Two natural gas projects in Kurdistan end of year

Friday, August 5, 2016 5:09 AM

Arbil/ Iraq TradeLink:

Oil Genel Energy announced that two natural gas projects shall be completed
in the Kurdish region by the end of this year.

The company is expecting to finalize the agreement very soon for the two projects of Miran Gas Oilfield and Pinbao Oilfield in the Kurdish region.

Genel Energy is expecting to have a Turkish partner in the coming stages, if the final agreement with the Kurdish government is reached.

On the other hand, Kurdish representative at the European Union Dolar Khalid Ashkiyi disclosed that the Kurdish region will be able to provide most of European needs of its gas, as reported by al-Sharq al-Awsat daily.

He pointed that the gas exports shall be made through Turkey by the beginning of 2019.

Posted in: Arbil,Economy