E&P activity in Kurdistan

region/Iraq and energy policy

Shwan Zulal
Head of Consulting
www.carduchi.com
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Highlight the importance of geopolitics in the new emerging oil and gas
frontiers.
Discuss various trends and oil and gas reserves and production figures
from Iraq and Kurdistan Region.
An overview of the oil and gas discoverers and production challenges
Political dispute between the Erbil and Baghdad and how oil affecting the
political dynamics of the region
Potential effects of key political and geopolitical drivers shaping short-
and medium-term export prospects
Kurdistan Region/Iraq emergence as an
energy player
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Iraq ethnic diversity
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Possible supplier of gas to Turkey
and the EU
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Evacuation routes
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Kurdistan Region Gas development
200 tcf of recoverable natural Gas
Once domestic demands met, gas will find its way to the Markets.
Central gas processing facilities are being developed at the Miran gas
field.
By 2016, 6 bcmof gas is expected to be flow to Turkey.
Domestic gas pipeline network development underway.
176-kilometre pipeline takes gas from the Khor Mor field to power
generation plants in Erbil and Sulaimaniyah and to Khurmala.
The pipeline passes close to other gas fields and will have spare
capacity to transport additional volumes of gas in the future.
The gas pipeline will be extended from Khurmala to Fish Khabur, on
the border with Turkey.
A 30-kilometre interconnector pipeline from Summail field to Duhok
power plant is also under construction, so that the plant, which is
currently running on diesel/light fuel, will run on gas by November
2013.
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Iraqs Gas
In 2013, Iraqs gas
production reached 2.2
Bcf/day.
1.9 Bcf/day was associated
gas produced from the
southern fields.
400MMcf/day is captured
from the south and
300MMcf/day is captured
from the north (Not
Kurdistan)
1.2 Bcf/day is flared
Kurdistan region has
produced 340MMscf from
Khor Mor field.
By 2020 associated gas is
set to reach 7 BCF per day
17/06/2013 kurdistanconnect.co.uk 8
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Iraqs position on the gas map, the country can potentially
provide a cost effective gas IEA
Gas Supply based on oil
production scenarios in Iraq
17/06/2013 kurdistanconnect.co.uk 10
Source: Geo Gas Iraq. National Energy Strategy
Iraqs oil production growth
kurdistanconnect.co.uk 11
New strategic vision for the country set to create 10m jobs
and spend $600bn on investment as well as bringing in a
revenue of $6tn by 2035 IEA chart
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Investments needed annually IEA
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13
Oil may help reduce shortfall by 2015! But gas fired
generation will need replace it otherwise cost will be
immense IEA
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kurdistanconnect.co.uk 15
Companies operating in Iraq, who
are the winner?
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Stake Holder planning
Political Risk Management
Monitoring Service
Weekly Energy report
Bespoke service
Due Diligence
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Thank you
Contact:
Kurdistan Region/Iraq: +964
(0)7708620986
London +44 (0)2082400824
Mobile +44 (0)7882933905
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