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| South Kurdistan oil & gas development | |
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| Topic Started: 17th November 2012 - 12:25 AM (240,906 Views) | |
| deso2409 | 19th August 2014 - 01:14 AM Post #1726 |
Sorchi
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Good move for our confederation! Long Live those who support us!  
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| ALAN | 21st August 2014 - 04:16 AM Post #1727 |
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Very nice
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| kurdishpatriot | 21st August 2014 - 05:27 AM Post #1728 |
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Pêşrew
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| Zagros | 22nd August 2014 - 03:36 AM Post #1729 |
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Serdar
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Kurdish oil tanker reappears unladen off Israel A tanker carrying crude oil from South Kurdistan reappeared unladen on Wednesday about 30 kilometers off the coast of Israel, Reuters said. This is the second time the Kamari has appeared in the area in the last two weeks carrying Kurdish oil. The tanker Kamari was partly laden north of Egypt's Sinai on Aug. 17, tracking showed, before it turned off its satellite transponder until early yesterday. It was not possible to determine where the oil had been delivered to or who the buyer was. A spokesman for the Kurdistan Regional Government (KRG) Ministry of Natural Resources did not immediately respond to phone calls and emails seeking comment on Wednesday. The KRG has previously denied selling oil to Israel "directly or indirectly". The tanker loaded the Kurdish crude at the Turkish port of Ceyhan around Aug. 8, and made a partial delivery to Croatia via a ship-to-ship transfer last week. Hungary's MOL Group said on Monday that it had purchased 80,000 tones, just under 600,000 barrels, of Kurdish crude, which discharged at Croatia's Omisalj port at the weekend. The company has exploration and production assets in Kurdistan. Iraq's central government in Baghdad has repeatedly called independent Kurdish exports "smuggling", saying only state marketer SOMO has the right to sell Iraqi oil. The KRG says the Iraqi constitution allows it to sell oil independently of Baghdad. Since the KRG began exporting major volumes via its pipeline, Baghdad has actively tried to block sales and has so far been successful in stopping one to Morocco and another to the United States. Baghdad has also cut the Kurds out of the country's budget since January. Despite the setbacks, an increasing number of cargoes are now finding buyers. http://www.kurdpress.com/En/NSite/FullStory/News/?Id=8137#Title=%0A%09%09%09%09%09%09%09%09Kurdish oil tanker reappears unladen off Israel%0A%09%09%09%09%09%09%09
Edited by Zagros, 22nd August 2014 - 04:00 AM.
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| davidh | 23rd August 2014 - 02:20 AM Post #1730 |
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Bloomberg News http://www.bloomberg.com/news/2014-08-22/kurds-said-to-plan-quadrupled-oil-exports-on-pump-breakthrough.html Kurds Said to Plan Quadrupled Oil Exports on Pump Breakthrough By Selcan Hacaoglu August 22, 2014 Iraq’s Kurdish administration may increase oil exports via Turkey fourfold to half a million barrels a day in months, according to an official with knowledge of the situation, citing improvements in pumping capacity. Installment of a new booster station at Fishkabur in the semi-autonomous Kurdish territory of Iraq was successful and increased flows from around 125,000 barrels of crude a day earlier this month to 300,000 barrels as of yesterday. Turkey also modified an export pipeline connecting Kurdistan’s oil regions to the Turkish Mediterranean terminal of Ceyhan, further increasing volume, the official said today, asking not to be named citing policy. KRG Kurds will install a fourth booster to further increase the pipeline’s throughput to 500,000 barrels a day within three months, the official said. The Kurdistan Regional Government, or KRG, didn’t answer phone calls placed to its press office seeking comment on the matter today. VIDEO: KRG Kurds Look to Profit from Kirkuk Oil Chaos In facilitating the KRG’s oil exports, Turkey has been dismissing retaliation by the Iraqi federal government in Baghdad, which says the trade is illegal must be stopped. For the Kurds, whose armed forces have played a central role in countering an Islamist insurgency in Iraq over the past three months, oil is an economic lifeline as they consider moves toward greater independence. Seven tankers have so far loaded 6.5 million of 7.8 million barrels of Kurdish oil transported to the Ceyhan terminal, Turkey’s Energy Minister Taner Yildiz said on Aug. 18. The federal government in Baghdad has tried to block Kurdistan from exporting oil on its own, citing a constitutional clause making the central government responsible for oil shipments and revenues. KRG Kurds have also separately been exporting crude on trucks via Turkey. To contact the reporter on this story: Selcan Hacaoglu in Ankara at |
