5th Kurdistan-Iraq Oil & Gas Conference London, 2nd December 2015
1. A world-class resource 11.4 tcf of gross mean raw gas, 8.4 tcf of gross mean sales gas + c.80mmbbls liquids 2. Onshore location and scale deliver industry leading cost structure Combined upstream and midstream capex and opex…
Gas supply by source Origin of gas imports 56% 99% Russia Iran Azerbaijan Algeria 1% 19% 3% Nigeria 9% 13% Natural gas imports Natural gas production Excludes spot LNG imports Gas supply by contract nature End-user…
bcma 90 80 3.0% 70 60 KRG GAS 2005-2014 gas demand growth CAGR = 6.8% NIGERIA 50 ALGERIA AZERBAIJAN-II 40 AZERBAIJAN-I 30 IRAN RUSSIA 20 OTHERS 10 Denotes assumed extension of contract 0 after expiry 2006 2007…
Upstream MidstreamCo Miran and Bina Bawi, 100% operated and owned by Genel (1) Responsible for the gas treatment facilities Delivery of raw gas at 1,200 mmscfd to KRG on take-or-pay basis Receives a tolling fee from the KRG on a…
Upstream gas capex: 1 billion to be incurred before first Source: KRI 2014 The Oil gas, 2.9 billion life of field & Gas Year, Company estimates. Midstream capex: c.2.5 billion for two separate facilities Note: Field level upstream…
Full form agreements PSC Amendment Agreements and Gas Supply Agreement Midstream Agreement EPC FEED EPC tender and award Midstream financing Equity partner(s) Midstream debt financing Final Investment Decision Targeting…
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