Dana Gas, Crescent sign 20-year gas sales deal with Iraq's KRG | ZAWYA MENA Edition:
A consortium led by the United Arab Emirates' Crescent Petroleum and Dana Gas has signed a 20-year gas sales deal with Iraq's Kurdish region that will boost the project's gas output by 63 percent in two years, the companies said on Wednesday.
The agreement by the Pearl Petroleum consortium will "enable production and sales of an additional 250 million standard cubic feet (mmscf) per day by 2021", a statement said.
Plans are underway to increase gas production from the Khor Mor field to 650 mmscf per day by 2021 and 900 mmscf per day by 2022, the companies said.
No comments:
Post a Comment