Middle East Economic Survey

VOL. LIII

No 44

1-Nov-2010

TURKEY

Turkey To Invest $3.2Bn In Iraqi Gas Contracts

Turkey will invest some $3.2bn to develop two Iraqi gasfields in which Turkish Petroleum (TPAO) is a partner, Taner Yildiz, Turkeys Minister of Energy said on 21 October. TPAO and partners were awarded the contracts for the Mansouriya and Siba gasfields by Iraqs Ministry of Oil during a bidding round on 20 October (MEES, 25 October). Mr Yildiz said TPAO would extract 100 bcm of...