Welcome Guest [Log In] [Register]
Share KSS on: Share to Facebook Post to my twitter!
Welcome to Kurdistanboard forum. Hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
South Kurdistan oil & gas development
Topic Started: Nov 17 12, 1:25 (649,185 Views)
Xoybun
No Avatar
BANNED
Safeen mountain closed to the public. They found oil there, it's old news, but thought I would share it because they found oil before summer.
Offline Profile Quote Post Goto Top
 
Worldwar2boy
Member Avatar


Shaxi Safeen

http://www.youtube.com/watch?v=zoNU9V75Hko
biji kurd u kurdistan !!
Offline Profile Quote Post Goto Top
 
Halo
Member Avatar
Têkoşer

http://www.youtube.com/watch?v=ECOnMTH-F4k
Quote:
 
Alasha: Asking and discussing is not forbidden, rather prohibited on this forum
Offline Profile Quote Post Goto Top
 
the SUN child
Member Avatar
ZAGROS-ARYAN

hmmm


Quote:
 
Turkey Plays Big in Kurdistan's Energy Game

ANKARA — Turkey has quietly built up a large presence in Kurdistan's oil and gas industry, teaming up with U.S. major Exxon Mobil, as Ankara bets on i-rack's semi-autonomous republic to help wean it off costly Russian and Iranian energy imports.

A state-backed Turkish firm was also set up in the second quarter of 2013 to explore for oil and gas in Kurdistan, according to three sources familiar with the company.

The strategy will anger Baghdad, which claims sole authority to manage i-racki oil, and runs counter to calls from Washington for Ankara to avoid backing projects that will help the Kurds gain further autonomy.

With a ballooning energy deficit that leaves the Turkish economy vulnerable to external shocks and a booming demand for power that is set to keep growing over the next decade, Turkey has been working to cut the costs of its oil and gas imports.

Kurdistan's huge energy potential has been hard to ignore, and Turkey's courtship of i-rack's Kurds, a strategy driven by Prime Minister Tayyip Erdogan, is beginning to pay off.

“When you have such an energy deficit and you have such a big potential on your border, you can't let Baghdad or anything else get in the way,” said one of the sources familiar with the new state-backed company, a Turkish industry figure close to the deals in Kurdistan. “You have to find a formula and make sure this oil flows through your country.”

The Arab-led central government in Baghdad, at odds with the Kurdish-run enclave over control of oilfields and revenue sharing, has repeatedly expressed its discontent.

It has warned that independent Kurdish efforts to export its oil could ultimately lead to the break-up of i-rack.

But neither calls from Baghdad nor Washington have been enough to deter the Turks, the Kurds or the oil companies. Exxon, Chevron and Total have already signed exploration deals with Kurdistan.

Semi-state oil firm TPIC and state pipeline operator Botas have stakes in the new state-backed company, which has entered a dozen exploration blocks in Kurdistan, including several fields where Exxon is already present.

It is also negotiating a gas purchasing deal with Kurdistan, said the sources familiar with the company. Exxon Mobil declined to comment for this story.

Turkey's ambition to play a bigger role in South Kurdistan's energy prospects comes at a time when it is also negotiating a fragile peace process with Kurdish militants on its own soil to end a three-decade-long bloody dispute.

Divided mostly between Iran, Turkey, i-rack and Syria, the Kurdish people are often described as the largest ethnic group without a state of their own.

Link-up in Turkey

Turkey's involvement also stretches to a new KRG pipeline that is almost complete and will allow the Kurds to export their crude from the Taq Taq oilfields straight over the border to Turkey without having to wrangle with Baghdad over payments.

The pipeline will link with the existing Kirkuk-Ceyhan pipeline on Turkish soil, rather than in i-rack, thus bypassing Baghdad, according to the latest plans.

Last year, Kurdistan stopped exporting 200,000 barrels per day (bpd) of crude through i-rack's federal pipelines due to a revenue-sharing dispute and instead started trucking smaller amounts of oil to Turkey.

The semi-autonomous region has ambitious plans to raise exports to more than one million bpd by the end of 2015 or over one percent of global supplies.

The sources say the pipeline is almost complete and will start pumping around 200,000 bpd at the end of the year. Turkey consumes around 700,000 barrels of oil daily.

