ShaMaran Petroleum Corp (SHASF)

[Kinematik]

Happy newyear everyone!

Its happening ;)

Atrush neighbour is starting export

uk.mobile.reuters.com/article/idUKL6N0KA1M720131231?irpc=932



Iraqi Kurds export first heavy oil to global market

Tue Dec 31, 2013 1:43pm GMT

* KRG sells first cargo of Shaikan heavy crude

* Gulf Keystone operates Shaikan oilfield

* Taq Taq oil going into new pipeline for exports

By Julia Payne

LONDON, Dec 31 (Reuters) - Iraq's Kurdish region has started exports of heavy crude to world markets, traders and industry sources said, a further step to wrestle more control of its lucrative oil sector from the central government in Baghdad.

Trucked through Turkey to a waiting tanker, the sale of Shaikan crude comes just ahead of planned exports of light crude Taq Taq via a new pipeline.

The Kurdish Regional Government (KRG) began selling its oil independently of Baghdad in 2012, first with very light oil condensate, followed by Taq Taq, produced by London-listed oil company Genel.

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