Min kontakt på DNO siger, at der ikke strømmer olie, før betalingen er på plads. Arbejderne er også snart kørt træt, idet det er forbundet med ekstra arbejde i nuværende situation.

Hyppige møter nå

KRG delegation arrives in Baghdad to discuss 2024 budget
Kurdistan
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2024 Budget
KRG delegation arrives in Baghdad to discuss 2024 budget
2024-05-14 21:54


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Shafaq News/ On Tuesday, a delegation from the Kurdistan Regional Government arrived in Baghdad to discuss the 2024 budget.
The Kurdistan Ministry of Finance stated, "The Kurdistan Regional Government delegation arrived in Baghdad this evening, headed by Awat Janab Noori, Minister of Finance and Economy."
The statement clarified that "the visit aims to discuss amendments to the budget law tables and resolve issues and obstacles that arise during the amendment of the law regarding the Kurdistan Region's share."
Earlier today, PM Al-Sudani's media office stated that the Prime Minister directed an extraordinary council session to be held next Sunday, May 19, to discuss the federal budget for 2024.
The current budget marks Iraq's largest in history, estimated at approximately $153 billion annually, with the Kurdistan Region anticipated to receive around 12.6% of the total.
Notably, the budget carries a substantial financial deficit of roughly $48 billion annually, the nation's highest recorded deficit, prompting concerns regarding potential repercussions amid oil price fluctuations.
The budget mandates a fixed price of $70 per barrel of oil and an exchange rate of 1300 dinars per US dollar for three years.
Iraq's oil export target is set at 3.5 million bpd, including 400,000 bpd from the Kurdistan Region. However, Kurdistan's exports have been suspended since March 2023 through the Ceyhan port in Turkiye after a compensation order by the International Chamber of Commerce related to "unauthorized" oil exports by the KRG between 2014 and 2018 without Baghdad's supervision.

Går mot løsning nå. Virker som aksjen er oversolgt på dette nivået, nærmer seg ny stigningstakt

Reaksjon opp herfra kan bli kraftig hensyntatt teknisk formasjon. Target 14 kroner-isxh.

Husk i morgen er ex-utbytte-dag. Siste dag i dag med rett til kvartalets 25 øre pr aksje.

Liker det de skriver om 70 dollar. Regner med DNO vil kunne sitte igjen med mer enn fra det lokale salget. Så får vi håpe de lager en nedbetalingsavtale på de 3mrd som staten skylder. Denne gangen vil de vel kreve forhåndsbetaling. Får krysse fingrer for at vi får bra med feriepenger fra dno i år (tenker i kursøkning ikke utbytte)

De 70 dollar har lite med hva DNO får betalt. Det er budsjettert salgspris i markedet snittmessig for Irakproduksjonen. Hva som tilfaller produsentene er kontraktsmessig betinget...

Jeg er klar lver at det er forskjellige ting, men om den var på 50dollar så ville det høyst sannsynlig gjort at verdien DNO får ihvertfall ikke er mer enn når det er 70som er salgsprisen.

Kun dager !

Oslo, 16 May 2024 -- DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of a 25 percent interest in the Arran field on the UK Continental Shelf by the Company's wholly-owned subsidiary DNO Exploration UK Limited from ONE-Dyas E&P Limited. The field is operated by Shell UK Limited (44.57 percent) and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform.

DNO's share of production of gas (principally) and liquids from Arran during the first four months of 2024 averaged 3,150 barrels of oil equivalent per day (boepd), up from the 2,000-2,500 boepd projected at the transaction announcement in February. Since announcement in February, drilling of the AN-4 infill well has been completed on time and budget; the well is scheduled to commence production later this year.
"Together with our recently announced acquisition of interests in multiple fields in the Norne area offshore Norway, Arran brings balance to our North Sea business by adding production to complement a strong development and exploration portfolio," said Chris Spencer, DNO's Managing Director. "Combined, the two transactions add more than 12 million barrels of oil equivalent and 5,000 boepd of production net to DNO, growing to more than 7,000 boepd by 2026," he added.