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| Zagros | 26th August 2014 - 04:53 AM Post #1731 |
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Serdar
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Tanker carrying Kurdish crude changes course toward Cyprus Aug 25 (Reuters) - A tanker carrying 300,000 barrels of Kurdish crude oil has changed its destination to Limassol, Cyprus, as it returned from the United States without delivering its disputed cargo to a New Jersey refiner. The Minerva Joy tanker had previously listed its destination as "Gibraltar orders," which usually implies a destination in the Eastern Mediterranean or further east. It changed its destination to "Limassol orders" at around 1600 GMT on Saturday, according to Reuters AIS Live shiptracking. On Aug. 13, the Minerva Joy began sailing eastwards from off the coast of Paulsboro, New Jersey, after refiner Axeon Specialty Products said it would not buy or accept delivery of any cargoes of disputed Kurdish crude oil for its Paulsboro refinery. Iraq's central government has sought to block independent exports of crude by the Kurdistan Regional Government (KRG). The KRG argued it was allowed to sell crude under the Iraqi constitution, which Baghdad disputes. Several cargoes of Kurdish Shaikan crude have recently reached the United States, but not all have been able to discharge their oil. The United Kalavrvta is anchored outside of Galveston, Texas, with its cargo of Kurdish crude still unloaded. In total, about $140 million worth of Iraqi Kurdish crude oil has been stopped from entering the United States in the last month. The United States has not banned companies from buying Iraqi Kurdish oil, but has warned firms they may face legal action from Baghdad. Axeon has said it received a separate cargo of Kurdish Shaikan crude in June. At the end of July, refiner LyondellBasell NV confirmed it had recently bought "modest quantities" of what public records showed was Kurdish Shaikan crude and said it would scrap further purchases of the disputed oil for the time being. (Editing by Jessica Resnick-Ault and Jeffrey Benkoe) http://www.reuters.com/article/2014/08/25/kurdistan-oil-tanker-idUSL1N0QV0TW20140825?rpc=401&feedType=RSS&feedName=rbssIndustryMaterialsUtilitiesNews&rpc=401 |
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| Pker2theend | 26th August 2014 - 12:45 PM Post #1732 |
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Sertîp
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#Breaking — U.S. judge throws out a court order to seize Kurdish oil off the Texas coast. More soon! #TwitterKurds |
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| ALAN | 26th August 2014 - 01:53 PM Post #1733 |
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Kurds Win Court Order on Oil Tanker Off Texas ERBIL, South Kurdistan—The Kurdish government is now able to sell $100 million of crude oil after a US judge threw out on Monday a lawsuit filed by the Iraqi government against the sale, according to Bloomberg Businessweek. “Kurdistan’s unauthorized export of oil over land -– and later overseas –- may violate Iraqi law, but it does not violate U.S. maritime law,” Bloomberg Businessweek quoted District Judge Gray Miller in Houston as saying. A tanker carrying crude oil from the autonomous South Kurdistan of Iraq has been waiting in international waters off the coast of Texas for month due to a dispute between Erbil and Baghdad over the ownership of the cargo. According to the report by Bloomberg Businessweek, Judge Miller said “he lacked authority under federal laws governing property stolen at sea to decide the dispute.” “Miller threw out a seizure order issued July 28 by a Houston magistrate judge, who questioned U.S. jurisdiction in the matter while agreeing to store the cargo onshore at Iraq’s expense as the debate continued in that nation’s Supreme Court,” said the report. Bloomberg Businessweek wrote that Iraq had failed to convince the district judge that “the oil was misappropriated when it was loaded into a tanker in the Mediterranean Sea after being pumped across Turkey in an Iraq-owned pipeline.” http://rudaw.net/english/kurdistan/26082014 |
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| kurdishpatriot | 26th August 2014 - 04:37 PM Post #1734 |
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Pêşrew
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america buys our oil = whole the west buying our oil |
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| AlanJunior | 26th August 2014 - 04:47 PM Post #1735 |
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Liberal
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I predicted this as Shengal fell. Its all interconnected. |
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| Zagros | 27th August 2014 - 04:42 AM Post #1736 |
