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Hue Mi
01-10-2012, 08:57 PM
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Genel Energy: we will produce 100 thousand barrels of oil in the Kurdistan region the end of 2012 (http://translate.google.com/translate?hl=en&ie=UTF8&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2/283562/)

10/01/2012 20:32



Erbil, January 10 (Rn) - The company "Genel Energy" in Turkish, they are expanding the means of production of oil in the Kurdistan region, saying it will produce 100 thousand barrels of oil per day in the field of "Tawke" Bzakhu, by the end of 2012 the current.

http://static.aknews.com/images/cms-image-000058341.jpg

The company was founded, "Genel Energy" in Turkish in 2011, was the former Managing Director of the British company BP, Tony Howard, bought in the same year, and estimated value of the company by more than four billion dollars.

And Ttfael company about its ability to raise the proportion of production in the field "Tawke" in the future, especially after it became clear that the field contains 78% of oil reserves more than he expected, a 509 million barrels.

And oversees the two companies "DNO" and Norwegian "Genel" is a common field "Tawke" oil.

And began KRG to export oil from its territory for the first time in its history in June of 2009, from the fields of "Taq" and "Tawke" rate of about 100 thousand barrels per day, but it stopped the export in October / October of the same year because of differences with Baghdad on the disbursement of dues to companies operating in the oil fields.

The region resumed oil exports since February last, and according to the latest figures issued by the Ministry of Natural Resources in the government of the territory of 200 thousand barrels pumped from fields in the region to Iraqi export pipeline from Kirkuk to the Turkish port of Ceyhan in the Mediterranean.



From: dominated Hadi, see: Ihsan Aervani

Hue Mi
01-13-2012, 02:29 AM
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«Genl» plans to increase production of oil field in Kurdistan (http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://almowatennews.com/news.php%3Faction%3Dview%26id%3D33489)

On: Wed, 01/11/2012 19:40
Citizens _ up
LONDON (Reuters) -


The company "Genel Energy" that it intends to pump larger quantities of oil by the end of 2012 through the expansion of its oil installations in her field region of Iraqi Kurdistan.

The head of the exploration sector in the company of Yellow Torre Olsen in an investor conference yesterday, that the field can pump 100 thousand barrels after the implementation of development due this year.

Genel said yesterday that it and its partners, "de. That. Or "and the Government of the Kurdistan region of Iraq will build a pipeline and digging five wells to gain access to other energy production target.


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