Kurdistan Plans To Scrap Natural Gas Contracts ...Middle East

OILPRICE - Economy
Kurdistan Plans To Scrap Natural Gas Contracts
source : OILPRICE ( Middle East ) () 16
The Kurdistan Regional Government has notified Genel Energy of its intention to terminate the production sharing contracts for two natural gas projects, the London-listed oil and gas firm said on Friday. Genel has received notice from the Ministry of Natural Resources of the Kurdistan Regional Government of its intention to terminate the Bina Bawi and Miran PSCs, the company said in a statement. “Genel believes that the KRG has no grounds for issuing its notices of intention to terminate,” said the firm, which has had to wait for months…

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