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Serdar
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DNO Targets Kurdish Oil Exports in Market Opened by U.S. Ruling DNO ASA (DNO), the oil producer focused on Bashur, said a U.S. court ruling has opened a market for Kurdish crude and it could make its first independent export sales by the end of the year at international prices. A U.S. district judge in Houston yesterday ruled that the semi-autonomous Kurdistan Regional Government can take 1 million barrels of crude ashore in Texas even though Iraq’s central government claims ownership of it. That’s “good news” for DNO, which has been cleared by the KRG to export oil independently, Executive Chairman Bijan Mossavar-Rahmani said. “That opens up a market, and we’ll walk into that market as well,” he said today in Stavanger, on Norway’s west coast. “It’s not just a legal matter or political matter, it’s also a matter of having refineries take this oil, run it through their refineries and see how it works.” DNO, the first foreign explorer to drill in Iraq after the U.S.-led invasion in 2003, has been caught in a dispute between the KRG and Baghdad’s central government over the proceeds of oil exports. After pumping oil from its Tawke field in Kurdistan through a new pipeline to Turkey’s Ceyhan port since the start of the year, DNO has now been cleared by regional authorities to export its own oil as its share of production. The Kurds, who are working to quadruple the capacity of their export pipeline, have defied the central government in recent weeks by shipping seven cargoes of oil overseas. Brent Discount The U.S. court decision is probably not the last step of the legal struggle, DNO’s Mossavar-Rahmani said. Still, he’d be “disappointed” if the company didn’t make its first export sale by the end of the year, he said, adding that it’s too early to say whether that would be to a U.S. buyer. While DNO’s heavy oil will be sold at a discount to Brent crude, a benchmark, the company expects it to be sold at international prices, which would represent a significant premium to the $50 to $60 a barrel it’s getting from sales to the local Kurdish market, Mossavar-Rahmani said. Brent for October settlement traded 33 cents higher at $102.98 a barrel on the London-based ICE Futures Europe exchange as of 4:10 p.m. local time. “It’ll be in line with what the Kurdish government is now getting,” he said. “I understand that those prices are in line with world prices.” http://www.bloomberg.com/news/2014-08-26/dno-targets-kurdish-oil-exports-in-market-opened-by-u-s-ruling.html? |
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| Zagros | 30th August 2014 - 12:56 AM Post #1737 |
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Serdar
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Kurds raise oil funds for refugees Help needed to address fallout from Islamic State ERBIL, Aug. 29 (UPI) -- The Kurdish government said it's expanding a humanitarian initiative tied to oil operations to address the influx of refugees fleeing the Islamic State. The Sunni-led Islamic State, a terrorist group known also as the Islamic State of Iraqi and Syria, has squared off against Kurdish forces as it tries to expand its claims to territory in the region. The semiautonomous Kurdistan Regional Government said Friday it was broadening its Kurdistan Oil and Gas Humanitarian Initiative to extend to new refugees and internally displaced persons. "The Kurdish Ministry of Natural Resources is pleased that a number of oil companies in the South Kurdistan have already asked how they can support humanitarian efforts for the massive new influx of refugees and IDPs," it said in a statement. "With the expansion of KOGHI, companies have an already established framework for providing funds." The Kurdish government says it launched the initiative in 2013 alongside oil and natural gas companies operating in the region. It said the fund has generated $15 million in aid donations so far. U.N. High Commissioner for Human Rights Navi Pillay said Monday she was appalled by the widespread human rights abuses carried out by the Islamic State. "They are systematically targeting men, women and children based on their ethnic, religious or sectarian affiliation and are ruthlessly carrying out widespread ethnic and religious cleansing in the areas under their control," she said in a statement. Read more: http://www.upi.com/Business_News/Energy-Resources/2014/08/29/Kurds-raise-oil-funds-for-refugees/5841409321570/#ixzz3BnEqHIwi |
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| diako_ber | 3rd September 2014 - 05:06 PM Post #1738 |
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Pêşeng
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Kurdistan MNR stated that they're willing to cooperate with Baghdad by exporting 100,000 barrels if Baghdad sends the salaries of September, October and November Lol... |
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