Gas game

OPEC member i-rack's oil may have long been the focus of attention, but for Turkey, gas could have an even greater appeal.

Turkey is set to overtake Britain as Europe's third biggest power consumer in a decade. It buys natural gas from Russia, Iran and Azerbaijan and liquefied gas from Nigeria and Algeria for use mainly in power generation.

“For Turkey, securing natural gas from fields in KRG, where Turkey will also be a partner, is of utmost importance. There has been big progress on this issue,” said one of the three sources, a Turkish official close to the talks.

Two of them said the state-backed Turkish company was looking to finalize gas purchasing deals with KRG in the coming months.

KRG Energy Minister Ashti Hawrami said this year Kurdistan was planning to export the first gas to Turkey by 2016.

About a dozen Turkish private companies have applied to Turkey's energy watchdog EPDK to obtain a license to import gas from i-rack. Turkey's daily gas demand stood at 125 million cubic meters in late 2012 and is likely to rise to nearly 220 million during the harsh winter months, energy ministry officials say.

“It is actually a gas game. The main reason why Turkey is taking this political risk in i-rack is because of the appealing gas resources,” said the industry source.



http://www.voanews.com/content/turkey-plays-big-in-kurdistan-energy-game/1730641.html
Attached to this post:
Attachments: AC61E85D_9BA4_4270_A0A4_B0CD11E4CA4D_mw1024_n_s.jpg (131.13 KB)
Offline Profile Quote Post Goto Top
 
Worldwar2boy
Member Avatar


they will, it is inevitable, they are currently the only option for exporting large amounts of oil
and kurdistan needs the money to rebuild
biji kurd u kurdistan !!
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Southern Kurdistan oil reserve reaches 50 billion barrels

http://www.awene.com/article/2013/08/17/24737
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Kurdistan determines the prices of fuel and cancels fuel card

Posted Image

Sunday, 18 August 2013 12:32

Shafaq News / Kurdistan government announced on Sunday, unifying fuel prices in all provinces and cities in the region and canceling distribution of fuel by card.

“We will distribute fuel at all stations, without exception and the price will be 480 dinars to be sold to citizens at 500 dinars per liter and cancel the card,” The Minister of Natural Resources of Kurdistan, Ashti Hawrami said in a press conference with the Governor of Erbil , Nawzad Hadi attended by "Shafaq News”.

"Our goal is to improve quality because through our study, it appeared that some of the owners of petrol stations sell poor quality fuel to citizens on the basis that it is good quality while it was really bad quality”.

The minister noted that "the need for the region is to fuel is between 5 to 6 million liters and we are able to provide this amount”.

For his part, Governor of Erbil , Nawzad Hadi announced that “ the decision will come into force in Erbil on the 25th of August, to be applied throughout the region in the coming weeks”.

“This decision was taken in coordination with the federal government to provide the required quantity in cooperation with Kurdistan refineries in each of Erbil and Sulaimani,” He added.

Kurdistan Regional Government has recently decided to allow to import fuel in free way, on condition to check the imported fuel by a special committee of the Ministry of Natural Resources and the directorates of fuel distribution in Kurdistan, in order to prevent the import of bad fuel and increase fuel storages in the fuel stations to be distributed to locals.

http://www.shafaaq.com/en/business/6983-kurdistan-determines-the-prices-of-fuel-and-cancels-fuel-card.html
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.
Offline Profile Quote Post Goto Top
 
Worldwar2boy
Member Avatar


Good. 500 dinars is only 43 dollar cents, so it is cheap.
In USA a gallon (a bit less than 4 liters) costs like 4 dollars, in Kurdistan it's only 1.29dollars, so it is really cheap, even for the people there. That's less then 25 euro cents for 1 liter lol :D. In Europe it costs like 1.50 to 2 euros per liter!
biji kurd u kurdistan !!
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Oil Pipeline From Kurdistan Makes Gulf Keystone Target: Energy

[8:25] 13/Aug/18

PNA - The American chief executive officer of Gulf Keystone Petroleum says that Kurdistan is on the verge of an oil boom.

