Dr Hawrami told the conference that the KRG would continue publishing its contracts for the sake of transparency and said he hoped this would become a model for the region.
Dr Hawrami also spoke about pipelines, gas and the important role of Turkey as an energy transportation route to Europe with the possibility of Kurdistan joining the Nabucco pipeline or using an LNG terminal in Ceyhan in Turkey to export gas to Europe. He said the KRG has a target of 1million barrels a day of oil exports via the Kirkuk-Ceyhan pipeline and to increase Kurdistan's oil refining capacity to 300,000 barrels a day.
The conference also heard from Dr Cimen who spoke about Turkey's position in the energy world. Turkey's Genel Enerji was among the first oil companies to enter Kurdistan and is now merging with Vallares, former BP chief executive Tony Hayward's company.
British MP Nadhim Zahawi delivered a message of congratulations to the conference from Britain's energy minister Charles Hendry.
The conference heard discussions on oil and gas services, finance, pipeline and infrastructure plans, the need to hire local labour, projects to support local communities, and plans to export electricity.
(Source: KRG)
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