Strålende nyheter på en 16 mai🇧🇻🥳

DNO's share of production of gas (principally) and liquids from Arran during the first four months of 2024 averaged 3,150 barrels of oil equivalent per day (boepd), up from the 2,000-2,500 boepd projected at the transaction announcement in February. Since announcement in February, drilling of the AN-4 infill well has been completed on time and budget; the well is scheduled to commence production later this year

Apikur
May 15, 2024

APIKUR welcomes the visit of Ambassador Geoffrey R. Pyatt, U.S. Assistant Secretary of State for Energy Resources, to Iraq as another strong signal about the imperative for governmental leaders in Baghdad and Erbil to follow-through with their stated goal of restoring oil exports through the Iraq-Türkiye pipeline.



We understand that Ambassador Pyatt’s meetings with Iraqi Prime Minister Mohammad Shia Al-Sudani and Kurdistan Regional Government Prime Minister Masrour Barzani are a continuation of recent discussions held in Washington, DC and the Munich Security Conference.



As the Iraq Ministry of Oil recently completed two oil field licensing rounds, APIKUR notes there is already underutilized oil production and export capacity from Kurdistan Region that will help Iraq immediately achieve its short-term and long-term export goals.



APIKUR member companies reiterate that they are prepared to resume exports, contingent upon reaching agreements which provide for payment surety for past and future exports and preservation of commercial and economic terms. This resumption will benefit all Iraqi citizens and our stakeholders.



“Ambassador Pyatt’s visits to both, Baghdad and Erbil underscore the importance of immediate and cooperative action by all stakeholders to restore exports through the Iraq-Türkiye pipeline,” said Myles B. Caggins III, spokesman, Association of the Petroleum Industry of Kurdistan. “APIKUR’s member companies remain eager to resolve the export impasse and would welcome an invitation to participate in the process.”

Det nærmer seg en løsning, håper i løpet av juni. Ellers er vel kursen litt skuffende.

X utbytte 0,25 …..

Litt pussig den der børsmelding synes jeg, er jo registrert tidligere i februar. Men handelen ferdig nå 16 mai?

K24:
« US is very serious about promises made in Washington so is following up to solve problems, most important of which is oil exports.»

K24 oversatt fra arabisk:
ERBIL (Kurdistan 24) - Energy expert Mohammed Hourami noted the importance of the visit of the US Assistant Secretary of State for Energy Resources Affairs Jeffrey Payet to Iraq and the Kurdistan Region.

“The United States is pursuing the promises made in Washington to resolve problems with the Kurdistan Region, the most important of which is oil exports,” Hurami told Kurdistan24.

"Energy in general, and oil and gas in particular, are global goods, not domestic, just as other minerals have been affected by global events, prices and conditions have changed, oil and gas have also been affected," Hurami added on Thursday, May 16, 2024.

He continued: "The Kurdistan Region has taken good steps since the past years until today, and the last evidence of these steps is the international companies that competed for the Iraqi oil fields, including the companies of the region that managed to win three fields, one of which is a gas field and two oil and gas, in various governorates of Iraq, Mosul, Anbar and Maysan."

He added: "It seems that the Bayet's visit was concerned with the promises made by Iraqi Prime Minister Mohammed Shia Al-Sudani during his visit to the United States, in addition to his meeting with the foreign minister, in addition to the oil minister, and discussing the energy situation between Iraq and Washington, including the memorandums signed there."

“It is clear that the United States is very serious about the promises made in Washington, so it is continuing its implementation, to solve the problems of the Kurdistan Region, the most important of which is oil exports,” he added.«

Antar den siste signering i avtalen var ferdig i dag.

Likte godt følgende informasjon fra meldingen om Arran-transaksjoen: "Adjusting for interim cash flow from effective date 1 January 2024 to the
completion date 15 May 2024, the consideration paid upon completion was
approximately USD 60 million." Videre fra meldingen: "The contingent consideration of USD 5 million that was
payable if certain operational targets were met will not be paid".

I meldingen fra januar om kjøpet blir det oppgitt følgende: "The cash consideration is
USD 70 million plus a contingent consideration of up to USD 5 million if certain
operational targets are met." Altså totalt 75 MUSD.

Det er stor forskjell på 60 MUSD og 75 MUSD, tror dette kjøpet vil vise seg å gi god avkastning for DNO aksjonærene. DNO uttaler allerede i meldingen at " Arran is expected to have a short payback period
and the Company anticipates financial synergies between Arran and DNO's existing
position in the UK."

Arran feltet kommer til å gi gode tilskudd til overskuddene i DNO i årene fremover.

