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Rudaw

Kurdistan

Kurdistan could be major oil exporter, says oil exec

By Rudaw 20/11/2015
2015 Energy and Economic Summit in Istanbul
2015 Energy and Economic Summit in Istanbul
ISTANBUL, Turkey— Chief Executive of Genel Energy Tony Hayward said the Kurdistan region of Iraq could effectively start exporting its gas to Turkey by 2019.

The British businessman said Kurdish gas could be supplied to several countries and sufficiently meet their demand.

“Kurdistan region is believed to have an estimated 200 trillion cubic meters of natural gas and could become a major exporter in the market,” said Hayward, who was chief executive of British Petroleum before leaving the company in 2010.

Speaking at the Atlantic Council energy and economic summit in Istanbul on Thursday, Hayward also said Kurdistan was steadily increasing its oil export despite the ongoing crisis in Iraq. 

Kurdish Minister of Natural Resources Ashti Hawrami, also at the summit, said Kurdistan could increase its gas export to 20 billion cubic meters a day in four years. 

“We have been increasing our gas production for the past nine months and will work with Turkish companies to export it to Turkey,” Hawrami said.

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Reality | 20/11/2015
More rentierism and more dependent on Turkey for basically everything. How is this a good strategy for kurds? This is a short term hit that some people are using to get kurds high, it will not lead to sustained progress and development. Turks are the greatest obstacle to Kurdish state in the mideast, this is basic fact, so why is the so called greatest proponent of a Kurdish state, KDP leader masssoud barzani, making us more dependent on our greatest enemies?
Hans Guderian | 20/11/2015
Oh please don't.. It will just be a funding source for PKK, more dead 20 yrs old Turkish kids. Just stop trade with Kurdistan, close the borders. There is only hatred at this side of the border for Turks.
Vibe | 20/11/2015
Any economy that is solely dependent on natural resources is doomed to fail.
FAUthman | 20/11/2015
Kurds in Iraq are already independent. Go stick a Kurdish flag anywhere in Iraq you believe it belongs and if you think it is wise to put an Iraqi flag next to it here and there, do it, no big deal. Have a long term plan for prosperity and security for the Kurdistan region. Make the rest of Iraq be proud they have a Kurdistan in their midst to look up to and run up to its mountains and cities when life in the rest of Iraq becomes unbearable. But never give your economic independence which is enshrined in the Iraqi constitution. Be the pride and jewel of the region. And thank the US for the sacrifices and investments it has made in helping you create a modern Kurdistan and for its commitment to your security under the SFA agreement of 2011. If Arbil /Baghdad/ and the US, sometime in the future would want to change the political status of the Kurds in Iraq towards more self government let it happen with good will and amicably the support of Turkey and Iran. Wisdom and economics will cement Kurdish presence in the region not slogans.
Hans Guderian | 20/11/2015
No trade with Turkey. You hate them, and you think Turks hate you. Are you idiots?

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