facebook
twitter
rss
account
search
search
 

Kurdish oil installations safe, Gulf Keystone says

No immediate threat from terrorists, company says.
By Daniel J. Graeber   |   Aug. 7, 2014 at 10:22 AM   |   Comments

| License Photo
LONDON, Aug. 7 (UPI) -- Gulf Keystone Petroleum said Thursday its operations in the Kurdish north of Iraq are safe, though precautionary measures are in place.

Gulf Keystone is one of the premier oil producers in the Kurdish north of Iraq. The company in June said production from the Shaikan oil field in the region should be at 40,000 barrels per day by year's end.

Kurdish forces this week responded to incursions from the Islamic State of Iraq and Syria, a Sunni-led group that declared an Islamic state over parts of northwestern Iraq. The company, which has headquarters in London, said its Shaikan production facilities are safe and secure.

"While there is no immediate threat to any of the company's operations in the region, we continue to monitor the situation closely and operate with increased security as a precaution," the company said in a statement.

Kurdish Prime Minister Nechirvan Barzani said in a statement regional forces known as Peshmerga will be able to defeat the Sunni insurgents.

"The Kurdistan Regional Government, with its faith in Kurdistan's Peshmerga forces, promises the people of Kurdistan that it will not allow terrorists to defile the sacred land of Kurdistan nor hinder the continuation of life in Kurdistan," he said Wednesday.

Follow @dan_graeber and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
U.S. Air Force orders more RQ-4 Global Hawks U.S. Air Force orders more RQ-4 Global Hawks
2
Hotel chain suspending sponsorship of Minnesota Vikings Hotel chain suspending sponsorship of Minnesota Vikings
3
Talon rocket in full-rate production for UAE Talon rocket in full-rate production for UAE
4
Lockheed tests aircraft laser turret
5
Cover Girl ads photoshopped to protest NFL's Roger Goodell Cover Girl ads photoshopped to protest NFL's Roger Goodell
Trending News
Video
x
Feedback