7th Feb 2023 13:44
Gulf Keystone Petroleum Ltd - Bermuda-based oil & gas exploration company - Receives notification that the export pipeline to Ceyhan in southern Turkey and operations at the Ceyhan terminal have been temporarily suspended, following the earthquakes in Turkey and Syria on Monday. Ceyhan is about 100 miles west of Gaziantep, which is about 20 miles east of the epicentre of the larger earthquake.
"GKP's production facilities and well sites have not been damaged by the earthquakes and all staff continue to work safely. The facilities have storage capacity that allow continued production at a curtailed rate over the next few days after which the company would suspend production until pipeline export operations resume," Gulf Keystone says.
Current stock price: 194.66 pence, up 1.0% on Tuesday
12-month change: down 18%
By Tom Budszus, Alliance News reporter
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