Carduchi Consulting

#Kurdistan Region/#Iraq Weekly briefing, media monitoring, Politics, Energy, Oil & Gas, Stakeholder planning, Insight, politics, Risk, #CSR, Due Diligence...

[Shwan Zulal @ShwanZulal]

Full house at @CWCIraq #iraqpetroleum conference with oil minister saying Iraq wants to have three export routes; one from the gulf and two to the Med. #iraq

[Carduchi Consulting @CarduchiC]

Our managing director @ShwanZulal will be talking at @ChathamHouse this afternoon on kurdish gas prospects and the industry’s recent revival and new investments

[Carduchi Consulting @CarduchiC]

US likely to keep #Iraq waivers on Iran sanctions, but neutering Tehran's influence is a longer goal https://t.co/dT6NNXGWa3 With comments from our MD @shwanZulal by @NatashaTurak

[Shwan Zulal @ShwanZulal]

#Iraq resumes oil exports from #Kirkuk https://t.co/y83azq45Ag via @financialtimes with my comments by @AnjliRaval @ChloeNCornish @OilSheppard #KRG

[Carduchi Consulting @CarduchiC]

Kurdistan Region/Iraq: Energy & Politics Report, see headlines for our latest reports, No. 292,293 https://t.co/ntBpDs9TmR

[IBBC @IBBC_London]

IBBC, @AMARLondon and @RUSI_org host their second joint event on Iraq this year focusing on the new Iraqi Government and the impact of US sanctions on Iran for Iraq. @Baroness_Nichol gave the opening address, followed by @ShwanZulal and @renadmansour & @MStephensGulf chairing

[Shwan Zulal @ShwanZulal]

Quick thread on #KRG dynamics: There seems to be plenty of bluster from the KRI's election winners (KDP) that they may form next government without the #PUK & say the Iraqi presidency race was theatrics to gain upper hand in KRG and the #KDP never wanted the Iraqi presidency (1)

[Carduchi Consulting @CarduchiC]

The #KurdistanVotes as reported so far in comparison to previous elections. no official results are out yet. #KRG #Iraq

[Carduchi Consulting @CarduchiC]

Iraq parliament elects Barham Salih as country's new president https://t.co/pWCf2kkWDY

[Shwan Zulal @ShwanZulal]

Before Today's vote, @BarhamSalih as eloquent as ever setting out his vision for the Iraqi presidency, dignified and an inclusive pitch. His election will undoubtedly transform the presidency and reshape the norms of Iraqi politics https://t.co/nAjp1zO1Hc

[Carduchi Consulting @CarduchiC]

Our Managing Director @ShwanZulal 's take on Iraq's electricity:
Who can solve Iraq's electricity crisis? | Counting the Cost https://t.co/A48fUdaAUM via @YouTube

[Shwan Zulal @ShwanZulal]

Dana Gas receives US$44mn in dividends from Kurdistan operations https://t.co/TW9yX0HU43 via @OilReview

[Shwan Sharey, PhD @ShwanSharey]

The federal government warns #Turkey over flight ban to #Sulaymaniyah @CarduchiC

[Shwan Sharey, PhD @ShwanSharey]

Iraqi PM spokesman says #Kirkuk export talks ongoing with the #KRG @CarduchiC

[Carduchi Consulting @CarduchiC]

For #Kurdistan Energy & Politics Report, weekly Issue No. 266, 267 headlines and latest polls and charts for Kurdish representations in #Iraqi parliament on 12 May see here - https://t.co/1cyrp5mUbF

[Carduchi Consulting @CarduchiC]

#Kurdistan Region #Energy & Politics Report, weekly Issue No. 264, 265 - headlines here https://t.co/XmEEHUjc88 contact us for more details at contact AT https://t.co/GmgDKdcVeO #KRG #KRI #Iraq #IraqiElections

[Shwan Zulal @ShwanZulal]

8. At current rate of export, the cash generated (not know since last Nov) from sales would be minus circa $350m every month-You do the math

[Shwan Zulal @ShwanZulal]

7. On top of IOC payments, traders lifting prepaid crude & quasi bond payments, the KRG need circa $700m to pay salaries every month

[Shwan Zulal @ShwanZulal]

6. Given the amount debt the KRG has from prepayment & financing deals, at this rate of export, cash flow will dry up very quickly

[Shwan Zulal @ShwanZulal]

4. KRI Export are now down to circa 265,000 from Ceyhan translating to the loss of about half of revenues generated from sales before