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Dana Gas-Crescent Petroleum combine to resume $600m expansion in Kurdistan Region of Iraq - Vimarsana News

Dana Gas-Crescent Petroleum combine to resume $600m expansion in Kurdistan Region of Iraq

Current production at the field is 440 million cubic feet per day of natural gas as well as 15,700 barrels per day of condensate and 1,020 tonnes of liquified petroleum gas (LPG), or a total of 110,400 barrels of oil equivalent (boe) per day. This makes it the largest overall producer in Kurdistan Region of Iraq - and the largest private sector upstream gas operation in Iraq. Under a gas sales agreement signed in March 2019 with the Ministry of Natural Resources, Pearl Petroleum will sell the additional quantities of gas to supply the power stations. Over 80 per cent of the region’s curreny...

Dana Gas and Crescent Petroleum resume Khor Mor expansion project - Vimarsana News

Dana Gas and Crescent Petroleum resume Khor Mor expansion project

Dana Gas and Crescent Petroleum resume Khor Mor expansion project SHARJAH, 4 hours, 45 minutes ago Dana Gas and its partner Crescent Petroleum have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium.    The KM250 expansion involves further investment of $600 million to add 250 million cubic feet per day of much-needed additional gas production to supply the local power stations.    The project construction work had been put on hold due to t...

Dana Gas KRI collections at $53m - Vimarsana News

Dana Gas KRI collections at $53m

Dana Gas KRI collections at $53m SHARJAH, 3 hours, 32 minutes ago Dana Gas, the Middle East’s largest regional private sector natural gas company, announces that year-to-date Pearl Petroleum has received $151 million from the sale of gas, condensate and LPG, in the Kurdistan Region of Iraq (KRI).  All invoices from the KRG continue to be settled in full and in a timely manner.   Dana Gas is a 35% shareholder in Pearl Petroleum and accordingly its share of KRI collections year-to-date is $53 million (AED 194 million).  Of Pearl Petroleum’s total collections this year, $24.6 million ...

Emirates News Agency - Dana Gas KRI collections at $53 million year-to-date - Vimarsana News

Emirates News Agency - Dana Gas KRI collections at $53 million year-to-date

Dana Gas KRI collections at $53 million year-to-date SHARJAH, 20th April, 2021 (WAM) -- Dana Gas has announced that year-to-date Pearl Petroleum Company Limited has received $151 million (AED553 million) from the sale of gas, condensate and LPG, in the Kurdistan Region of Iraq (KRI). All invoices from the KRG continue to be settled in full and in a timely manner. Dana Gas is a 35 percent shareholder in Pearl Petroleum and accordingly its share of KRI collections year-to-date is $53 million (AED 194 million), the company said in a statement on Tuesday. Of Pearl Petroleum’s total collections ...

Source: wam.ae
Dana Gas KRI collections stand at $53 million year-to-date - Vimarsana News

Dana Gas KRI collections stand at $53 million year-to-date

Dana Gas KRI collections stand at $53 million year-to-date 6 hours ago Picture used for illustrative purpose. Dana Gas has announced that year-to-date Pearl Petroleum Company Limited has received $151 million (Dhs553 million) from the sale of gas, condensate and LPG, in the Kurdistan Region of Iraq (KRI). All invoices from the KRG continue to be settled in full and in a timely manner. Dana Gas is a 35 per cent shareholder in Pearl Petroleum and accordingly its share of KRI collections year-to-date is $53 million (Dhs 194 million), the company said in a stateme...