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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Reuters: Kurdistan closes the oil pipeline between Iraq and Turkey at the request of the Ankara gove

    Rocky
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    Reuters: Kurdistan closes the oil pipeline between Iraq and Turkey at the request of the Ankara gove Empty Reuters: Kurdistan closes the oil pipeline between Iraq and Turkey at the request of the Ankara gove

    Post by Rocky Mon 27 Mar 2023, 5:27 am

    Reuters: Kurdistan closes the oil pipeline between Iraq and Turkey at the request of the Ankara government

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    Economy News-Baghdad
     Oil companies in the Kurdistan region of Iraq said on Monday that the Kurdistan Pipeline Company (KPC) closed the Iraqi-Turkish pipeline (TADAWUL:2360) at the request of the Turkish government. According to Reuters.
    The news comes after Iraq on Saturday halted oil exports from the northern region after Baghdad won an arbitration case in which it said Turkey had violated a joint agreement by allowing the Kurdistan Regional Government to export oil to the Turkish port of Ceyhan.
    Shares in London-listed Genel Energy fell 16 percent despite the company, which focuses on Iraqi Kurdistan, saying it was continuing to produce oil in storage facilities.
    The share of Gulf Keystone, which operates the Sheikhan field, one of the largest projects in the Kurdistan region of Iraq, fell 22 percent to its lowest level since August 2021.
    While Genel and Gulf Keystone said they expected the oil stoppage to be temporary, the Norwegian oil company DNO, which focuses on the Middle East, said it had received instructions from the Kurdistan Regional Government to temporarily stop pumping oil into the export pipeline.
    Its Oslo-listed shares fell 8.8%, their lowest since December 2021.


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