Pearl Petroleum Company has signed a $250 million financing agreement with the U.S. International Development Finance Corporation (“DFC”) to support the gas expansion works at Kurdistan’s Khor Mor gas plant
Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).
Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO.
Dana Gas and its partner Crescent Petroleum have announced a 30% increase of the production capacity of the Khor Mor field in Iraqi Kurdistan.
Pearl Petroleum has signed a 10-year gas sales agreement with the Kurdistan Regional Government.
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