The semi-autonomous region of 5.2 million people is completing a pipeline for direct crude exports to Turkey by the end of the year, bypassing central government authorities in Baghdad. The region’s reserves are as much as 45 billion barrels, the local administration estimates, enough to meet U.S. demand for almost seven years.
“Exports are what we’ve been waiting for since 2007, so the pipeline is very big and instrumental for a company like Gulf Keystone,” Kozel, 46, said in a telephone interview. “We are a public company, and consolidation is the next phase in Kurdistan. But that’s not in our plans now.”
“Gulf Keystone screens quite well as a takeover target once the risk around the court case is removed,” said James Gardiner, an analyst at Peel Hunt in London who gives the stock a buy rating. “They’re sitting on a giant oil field that wouldn’t look out of place in a major’s portfolio.”
Kozel said the company, which has spent $780 million in Kurdistan so far, will be able to fund the development of its fields with cash flow generated once production starts at an initial rate of 40,000 barrels a day this year.
“The Kurdistan Regional Government is very happy with our plans,” Kozel said. “We can develop Shaikan and our other fields better and possibly faster than others might.”
Gulf Keystone’s main asset, the Shaikan discovery, one of Kurdistan’s biggest ever, will produce 250,000 barrels a day by 2018, according to the company. That would increase Iraq’s total production by about 8 percent.

Soran Ali

- See more at: http://www.peyamner.com/English/PNAnews.aspx?ID=318345#sthash.BzaFQmuj.dpuf
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.
Offline Profile Quote Post Goto Top
 
Kinematik
No Avatar


ALAN
Aug 19 13, 1:37
Kurdistan determines the prices of fuel and cancels fuel card

Sunday, 18 August 2013 12:32

Shafaq News / Kurdistan government announced on Sunday, unifying fuel prices in all provinces and cities in the region and canceling distribution of fuel by card.

“We will distribute fuel at all stations, without exception and the price will be 480 dinars to be sold to citizens at 500 dinars per liter and cancel the card,” The Minister of Natural Resources of Kurdistan, Ashti Hawrami said in a press conference with the Governor of Hewlêr , Nawzad Hadi attended by "Shafaq News”.

"Our goal is to improve quality because through our study, it appeared that some of the owners of petrol stations sell poor quality fuel to citizens on the basis that it is good quality while it was really bad quality”.

The minister noted that "the need for the region is to fuel is between 5 to 6 million liters and we are able to provide this amount”.

For his part, Governor of Hewlêr , Nawzad Hadi announced that “ the decision will come into force in Hewlêr on the 25th of August, to be applied throughout the region in the coming weeks”.

“This decision was taken in coordination with the federal government to provide the required quantity in cooperation with Kurdistan refineries in each of Hewlêr and Sulaimani,” He added.

Kurdistan Regional Government has recently decided to allow to import fuel in free way, on condition to check the imported fuel by a special committee of the Ministry of Natural Resources and the directorates of fuel distribution in Kurdistan, in order to prevent the import of bad fuel and increase fuel storages in the fuel stations to be distributed to locals.

http://www.shafaaq.com/en/business/6983-kurdistan-determines-the-prices-of-fuel-and-cancels-fuel-card.html
Yepp!

95 octane in Sweden costs 2,23$ per liter... Disel about the same
98 octane even more..

doh


We should get an wellupdate from Atrush this week!
Cant wait!

Cheers
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Oil Pipeline From Kurdistan Makes Gulf Keystone Target: Energy

Todd Kozel’s adventure in Kurdistan may soon pay off.

The American chief executive officer of Gulf Keystone Petroleum Ltd. (GKP) has dealt with angry shareholders, an ex-business partner’s lawsuit and byzantine politics for six years pursuing billions of barrels of crude in the self ruled southern Kurdistan (KRG). Now, his $2.5 billion exploration venture is a being called a takeover target as the world’s biggest oil companies look for untapped fields.

Kurdistan is on the verge of an oil boom. The semi-autonomous region of 5.2 million people is completing a pipeline for direct crude exports to Turkey by the end of the year, bypassing central government authorities in Baghdad. The region’s reserves are as much as 45 billion barrels, the local administration estimates, enough to meet U.S. demand for almost seven years.

“Exports are what we’ve been waiting for since 2007, so the pipeline is very big and instrumental for a company like Gulf Keystone,” Kozel, 46, said in a telephone interview. “We are a public company, and consolidation is the next phase in Kurdistan. But that’s not in our plans now.”

Gulf Keystone rose 2.9 percent to close at 185 pence in London today. The benchmark FTSE 100 index slipped 1.6 percent.

