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

Genel Energy

26/09/2025 08:37

** 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

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))