Taqa to invest $1.2bn in Kurdistan’s Atrush block
![Taqa to invest $1.2bn in Kurdistan’s Atrush block](https://gulanmedia.com/public/old_images/articles/2010.jpg )
Reuters has reported, that Taqa won the approval from the Kurdistan Regional Government (KRG) to develop the block in late 2013.
It expects to invest more than $300m in the first phase of the project, with first oil from the 30,000 barrel per day (bpd) first phase expected in early 2015.
Hawar Abdulrazaq