Baghdad says it may be illegal for the Kurdish government to make its own deals, bypassing Baghdad. |
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| jjmuneer | Jun 22 13, 6:06 Post #548 |
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Kurdish authorities in KRG announce they will begin exporting crude oil by pipeline to Turkey as soon as the last link is finished in September, Gulf Keystone Petroleum launches a new exploration round that could reveal the best resource potential in the region. UK-based Gulf Keystone Petroleum this week started operations at its Shaikan-7 exploration well in South Kurdistan, targeting reserves more than 2.5 miles underground. Select the reports you are interested in: Drilling for the company’s first deep well will take an estimated 9 months, and there is a lot of optimism for this play. Gulf Keystone thinks it holds up to 10.5 billion barrels of oil and is targeting 2015 for production of 150,000 barrels per day. Related Article: Kurdistan: Our Pick for the Next Big Buy Out Kurdistan is already a hot venue, which just keeps getting hotter by the week, with amazing drilling success rates across the board. The territory governed by the Kurdistan Regional Government (KRG) has about 45 billion barrels of proven reserves. What everyone is waiting on now is the pipeline to Turkey, which can bring Kurdish oil and gas to international markets, bypassing Baghdad. The last pipeline link, slated to be completed by the end of September, will link up Kurdistan’s fields to the Turkish border at Fishkabour and will have a capacity of 1 million barrels a day by 2015. The country is close to having enough oil to fill that capacity, and more discoveries are coming on line all the time. For now, the Kurds can only export to Turkey by truck, to the tune of about 30,000 barrels a day. In March this year, the Kurds sold their first crude on international markets, while previously they were trading crude with Turkey in return for refined products for use at home. Related Article: TURKEY: Erdogan Fails to Regain Control It was this first international sale that really re-sparked Baghdad’s ire. Baghdad views this as illegal oil and gas activity, but the Kurds—and foreign companies doing business in KRG—have shrugged off Baghdad’s multiple threats. The Kurds have the advantage, even more so not that the rest of i-rack is engulfed in a sectarian conflict as it becomes the definitive second front in the war in Syria. Last week, i-racki Prime Minister Nouri al-Maliki flew to Hewlêr , the capital of South Kurdistan, to hold high-level talks. This hasn’t happened since 2003, and it indicates that the talks were on the Kurds’ terms, as well as their terrain. Will Baghdad be able to stop the Kurdish oil and gas momentum? Not at this point. Once the pipeline is up and running, the game is over and Baghdad doesn’t have the resources to turn it into a conflict. By. Jen Alic of Oilprice.com http://oilprice.com/Geopolitics/Middle-East/Kurdistan-Pipeline-to-Independence.html |
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| Azamat | Jun 22 13, 6:29 Post #549 |
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Corrected. "Independence" my ar**. We're set to be about as independent as an Azerbaijan exporting its oil through Nagorno-Karabakh and Armenia, but the Barzani-fundamentalists are afflicted with delusions of grandeur and will not acknowledge this. Unless of course you decide to become a jash and collaborate with the Kurds' primary enemy, as the people currently at the helm of the KRG did in the mid-90s. And accounting for all the Turkish activity taking place in the SK today, it sure smells like things are going in that direction. Edited by Azamat, Jun 22 13, 6:46.
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| Brendar | Jun 22 13, 6:30 Post #550 |
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Shouldn't this topic be in South Kurdistan Oil & Gas Developments? |
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nice check out the map they have used




june_cover_iig_krg__2013_06_13_h10m13s14__DA.jpg (87.47 KB)







1:46 AM Jul 12