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Kurdistan eyes major role in Turkish gas market

The region of Kurdistan holds promising large natural gas reserves

Kurdistan’s rocky emergence as an oil exporter is the dominant story in northern Iraq. But the region’s large natural gas reserves hold promise, too, offering a lucrative business that may bypass some of the central government’s objections to Kurdish oil ambitions. Genel Energy, a Turkish firm already producing oil in Kurdistan, says it plans to bring on stream 4 billion cubic metres a year (cm/y) of gas from its fields in Kurdistan by 2015.The production will go to Turkey’s energy-hungry market, reinforcing the growing commercial ties between Ankara and the Kurdistan Regional Government (KRG). Last year, trade between Kurdistan and Turkey amounted to $8bn, say KRG officials, who predict s

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