Turkey eyes role in Iraq’s oil and gas shares

Turkey should secure a place for itself in both the northern and southern oil and gas fields of Iraq since its energy future is inextricably linked with its southern neighbor, despite frequent recent friction, sector representatives have said.“If there is energy somewhere,...

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Turkey eyes role in Iraq’s oil and gas shares



Balkans.com Business News Correspondent - 25.01.2013

Turkey should secure a place for itself in both the northern and southern oil and gas fields of Iraq since its energy future is inextricably linked with its southern neighbor, despite frequent recent friction, sector representatives have said.

“If there is energy somewhere, then it has to flow somewhere else. You can’t escape that fate,” said Mehmet Öğütçü, the head of Global Resources Corporation, implying that fuel drilled in Iraq would be transported outside the country regardless of political or economic obstacles, Hurriyet Daily News report.


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