Iraq Business News: Gulf Keystone Resumes Pumping in Kurdistan

Iraq Business News All the latest business news from Iraq

Gulf Keystone Resumes Pumping in Kurdistan Nov 5th 2012, 18:21 By John Lee. According to industry sources cited by reuters, Gulf Keystone has restarted production in Kurdistan after a gap of six months. The company is now producing between 5,000 and 7,000 bpd for sale on the domestic market, and is developing its Shaikan field to raise output to around 40,000 bpd by the middle of next year. GKP reportedly aims to produce as much as 150,000 bpd from Shaikan by 2015. (Source: Reuters)

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