Iraq’s Kurdistan poised for bumper gas growth
Majid Jafar, managing director of the board of UAE-based Dana Gas, told Reuters the consortium would more than double its output levels from the fields as part of the settlement.
Majid Jafar, managing director of the board of UAE-based Dana Gas, told Reuters the consortium would more than double its output levels from the fields as part of the settlement.
Settlement Agreement between Kurdistan Regional Government of Iraq (the “KRG”) and (i) Dana Gas PJSC; (ii) Crescent Petroleum Company International Limited; and (iii) Pearl Petroleum Company Limited (“Pearl”); together (the “Consortium”) The KRG and the Consortium, together (the “Parties”), signed a Heads of Agreement on Khor Mor and Chemchemal fields on 4 April 2007 (the [...]