Iraq/Kurdistan: Iraq's Kurdistan Poised for Bumper Gas Growth
Sep 4, 2017
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Dmitry Zhdannikov, Reuters
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Iraq’s Kurdistan is poised for a major increase in gas output following the settlement of a court case with developers who are now looking to unlock the full potential of the region’s large resources, investor Dana Gas told Reuters. The semi-autonomous region settled a case with the Pearl Consortium last week by paying $1 billion to its members - Dana, Dana’s biggest shareholder Crescent Petroleum, Austria’s OMV, Hungary’s MOL and Germany’s RWE.