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Gulf Keystone Petroleum, Genel Energy rise on Kurdish crude export resumption

ReutersSep 26, 2025 7:37 AM
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UK-listed Kurdish oil producer Gulf Keystone Petroleum GKP.L rises 4.32% to 217.5p, highest since October 2022

Kurdistan-focused oil firm Genel Energy GENL.L gains as much as 4.95% to 78.8p

Group of international oil companies sign agreements with Kurdistan Regional Government and Federal Government of Iraq to restart international crude exports from Kurdistan

GKP expects Shaikan Field realised prices to improve to above $30/bbl in interim period vs $27-28/bbl in local sales

GKP's gains ~27%, GENL up ~2% this year, as of last close

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