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    Kurdish Region to Start Supplying Gas to Turkey by 2016

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Summary

Kurdish region will begin supplying natural gas to Turkey by 2016, Minister of Natural Resources of the Kurdish Regional Government Ashti Hawrami said.

by: Shardul

Posted in:

Asia/Oceania

Kurdish Region to Start Supplying Gas to Turkey by 2016

Kurdish region will begin supplying natural gas to Turkey by 2016, Minister of Natural Resources of the Kurdish Regional Government Ashti Hawrami said, Hürriyet newspaper reported on Thursday.

The report said that the price of Kurdish gas will be almost 50% of the price of the Russian gas that is supplied to Turkey.

At the first stage the Kurdish autonomy is going to export 10 billion cubic meters of gas to Turkey.

Natural gas demand in Turkey is expected to reach 70 billion cubic meters by 2020. Under this situation the Turkish government is attempting to diversify the source of gas.