The greatest demand we have from local people, and the most direct way we can improve their lives, is to provide employment. By employing and buying locally whenever possible, and requiring that our contractors do the same, we can make an immediate difference to local families.

Genel continues to implement a Local Content Policy (‘LCP’), a Local Workforce Plan, and our ESG Strategy with its focus on enhancing business-critical relationships with communities.

We also support local enterprises, including local vendors and suppliers in their efforts to develop capabilities in line with international oilfield standards and to hire locally as much as possible. In 2020, 28 local companies provided goods and services to our operations, through which 355 locals were indirectly employed. The LCP has also been developed to provide an assurance for contractors to maximise local procurement. For example, in 2020 local contracting companies supported Genel’s operations through a multitude of services such as equipment rentals, food, diesel and water supplies, cleaning services, well site preparation works, logistics and custom clearance services, cementing, and welding services. In total, over $7.3 million was spent with local companies this past year at Taq Taq alone.

Another way Genel creates economic benefits is through the hiring and rental of local vehicles and heavy machinery. Genel and its contractors rented 231 vehicles and pieces of machinery in 2020. Finally, Genel also aims to foster economic growth for local communities through  direct employment. In 2020 a total of 217 Kurdish nationals were employed by either Genel or TTOPCO.

Genel is proud of its social impacts on our host communities and the multitude of ways in which we deliver these. As work at Qara Dagh continues to expand, we are excited to partner with the local community to champion employment opportunities and to demonstrate how natural resources, utilised in the right way, can have a huge benefit to the quality of life in host countries.