GKP Shares Rise on First Lifting of Kurdistan Crude

By John Lee.

Gulf Keystone Petroleum (GKP) has confirmed the completion of the first lifting of Kurdistan crude allocated to the company and other IOCs for September-October 2025 pipeline exports, carried out by the nominated trader at Türkiye's Ceyhan terminal.

Payment for the company's share is expected within 30 days, in line with the interim export agreements announced on 26 September 2025. A second lifting for October volumes is planned for the end of November, with further liftings and payments to follow.

The company said it will issue its next update in December as part of its regular Operational & Corporate Update.

Shares in GKP were trading up 4 percent at lunchtime.

(Source: PMO)

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