Offers could come soon because the new pipeline may boost the value of the Hamilton, Bermuda-based company by 40 percent, according to HSBC Holdings Plc. Moreover, a ruling is expected within weeks in a London lawsuit brought by a former associate claiming 30 percent of the company’s main asset, Kozel said.

Peer Comparison

Gulf Keystone’s legal dispute has held back its performance against peers this year. The shares have gained 1.6 percent, compared with advances of more than 25 percent for Genel Energy Plc (GENL), WesternZagros Resources Ltd. (WZR) and DNO International ASA. (DNO)

“Gulf Keystone screens quite well as a takeover target once the risk around the court case is removed,” said James Gardiner, an analyst at Peel Hunt in London who gives the stock a buy rating. “They’re sitting on a giant oil field that wouldn’t look out of place in a major’s portfolio.”

Pittsburgh-born Kozel formed his first oil company in 1988 when he was 21 years old. He co-founded Gulf Keystone in 2001 with help from private equity funds from the Middle East. Gulf Keystone started with licenses in North Africa, though it’s now focused on four blocks in Kurdistan and plans to exit its remaining field in Algeria.

Kozel said the company, which has spent $780 million in Kurdistan so far, will be able to fund the development of its fields with cash flow generated once production starts at an initial rate of 40,000 barrels a day this year.

Shaikan Discovery

“The Kurdistan Regional Government is very happy with our plans,” Kozel said. “We can develop Shaikan and our other fields better and possibly faster than others might.”

Exxon Mobil Corp. (XOM), Chevron Corp. (CVX) or an Asian national oil company are candidates to snap up the company, said Dougie Youngson, an analyst at VSA Capital Ltd. in London. Gulf Keystone’s main asset, the Shaikan discovery, one of Kurdistan’s biggest ever, will produce 250,000 barrels a day by 2018, according to the company.

Other explorers in Kurdistan such as Afren Plc (AFR), DNO, Petroceltic International Plc (PCI) and WesternZagros may also become takeover targets, according to HSBC.

“There will be a wave of consolidation,” said Peter Hitchens, an analyst at HSBC in London. “All of the small players are potentially targets.”

Tax Dispute

Afren and Petroceltic declined to comment on takeover speculation. Officials at DNO and WesternZagros weren’t available for comment.

Direct exports should strengthen Kurdistan in a dispute over revenue-sharing in which it has struggled to get royalties owed from exports sent through pipelines controlled by the central government in Baghdad.

Kozel must overcome his legal difficulties before a deal is on the cards. Rex Wempen, who served in the U.S. Special Forces in the 1990s, claimed in a trial that began in October that his work led to the Shaikan find.

Last month, Kozel quelled a challenge from investors who said the company wasn’t moving fast enough to upgrade its London listing to the main market and attract more institutional investors. The board appointed four independent directors recommended by the M&G Recovery Fund, a disgruntled shareholder.

Gulf Keystone last year said it would issue 10 million new shares to give to executives if the company or its assets are bought, forcing it to say days later it wasn’t planning a sale after shares rose.

For now, Gulf Keystone says it’s focused on developing Shaikan. Achieving its targets may prove too expensive, said Peel Hunt’s Gardiner.

“Bringing a discovery of this size to meaningful levels of production will require hundreds of millions of dollars of investment,” Gardiner said. “There are a number of options available, but uncertainty remains over access to this level of capital for a company of this size.”

To contact the reporter on this story: Brian Swint in London at bswint@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Turkey-South Kurdistan oil pipeline nearly completed

Wednesday, 21 August 2013

OSLO: A new pipeline to carry crude oil from autonomous south South Kurdistan to Turkey, which has angered the central government in Baghdad, is nearing completion, Norwegian oil firm DNO International said on Wednesday.

South Kurdistan and Baghdad are at odds over how to split revenues from oil and gas production in KRG.

Recently the region has been trying to establish its autonomy from the capital by building a pipeline to Turkey so it could export its hydrocarbons there.

According to DNO, which produces oil at the large Tawke field in KRG, the pipeline is within a few kilometres of the border with Turkey, close to a station where crude is loaded onto trucks.

"The KRG (Kurdish Regional Government) pipeline is within a few hundred metres of the Fishkhabour pumping station," said Nicholas Atencio, general manager of DNO's operations in Kurdistan.