Apikur torsdag kveld:
Billions, indeed! $16,000,000,000+ has been lost to all stakeholders, since the halt of exports through the Iraq-Türkiye pipeline in March 2023.

The pipeline is ready, the companies are ready; let’s get the oil exports flowing to benefit all of Iraq and global energy markets. #Iraq #Kurdistan #oil

Rudaw torsdag kveld:
ERBIL, Kurdistan Region - US State Department Principal Deputy Spokesperson Vedant Patel said on Thursday that Washington continues its direct rounds of talks with Ankara, Baghdad and Erbil over the resumption of Kurdistan Region’s oil exports.

“We continue to engage directly with officials in Baghdad, officials in Ankara, officials in Erbil as well as US companies that are affected by stoppage on reopening the ITP [Iraq-Turkey pipeline] pipeline, developing multiple rounds for Iraqi energy to flow into global markets. It is a common interest of ours,” Patel told Rudaw’s Diyar Kurda during a press briefing on Thursday.

Spennende uker fremover 🎯

Shafaq News / Det amerikanske udenrigsministerium udtalte fredag, at det opretholder konstant kommunikation med embedsmænd i Bagdad, Ankara, Erbil og amerikanske virksomheder for at genoptage eksporten af ​​olie fra Kurdistan-regionen via Ceyhan Port-rørledningen i Turkiye.

Vicestatsministerens talsmand Vedant Patel sagde på en pressekonference i Washington: "At udvikle forskellige midler til at levere irakisk energi til globale markeder tjener både Iraks og USA's interesser."

Han tilføjede: "Vi er i direkte og løbende kommunikation med alle parter, der er berørt af stop i olieeksporten, vedrørende genåbningen af ​​den irakisk-tyrkiske olierørledning."

Ankara standsede strømmene den 25. marts 2023, efter at en voldgiftskendelse fandt, at det var i strid med 1973-traktaten ved at lette olieeksporten fra Kurdistan-regionen uden Bagdads føderale regerings godkendelse.

Retten pålagde Ankara at betale 1,5 milliarder dollars i erstatning til Bagdad for uautoriseret eksport mellem 2014 og 2018. Den igangværende anden voldgift dækker perioden fra 2018 og frem. To kilder, der er bekendt med sagen, sagde, at de to lande fortsat er involveret i en langvarig juridisk tvist.

I mellemtiden skylder Irak Turkiye minimale betalinger, så længe rørledningen fungerer teknisk - anslået til omkring 25 millioner dollars om måneden af ​​konsulentfirmaet Wood Mackenzie - som en del af traktaten, hvilket teoretisk giver et incitament til at genoptage strømme.

Er det ikke kun dager vi snakker om da😀

En gang blir det riktig med kun dager.. Fra svenske børsnyheter i går; På Stockholmsbörsen rusade Shamaran, som har verksamhet i området. Omkring klockan 13.45 på fredagen var Shamaran upp omkring 10 procent medan DNO var oförändrad då Oslo Börs höll stängt med anledning av nationaldagsfirande.

Det var på en presskonferens under torsdagen som USA:s biträdande energiminister, Geoffrey Pyatt, ska ha utryckt optimism om att främja energisamarbetet mellan USA och Irak, särskilt i Kurdistanregionen. Pyatt ska även ha upprepat positiva diskussioner som han fört med Iraks premiärminister Mohammad Shia al-Sudani och hans ministrar i frågan, uppger nyhetssajten Kurdistan24.

Samtalen om att återstarta flödet av olja från Irak genom Irak-Turkiet-pipelinen (ITP) har pågått sedan april förra året, sedan pipelinen stängdes den 25 mars i fjol.

Oljetransportstoppet har påverkat bolag verksamma inom regionen, bland andra Lundinfamiljens oljebolag Shamaran samt norska DNO.

17.5, nasjonaldagen til DNO …???
17.5: «Iraqi envoy to the UN: Erbil and Baghdad have reached an agreement to re-export oil.

"The teams of the KRG and federal government have reached an agreement on resumption of oil exports".

Vi må vente til tirsdag før vi er i 13-14 , men i mellomtiden får vi deltaljer og stigende oljepris 😎 (En oljetanker skal ha blitt utsatt for et angrep utenfor kysten av Jemen,)

"The teams of the Kurdistan Regional Government (KRG) and the federal government have reached an agreement on the resumption of oil exports from the Kurdistan Region," the Iraqi Permanent Mission to the United Nations said.

cinet: «Iraqi envoy to the UN: Erbil and Baghdad have reached an agreement to re-export oil.

