Iraq: GKP stops trucking Kurdish exports


Issue 987 - 19 Feb 2015 | 1 minute read

In a 6 February operational update, UK-based Gulf Keystone Petroleum (GKP) said it would suspend crude oil exports via truck from the Kurdistan Regional Government (KRG) region, and restart supplying the domestic market as a short-term measure to get badly needed revenues. The statement confirmed trucking would restart once a regular payment cycle for sales was established with the KRG. Anglo-Turkish Genel Energy and Oslo-listed DNO have also announced plans to increase sales in the local market.

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