Kurdish outlay saved costs, says Dana Gas | The National:
"Dana Gas touted the benefits of its investment in the Kurdish region of Iraq, ahead of the company’s first-quarter results.
Dana Gas and its largest shareholder, Sharjah-based Crescent Petroleum, commissioned the consultant firm PwC to produce the report, which says that the US$1.2 billion of invested by the Pearl Petroleum Consortium to develop the Khor Mor and Chamchamal fields saved the region $16bn in fuel costs in the six years to the end of 2014.
The release of the report comes ahead of Dana Gas’s first-quarter results, due early next month, which are expected to show an improvement in cash flow from the Kurdish operations."
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