Link?

Slike meldinger har vi hørt ørten ganger det siste året, bare se på det som en ny i rekken. Blir ingen enighet på lenge enda, hvis det i heletatt blir noe.

Godt da at vi har deg som tydeligvis følger DNO 24-7 og vet så mye.

Jo bare hyggelig 😀

Du får kommentere Norse, SPXL, der har du i alle fall interesser. I DNO eier du intet, og har forsøkt å så tvil om utbytte de siste to årene. Det virker som DNO ikke hører så godt etter på dine antakelser og betvilelser. Det er nok også tilfellet med restart av olje-eksport. Kanskje det er en årsak til at det gikk rally i kurdistan-broren Shamaran på selveste 17. mai....??

Jeg har Dno aksjer nå så der tar du feil ! Jeg vil ha med meg utbytte men går ut når jeg har fått det, blir penger av slikt vet du(hvis ikke kursen synker i mellomtiden). Norse er jeg nå også i pluss 😀 . Hvis kursen stiger på disse ryktene + utbytte så blir det topp men at det er en enighet om exporten har jeg null tro på.

Kan vi få en link som bekrefter dette eller er det bare løse rykter igjen.

Baisser sine egne aksjer, så vill ha med seg utbytte? Jaha..-haha. Noen er mere komplisert, ( les sammenskrudd) en andre liksom. Men for all del.., velkommen etter. Potensialet er nok mere kursutvikling fremover, en størrelsen på utbytte nå nærmest. Så får vi håpe Cinet har fått tak i noen "ekte rykter" iforhold til oljeeksporten . Fasit får vi vel på tirsdag eller utover uken.

Du lyver jo som det renner av deg Norse kjøpte du på 12 og solgte en del på bunn som du brukte til å kjøpe KOA på topp, jeg kjenner identiteten din og aksjehandlingen din består kun i store og mindre tap, du er en amatør som de proffe tar pengene fra. Alt er bare svada og intens hat mot de selskapene som du har tapt penger på.

Ja jeg kjøpte på 11,70 første gang men har snittet meg mye ned og er nå i pluss. At jeg gidder og kommentere ditt usakelig innlegg er dumt av meg. Ha en god kveld

"The teams of the Kurdistan Regional Government (KRG) and the federal government have reached an agreement on the resumption of oil exports from the Kurdistan Region," the Iraqi Permanent Mission to the United Nations said.

https://www.rudaw.net/sorani/business/17052024

Brug google translate 🤷‍♂️

Hvorfor lyver du når du vet det ikke er sant?

Gratulerer alle sammen.🤛 fortsatt god pinse..

Takk det samme til alle DNO aksjonærer. Stemmer dette ser vi kanskje 12 på tirsdag.

SPXL. Siste handelsdag for å få med seg dette kvartalsutbyttet var 15. mai. Ex-utbytte-dag var 16. mai, så du trenger ikke sitte lenger på aksjene om du skal ha med deg utbyttet, men det kommer jo nytt om 3 måneder, så bare heng med!

Ja, for se om jeg selger til uka, kanskje ryktene som går nå får et lite løft i kursen før den faller tilbake igjen, vi får se. Stoler ikke på meldinger som kommer fra Irak, når Dno selv melder om feks oppstart da tar jeg det seriøst

Rundaw oversatt i dag:
« Iraqi PM: KRG has agreed to review IOCs contracts, but the IOCs are not willing to work less (than $26). In order to solve this problem, we need to amend the budget law or amend the contracts of the companies.»

Ja,ja nå er dager blitt til mnd og nå til halv år. Hva blir det neste.

26$….da tjener de jo mye mere på lokalt salg

Burde vært forbudt at du kan kjøpe Dno og med deg så aksjonær bør vi kanskje selge alle mann.
Å kjøpe seg inn for å få utbytte var jaggu god.

Til dere andre så har jeg tatt et innlegg fra gkp sitt forum som er ganske bra.
"There won't be any progress until Erbil provide to Baghdad/SOMO what they've requested. See if you can gather together some brain cells to reach the conclusion as to why Erbil are extremely reluctant to do that."

