KRG ,60 billion barrels... thanks to aktierman
Increase in oil reserves for the Kurdistan Region to 60 billion barrels
MON, 30 DEC 2013 14:08 Krg.org
Economic security adviser to the Kurdistan Regional Government that work is underway to extend the other two tubes to transport oil and gas from the region to Turkey hoped for completion in 2016 and added d. Bioar Khansa that the oil reserves in the region of more than 60 billion barrels, but the discoveries primary has now reached nearly 45 billion barrels, and those are our expectations (60 billion barrels) if the foreign companies specialized scans the territory of the region and the discovery of a backup real, has brings it to twice this amount in the event of the return of Kirkuk and Kurdish areas outside the region to the borders of the management of the Kurdistan Region and stressed that the number of foreign companies operating in the oil field in the Kurdistan Region of (52) companies have reached Pachtbaratha scientific and practical and expectations accredited to this result, which extends deep discoveries Tnguibadtha and so far (3700) m underground.
He reiterated that the foreign companies that are currently operating in 14 oil fields of the total (46), a key sector, which could be up rate of daily output current to (300) thousand barrels Regarding the agreements region with Turkey in the field of export of oil and gas through its territory, said security expert Economic mentioned that Turkey entered endeavors to address the outstanding issues between the governments of the Kurdistan Region and Iraq Federal and expected to arrive talks the two sides in this regard to the proper solution and the success of the D-tube first oil from the region to Turkey may pay the Kurdistan Regional Government to work on the creation of two tubes a new one for the export of oil and other to export gas, which is for completion in 2016 and the reserve is expected for the region's natural gas is (3.6) billion m 3, and will have this role in line (Nabucco) International Inclusive of natural gas from the region in the various countries of the world by securing a section of the requirements of the European countries of natural gas, revealed that the Kurdistan Regional Government has concluded so far (52) contracts for oil and gas with 27 foreign companies from 27 countries.
On the other hand, announced the Turkish Minister of Natural Resources that the talks that took place between the Prime Ministers of the Federal Iraq and the Kurdistan Region recently reached good results and that his country supports any efforts that will normalize the issue of the distribution of Iraqi oil revenues. He Taner Yildiz: start oil exports from the Kurdistan Region as a first stage to 300 thousand barrels up later to 400 thousand barrels per day and increase gradually.
https://www.krg.org/a/d.aspx?s=010000&l=14&a=50330