Anadolu Agency: Iraqi Natural Gas to Reach Turkey by end of 2017

Genel Energy is due to begin transferring Iraqi natural gas to Turkey by the end of 2017, and its volume thereafter will rise year on year, said Mehmet Sepil, president of Genel Energy.

The Turkish Ministry of Energy and Natural Resources Taner Yildiz signaled the delivery of Iraqi natural gas to Turkey on Thursday at the Bosphorus Energy Club's third meeting in Istanbul, stating that once Iraq starts its gas production, transmission to Turkey will become possible.

"By the end of 2017 or the beginning of 2018, four billion cubic meters of natural gas from Iraqi fields will arrive in Turkey," Sepil said.

"The volume will increase by two billion cubic meters every year, and will eventually reach 10 billion cubic meters," he added.

Genel Energy, an Anglo-Turkish energy company operating in Iraq and Africa, and one of the biggest international energy companies operating in Iraq, had announced in mid-November that it acquired a stake in the Bina Bawi gas field in northern Iraq. MORE