RE:RE:RE:RE:Taqa) plans to invest about $1.2 billion developing the Atru Wonder how Genel could have a revenue of 3-400 million $ without getting paid....
(Im logged in again now)
And one could think that even ICG realises they need KRGs export to make the budget work.
Even though they cant even understand that KRG have the right to 17% of the budget according to the constitution, without lifting a finger.
Wonder when we will here about GKPs payment for sold oil, 1-2 months?
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The Kurdish Regional Government confirmed the planned sale after inviting tenders for January on its website.
The news came as British oil firm Gulf Keystone confirmed exports had begun from the Shaikan field in the country, with two cargo loads of around 200,000 barrels of oil each being transported into Turkey for loading at the port of Dortyol.
“Significant progress has been made since the Shaikan Field Development Plan was approved in June 2013,” said Gulf Keystone chief executive Todd Kozel.
“We began commercial production 30 days after its approval and now the first cargo of Shaikan crude is being sold to the international market.
REVENUES
Sales realisations are as follows:
o Taq Taq export sales have been reconciled up to end July and realised c.US$75-80/bbl.
o Taq Taq domestic market sales in the third quarter (including Bazian refinery) realised
c.US$73/bbl.
o Tawke domestic market sales in the third quarter realised c.US$58/bbl.
The Company’s 2013 revenue guidance is unchanged at US$300-400m.