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Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants.
Companies Mentioned:
DNO, Exxon, Genel Energy, Gulf Keystone, Longford, WesternZagros
Action Calls:
As Maliki consolidates power, all eyes turn to Kurds: As we expected, Iraq’s future will be decided along Baghdad-Erbil axis.
Gulf Keystone shares spike on PSC back-in rights: Not new news, unless someone actually knows specifics of a bid for GKP. But big win won’t occur until Erbil-Baghdad is resolved.
Genel boosts stake to 80%, becomes operator of Chia Surkh PSC: Genel, in not unexpected move, continues as consolidator in Kurdistan.
Headlines:
Source: Kurds moving towards state in March: Persistent rumors, but at this point file under “negotiations positioning.”
Sonangol attacked in Ninewa: Most likely criminal attack, designed to extract money or concessions, not broader activity.
Calendar:
19 January – Parliament to reconvene, Iraqi budget on docket
Next month – Reconciliation meeting
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Companies Mentioned:
DNO, Exxon, Genel Energy, Gulf Keystone, Longford, WesternZagros
Action Calls:
As Maliki consolidates power, all eyes turn to Kurds: As we expected, Iraq’s future will be decided along Baghdad-Erbil axis.
Gulf Keystone shares spike on PSC back-in rights: Not new news, unless someone actually knows specifics of a bid for GKP. But big win won’t occur until Erbil-Baghdad is resolved.
Genel boosts stake to 80%, becomes operator of Chia Surkh PSC: Genel, in not unexpected move, continues as consolidator in Kurdistan.
Headlines:
Source: Kurds moving towards state in March: Persistent rumors, but at this point file under “negotiations positioning.”
Sonangol attacked in Ninewa: Most likely criminal attack, designed to extract money or concessions, not broader activity.
Calendar:
19 January – Parliament to reconvene, Iraqi budget on docket
Next month – Reconciliation meeting
[You must be registered and logged in to see this link.]