Fishkhabour is situated some 5 kilometres or 3 miles from the border with Turkey.

Once it reaches Fishkhabour, it remains to be seen whether the new pipeline will be tied into an existing line running from Kirkuk to the Turkish port of Ceyhan at a metering station controlled by Baghdad, or beyond there, either before the Turkish border or after it.

The Kirkuk-Ceyhan pipeline has suffered frequent disruptions due to technical problems and attacks by insurgents.

Speaking at DNO's second-quarter results presentation, Atencio noted the company was not involved in exporting its own crude via the pipeline.

The company is for the moment unable to export its crude from Tawke and so sells it locally.

But in a sign of its growing confidence, DNO said Tawke had seen its highest production in a single day, at some 113,000 barrels, and its highest sales in a single day, at 102,000 barrels, during the second quarter.

"Internally we play it conservatively. But we are pleased with the progress. Our milestones gives you a sense of what we can do," DNO Chairman Bijan Mossavar-Rahmani said.

The company said it would be able to produce some 200,000 barrels per day at Tawke by the fourth quarter of 2014.

Earlier on Wednesday, DNO reported second-quarter earnings that beat expectations.

Its quarterly net profit of 280 million crowns or $47.10 million beat expectations of 244 million and followed a loss of 176 million crowns a year earlier. (Reuters)

http://thepeninsulaqatar.com/latest-news/249772-turkey-iraqi-kurdistan-oil-pipeline-nearly-completed.html
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Quote:
 
According to DNO, which produces oil at the large Tawke field in KRG, the pipeline is within a few kilometres of the border with Turkey, close to a station where crude is loaded onto trucks.

The Sept deadline for completion is on schedule, well done KRG.
Attached to this post:
Attachments: image.jpg (116.45 KB)
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.
Offline Profile Quote Post Goto Top
 
Zlatan10
No Avatar


:)
http://mobile.reuters.com/article/idUSL4N0GO1Y020130823?irpc=932
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Zlatan please provide a title for your links next time (2nd time I've asked) :)
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


SK independence pipeline :)
Attached to this post:
Attachments: image.jpg (40.7 KB)
Attachments: image.jpg (48.53 KB)
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


Afren Says south Kurdistan Production Will Rise on Pipeline Completion

[11:04] 13/Aug/26

PNA - Afren, a U.K.-based oil and gas company focused on West Africa and KRG, will increase output in Kurdistan once a pipeline export route to Turkey is completed by the end of this year.

“The pipeline is a positive step and we’ve agreed a tie-in,” Chief Executive Officer Osman Shahenshah said in a telephone interview. “The plan is to increase production substantially.”

Afren is selling 2,500 barrels of crude a day into the domestic market on trucks in the semi-autonomous northern Iraqi region, Shahenshah said. It maintained its guidance for full-year production for the whole company at 40,000 to 47,000 barrels of oil equivalent a day.

Soran Ali
- See more at: http://www.peyamner.com/English/PNAnews.aspx?ID=319051#sthash.32P9yc0W.dpuf
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.
Offline Profile Quote Post Goto Top
 
Halo
Member Avatar
Têkoşer

only a couple km left

http://www.youtube.com/watch?v=JLEbAoY17y8
Quote:
 
Alasha: Asking and discussing is not forbidden, rather prohibited on this forum
Offline Profile Quote Post Goto Top
 
Deleted User
Deleted User

How much will the pipeline be able to transport?
Quote Post Goto Top
 
ALAN
Member Avatar


300k at start up increasing then it will reach 1 million bpd by 2015
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.
Offline Profile Quote Post Goto Top
 
Deleted User
Deleted User

Thank you for the info,kak Alan :D
So when they say we will export 2 mil barrels by 2019,they mean a new pipeline?
Quote Post Goto Top
 
the SUN child
Member Avatar
ZAGROS-ARYAN

Huh? Is BP, a British multinational company is going to steal our Kurdish oil from Kerkûk together with the Arabs? This is unacceptable. What is KRG is going to do about this?
Baba and Avana are also Kurdish, right?


Quote:
 
BP set to sign deal to revive i-rack's Kerkûk oilfield

Aug 28 (Reuters) - BP expects to sign an initial deal in early September to revive i-rack's northern Kerkûk oilfield, an industry source said, a move that could affect regional politics because the field straddles the border with the autonomous Kurdistan region.

