Thursday 5 September 2013

Taqa seeks green light on Kurdish oil production - The National

Taqa seeks green light on Kurdish oil production - The National:

"
Abu Dhabi National Energy (Taqa), the state utility, is seeking approval to pump 30,000 barrels per day from its field in the Kurdish region of Iraq.

Although the amount would be a fraction of the capacity of more developed fields in the Kurdish area such as Taq Taq and Tawke, plans for extra output add urgency to the semi-autonomous region's case for exporting oil without the involvement of the Iraqi federal government.

Companies such as Genel and DNO, a Norwegian producer part-owned by the UAE, have faced losses in the Kurdish region as a stand-off between the Kurdistan regional government and Baghdad's ministry of oil bottlenecks exports."

'via Blog this'

No comments:

Post a Comment