"Turkey is readying to sign new contracts with US and Russian companies to prospect for and develop oil and gas reserves in the Kurdish controlled region of northern Iraq Turkish officials confirmed Wednesday.
Officials were unable to confirm the names of any of the companies involved or any details of what sort of agreements may be signed beyond that they would be “commercial” agreements.
However the announcement is being widely seen as related to last week’s visit to Washington by Turkish Prime Minister Tayyip Erdogan and energy minister Taner Yildiz, which Turkish officials had suggested may result in some measure of official support for Turkey’s hopes for Kurdish oil and gas reserves to be exported to Turkey and on to regional markets."
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