Related Articles
Forward article link
Share PDF with colleagues

Kurdistan eyes major role in Turkish gas market

The region of Kurdistan holds promising large natural gas reserves

Kurdistan’s rocky emergence as an oil exporter is the dominant story in northern Iraq. But the region’s large natural gas reserves hold promise, too, offering a lucrative business that may bypass some of the central government’s objections to Kurdish oil ambitions. Genel Energy, a Turkish firm already producing oil in Kurdistan, says it plans to bring on stream 4 billion cubic metres a year (cm/y) of gas from its fields in Kurdistan by 2015.The production will go to Turkey’s energy-hungry market, reinforcing the growing commercial ties between Ankara and the Kurdistan Regional Government (KRG). Last year, trade between Kurdistan and Turkey amounted to $8bn, say KRG officials, who predict s

Also in this section
Action time for Nigeria's government
19 July 2016
Nigeria’s government is pressing on with plans to liberalise key parts of the economy. The downstream is a priority
Brexit leaves certainty of uncertainty
19 July 2016
No one in the UK’s Leave camp had a real energy plan. So what now?
India's oil minister: 'We want to increase gas consumption'
13 July 2016
Natural gas is cheap, abundant and cleaner than other fossil fuels. It’s the fuel for India, says the oil and natural gas minister, Dharmendra Pradhan