A deal at Kerkûk would allow the British major - already at work at i-rack's biggest producer, Rumaila, in southern i-rack - to negotiate access to significant reserves in the north. Baghdad would get a trusted, experienced partner to help arrest a huge decline in output from Kerkûk.

"It's an initial 18-month deal to offer support, which will provide an opportunity for BP to negotiate a longer-term development contract," said the source, who is familiar with the negotiations.

BP declined to comment.

The company would work on the Baghdad-administered side of the border on the Baba and Avana geological formations. Kerkûk's third formation, Khurmala, is controlled by the Kurdistan Regional Government (KRG) and being developed by the i-racki Kurdish KAR group.

BP's involvement at Kerkûk has been under negotiation for more than a year. When Baghdad first revealed the preliminary arrangement in January, the KRG rejected the pact as illegal, because it had not been consulted.

The UK major is comfortable with its decision to proceed, the source said. "BP expects some noise from the KRG, but it's confident the government in Baghdad has a sensible way forward over Kerkûk."

Among the world's international oil companies, BP could have the best relationship with Baghdad through its contract at the huge, $30 billion Rumaila oilfield project.

Baghdad hopes BP will eventually sign a technical service contract at Kerkûk like the one for Rumaila, an i-racki oil source said. The company expects, however, to negotiate better commercial terms for this contract, the industry source said.

i-rack awarded a series of service contracts in late 2009 to the likes of BP, Eni and Exxon Mobil, which receive slim margins on i-rack's fee-based development contracts.

"The terms will have to reflect the complexity of the field and the need for intervention to arrest the decline," said the source, who requested anonymity.

At the start, BP will spend up to $100 million to help stop Kerkûk's decline and carry out surveys to get a clear picture of the field.

A small team of up to 30 people from the company will visit and work in Kerkûk once the final contract is signed.

Output at this 78-year-old field has slumped to around 280,000 barrels per day (bpd) from 900,000 bpd in 2001 after years of injecting water and dumping unwanted crude and products into the field.

i-racki officials have said they would like BP to raise production capacity to around 600,000 bpd in five years.

But the pace of development at Kerkûk will be slower than at the giant southern fields of Rumaila, Zubair and West Qurna-1 where BP, Eni and Exxon have helped to raise output by 600,000 bpd in just two years.

"There will be no radical development," said the industry source. "This is an old, big field that's in decline and needs a lot of attention."

Kerkûk's oil riches are at the centre of a crisis within the national government of Sunni, Shi'ite and Kurdish parties over how to share power. But that has not deterred the UK major.

"BP's sense is that everyone in Kerkûk is highly dependent on the resources there, so the development of the oilfield is extremely important," the industry source said.

Exxon, Chevron and Total, among other companies, have angered and alienated Baghdad by signing lucrative production-sharing contracts with the KRG on better operating conditions than in the south.

The KRG's oil exports and contracts are at the heart of a wider dispute with Baghdad's Arab-led government over territory, oilfields and political autonomy.

i-rack's government insists it alone has the sole authority to sign deals and export crude oil, but Kurdistan says the constitution allows it to agree to contracts and ship oil independently of Baghdad.

BP has no interest in pursuing upstream opportunities in Kurdistan, although Air BP is taking part in a tender to supply fuelling services at an airport in the Kurdish capital of Hewlêr , industry sources said.



http://www.reuters.com/article/2013/08/28/bp-iraq-kirkuk-idUSL9N0FH00420130828
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


^^ they have tried multiple times they cant bcos those areas are run and controlled by kurds.

FulcrumKAF: yes indeed 2nd and 3rd pipelines will be built by then :) but the current one can take up to a million alone by 2015 though.
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


https://www.youtube.com/watch?v=ZScq07QRJJs
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.
Offline Profile Quote Post Goto Top
 
ALAN
Member Avatar


BP wants to work in Kirkuk oil fields, KRG will disallow BP or any company to work in Kurdish Kirkuk which falls under KRG's control

http://www.youtube.com/watch?v=Y44rRGgBg5s
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.
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
Go to Next Page
« Previous Topic · Oil & gas development news · Next Topic »

Find more great themes at the Zathyus Network Resources