Oil – Gas conference commenced in Arbil

ARBIL / IraqiNews.com: Oil and Gas conference started deliberations here today with the participation of a number of oil companies working in Kurdistan. The conference is organized by the Kurdish government. In a statement at the inauguration session, Kurdish premier Barham Saleh announced that 45 oil contracts were signed with foreign companies, and the region is exporting about 150.000 b/d which is expected to reach to 175.000 b/d next year. On the problems with Baghdad, he added that there are differences in opinions, but there is similarity on exporting produced oil through the central Iraqi pipeline. He disclosed that the oil and gas law should be adopted before the end of this year. Kurdish natural minerals minister Ashti Horami said that the reserves in Kurdistan could reach to 45 billion barrels, with great quantities of natural gas. In the conference, Turkish vice-minister Selahattin cimen took part in which he confirmed the Turkish role in serving Iraqi oil exports.Number of Reads:279