If you had a brain cell Sarah you'd be able to work out the answer your question.

Here's a clue, from the MNR only 4 weeks ago:-

"As the MOI well knows, there is no provision of the 2005 Constitution of Iraq that confers any power upon the FGI to “approve” contracts issued by the KRG. The legal basis for those production contracts is the 2007 KRG Oil and Gas Law, passed unanimously by the democratically-elected Kurdistan parliament. That 2007 law is acknowledged by the world’s leading constitutional and international lawyers as having a solid basis in the 2005 Constitution of Iraq. Those lawyers include the late Professor James Crawford, a Judge of the International Court of Justice, and more recently Judge Stephen Schwebel, a former President of the International Court of Justice. Both lawyers published their opinions. Those eminent opinions have, quite rightly, been the basis of hundreds of billions of dollars of investment, including a great deal of western investment, in Iraqi Kurdistan.

By contrast, the MOI relies on nothing more than a February 2022 “order” from a panel or committee of political appointees in Baghdad that asserts the unconstitutionality of the 2007 KRG law. While the MOI publicly refers to that committee as the “Federal Supreme Court”, everyone knows that it is no such thing. The so-called “court” was not convened in accordance with the relevant provisions of the 2005 Constitution. It is revealing that the MOI does not even argue for the legitimacy of that committee. As one would expect, the February 2022 “order” of the political committee is, like the Saddam-era orders on which it is modelled, almost comically devoid of even the most rudimentary legal reasoning. It is an embarrassment to the people of Iraq. The KRG executive pointed out this plain fact from the moment the “order” was issued, followed soon after by the KRG legislature and judiciary. The KRG judiciary is properly constituted, and it does not recognise the 15 February 2022 order as the decision of a court."



As far as the KRG the IOCs and the Iraqi Constitution are concerned, contracts issued by the KRG are not the concern of the Federal Government and the Federal Government has no powers whatsoever to go poking their noses into them.

Meanwhile Kurdish production is almost back up to pre pipeline closure levels and everyone except the Federal Government is making good money out of it including the Kurds the IOCs and the Turks with GKP making some $96 million a year profit.

So they're all happy to tootle along until September 19th next year which is now only 16 months away when the ITP agreement expires. This is what the DNO CEO recently said about that:-

"We do know that the pipeline will open within the next two years sometime, because the contract between Turkey and Iraq for the use of that pipeline ends next year, Turkey can then do with the pipeline what it wants without any further exposure to the legal side, that may be a factor in their thinking. So it won't be shut in forever. Once the existing arrangements end they will end and the pipeline will reopen.

In the meantime there's a lot of value to us in getting paid in advance, it's been no use to us having oil in the $60 a barrel range after all the adjustments in the past when we're getting paid zero for them, I'd rather have $30 in the hand rather than the promise of $60 somewhere where I can't quite reach or grasp it or it can be taken away from me. We're comfortable with this $10 million a month sum, we'd like to see it higher of course but we'll be fine."

And this is what we are told is the Turks take on the situation after Erdogan's visit last month:-

"While Iraq has been preparing to resume oil exports from Kirkuk to Turkey, Erdogan likely prefers resuming exports through the KRG's pipeline. Critics claim the agreement's political dimension is to maintain the KDP's power and continue its leaders' rule in the Kurdistan Region with Ankara's support."

And talking of Iraq preparing to resume exports through Kurdistan Fishkabour and Turkey using their newly refurbished pipeline, you told us that was going to happen by the end of April and that it demonstrated that Baghdad were in control.

So how's that one going, it seems to have gone very quiet.

The Kurds and the IOCs are in no hurry to make concessions on their constitutional and legal rights because they don't need to, all they have to do is wait it out until next September, and Erdogan has already indicated whose side he is on.

And in the meantime the so called Supreme Court has told the Federal Government that they have to keep paying the Kurds salaries.

So as far as I can see the only people who need to get this done pronto are the Federal Government, with temperatures in southern Iraq heading towards the high 40s and not a drop of rain for the next 6 months.

All looks pretty good to me.

$26 for alle fatene de produserer, i Q1 nå fikk de jo kun $32 for 1/3 av oljen de produserte. Resten "ga" de bort til KRG.

Du har ikke en kilde på "$32 for 1/3 av oljen de producerer" i Kurdistan?