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The Minister is expected to start the flow of oil in the Kurdish new pipeline within weeks

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The Minister is expected to start the flow of oil in the Kurdish new pipeline within weeks Empty The Minister is expected to start the flow of oil in the Kurdish new pipeline within weeks

Post  Admin Sat Nov 23, 2013 7:05 am

Saturday, November 23, 2013 - 03:19
Drastically and Kurdish Minister of Natural Resources Drastically and Kurdish Minister of Natural Resources

Istanbul (Reuters)


Said drastically Minister of Natural Resources, in the Kurdistan region of Iraq, said oil exports could begin to flow in the pipeline to Turkey's new Kurdish, within weeks without necessarily agree with the central government in Baghdad on the mechanism of revenue collection.

The minister said at a conference in Istanbul, "we may see flows before Holiday Birth", and after that was the original projections indicate the start line at the beginning of next year.

The Government of the semi-autonomous Kurdish region, the implementation of the pipeline project, which will have a capacity of 300 thousand barrels per day, and proposes to get 17% of the total Iraqi oil revenues according to the article in the Iraqi constitution.

Hawrami said Kurdistan will go ahead in both the export of oil and Baghdad agreed on a plan payments or did not agree, and said, "We do not ignore Baghdad, but if no one wants to talk to us there is nothing wrong, I have patience ten years."

And when it begins operation of the pipeline will stop gradually Kurdistan for oil exported by truck to the Turkish port of Ceyhan on the Mediterranean coast.

Said Mohamed for president of the British Turkish Genel Energy, which operates oil fields in Kurdistan on Friday, "a large part of our production will be directed to this line, stressing that the oil will begin to flow in the pipeline Kurdish within weeks.

He stated that Genl has the capacity to produce about 230 thousand barrels per day from two fields in Kurdistan, namely Taq Taq and Tawke, the company operates in the exploration phase in other fields region.

He said, for "the end of 2014 may increase our production capacity in the fields to 350 thousand barrels per day through new wells."



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