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Kurdistan gives Turkish company six oil exploration blocks

Gulan Media June 21, 2013 News
Kurdistan gives Turkish company six oil exploration blocks
Local authorities have given an unnamed Turkish company licenses to explore for oil in Iraqi Kurdistan, according to a report.

The report, co-published by The Oil & Gas Year and the autonomous Kurdistan Regional Government (KRG), is the first official confirmation of the deal. It said a company described only as "a Turkish entity" was given stakes in the Choman, Hindren, Arbat, Pulkhana, Jabal Kand and Khalakan blocks.

Resource-hungry Turkey and neighbouring Iraqi Kurdistan, rich in hydrocarbons, have been negotiating on energy since last year.

A Turkish Energy Ministry official declined to comment on the report published by Istanbul-based The Oil & Gas Year.

Choman and Hindren are contiguous sections on the border with Iran, and Arbat is in the southeast near the city of Sulaymaniyah and has had some seismic work completed.
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