Aswat Aliraq reported that Oil and Gas conference started deliberations with the participation of a number of oil companies working in Kurdistan. The conference is organized by the Kurdish government.

Mr Barham Saleh premier of Kurdistan announced that 45 oil contracts were signed with foreign companies and the region is exporting about 150.000 barrel per day which is expected to reach to 175.000 barrel per day next year.

On the problems with Baghdad there are differences in opinions but there is similarity on exporting produced oil through the central Iraqi pipeline. He disclosed that the oil and gas law should be adopted before the end of this year.

Mr Ashti Horami natural minerals minister of Kurdish said that the reserves in Kurdistan could reach to 45 billion barrels with great quantities of natural gas.

(Sourced from Aswat Aliraq)