Turkey-Kurdistan Pipeline Is Set for Midyear Completion
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Genel Energy Plc Chief Executive Officer Tony Hayward, the former head of BP Plc, expects a pipeline transporting oil from Iraqi Kurdistan to the Turkish border to be completed by about the middle of the year.
“The conversion of an existing gas line to an oil line can get nine-tenths to the Turkey border” and the rest of the capacity will be newly built, he said yesterday in an interview. “They’ll have that infrastructure by the middle of the year.”