Turkish firm grabs Kurdish gas assets
ANKARA, Turkey, Aug. 22 (UPI) -- Turkish company Genel Energy announced it signed a deal to take on additional interests in a natural gas exploration block in the Kurdish north of Iraq.
Genel said it agreed to take an additional 26 percent interest in the Miran exploration block from Heritage Energy Middle East Ltd., a subsidiary of Heritage Oil, for $156 million. Genel Energy will provide another $294 million by way of a bilateral loan.
More:Turkish firm grabs Kurdish gas assets - UPI.com