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TAQA suspends its activity at Atrush Block in Kurdistan

: Tuesday, August 12 - 2014 @ 09:00

Abu Dhabi National Energy Co (TAQA), stated that it has suspended its activity at Atrush Block in Kurdistan due to the instability in the region, “As a result of recent developments and escalating instability around the Kurdistan Region of Iraq, TAQA has suspended operations at the Atrush Block and, as a precautionary measure, significantly reduced staffing levels,” the statement said. The Taqa-operated Atrush Block is expected to initially produce approximately 30,000 barrels of oil per day (bpd) with first oil expected by early 2015, Asharq Al-Awsata reported. The company said it remained committed to oil and gas exploration of the field and still expected production to start by 2015.

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Tuesday, August 12- 2014 @ 9:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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