Natural Gas Europe cites a speech made by Chairman of Genel Energy Tony Hayward at the seventh annual Atlantic Council Energy & Economic Summit:
In a speech he made during the Atlantic Council Energy & Economic Summit in Istanbul, Mr. Hayward said that the new joint venture with the Kurdistan Regional Government (KRG) will become operational by the end of 2016. He also said that 10BCM of gas will be exported from Genel’s Miran and Bina Bawi sites. The venture will be based on a build, operate, and transfer contract.
Mr. Hayward has previously signalled that there may be a possibility that gas could come from Kurdistan to Europe.