Iraqi Kurdistan: Dana Gas, Crescent Petroleum achieve 50pct climb in gas output
(MENAFN) One of the biggest private natural gas firms in in the MENA region is Dana Gas and its associate reported, production from the locations in the Kurdistan region of Iraq soared 50 percent against 2018 levels to get a record of 452 million cubic feet of gas per day (MMscf/d) at the fourth quarter of last year.
The two firms stated on Wednesday, the increase in output is backed by some enhancements at the gas factory in Iraqi Kurdistan, containing a scheme finalized in 2020 in addition to de-bottlenecking programme in early 2018.
Patrick Allman-Ward, chief executive of Dana Gas said, “Our continued investments since 2018, notably the Khor Mor de-bottlenecking and bypass projects, have allowed us to deliver reliable supplies of clean energy to support the KRI economy and its people, with enhanced economic and environmental benefits which will increase as we further grow production.”
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.