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Gulf Keystone to continue trucked oil exports from Kurdistan

Company confirms future shipments as the KRG more aggressively markets oil independently of Baghdad.
Tankers queue outside Gulf Keystone Petroleum's PF-1 production facility north of Shaikan in Ninewa province on Jan 8. 2014 (PATRICK OSGOOD/Iraq Oil Report)
Patrick Osgood and Rawaz Tahir of Iraq Oil Report
Friday, January 10th, 2014

SHAIKAN - Gulf Keystone is preparing to sell at least two more shipments from the Shaikan oil field as the Kurdistan Regional Government (KRG) presses ahead with an autonomous oil monetization policy that is likely to deepen its rift with Baghdad.

While oil from the KRG's three other exporting fields will be sent in a newly commissioned pipeline to Turkey, Shaikan will sell truckloads via politically connected Turkish trader PowerTrans until its field is connected to the pipeline.

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