Rockets target giant Khor Mor gas field in Iraq, no damage reported
Several rockets landed near the perimeter of the large Khor Mor gas field in the Sulaimaniya region of northern Iraq.
Source: jpost.com
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KRG starts work to expand gas pipeline network
Construction is underway on a new pipeline to bring gas supplies from the Khor Mor field up to Dohuk.
Source: iraqoilreport.com
Iraq's Power Problem (Part 2): Implications of the New Oil-for-Gas Deal with Iran
Baghdad hopes to avoid power cuts, political turmoil, and U.S. sanctions by striking a barter agreement with Tehran, but the deal raises many questions.
Source: washingtoninstitute.org
Dana Gas Results for Q1 | Iraq Business News
Dana Gas has announced its financial results for the first quarter ended 31 March 2023. For the first quarter of 2023, the Company generated a net profit of AED 183 million ($50 million) as compared to AED 198 million ($54 million) in Q1 2022. Profitability for the quarter dropped just 7% compared to a 22%
Source: iraq-businessnews.com
Dana Gas to distribute $172m cash dividends for 2022
Dana Gas, the Middle East's largest private natural gas firm, has won approval from shareholders to distribute a further 4.5 fils per share cash dividend for H2 of 2022. This will bring its total payment for the year to AED630 million ($172 million).
Source: tradearabia.com