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Kurdistan oil reserve equivalent to Libya of oil reserves
June 29 2011
The representative of the territory to the United Kingdom statement by Sami Abdul Rahman at the opening of the proceedings of the Symposium special economic investment in Kurdistan region, which was held in London, to the importance of such conferences, bringing the number of British businessmen and corporate investors in the territory of more than 70 companies and the largest number among other European companies.
Abdul Rahman said that there were many areas available for investment in the region, notably industry and agriculture, tourism and energy, especially oil reserves located in the territory of more than 45 billion barrels, equivalent to what exists in Libya, for example, massive quantities of natural gas reserves, which currently is used for electricity production, which is supplied in the territory rose 20 hours a day, compared with 6 hours in the rest of Iraq.
Said Sinan Celebi, trade and Industry Minister in the Government of the territory, which was attended by: our trade volume during the past six months, with Turkey and across more than 10 billion dollars, six billion dollars volume of our trade with Iran, as the majority of Iranian goods go to Central and southern Iraq.
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June 29 2011
The representative of the territory to the United Kingdom statement by Sami Abdul Rahman at the opening of the proceedings of the Symposium special economic investment in Kurdistan region, which was held in London, to the importance of such conferences, bringing the number of British businessmen and corporate investors in the territory of more than 70 companies and the largest number among other European companies.
Abdul Rahman said that there were many areas available for investment in the region, notably industry and agriculture, tourism and energy, especially oil reserves located in the territory of more than 45 billion barrels, equivalent to what exists in Libya, for example, massive quantities of natural gas reserves, which currently is used for electricity production, which is supplied in the territory rose 20 hours a day, compared with 6 hours in the rest of Iraq.
Said Sinan Celebi, trade and Industry Minister in the Government of the territory, which was attended by: our trade volume during the past six months, with Turkey and across more than 10 billion dollars, six billion dollars volume of our trade with Iran, as the majority of Iranian goods go to Central and southern Iraq.
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