Gulf Keystone confirms first Kurdistan crude exports, payment due in 30 days

Gulf Keystone Petroleum (GKP) has confirmed the first lifting of Kurdistan crude, allocated to the company and other international oil companies (IOCs), for pipeline exports during September and October 2025. The crude was successfully transported via the Ceyhan oil terminal in Türkiye by the nominated trader.

Payment for Gulf Keystone’s share of this first lifting is expected within the next 30 days. A second lifting for IOC allocation of Kurdistan crude exported in October 2025 is scheduled for the end of November 2025, with further liftings and payments anticipated.

The company plans to release a further update on these operations and corporate matters next month as part of its regular December operational & corporate update. Gulf Keystone Petroleum Ltd. is an independent operator and producer in the Kurdistan Region of Iraq.