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Dana Gas announces an increase in gas production in Kurdistan and reveals the figures

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Dana Gas announces an increase in gas production in Kurdistan and reveals the figures

Post  claud39 on Wed Nov 21, 2018 7:03 am

http://economy-news.net/content.php?id=14438


 Dana Gas announces an increase in gas production in Kurdistan and reveals the figures


21/11/2018









Economy News _ Baghdad

Dana Gas announced on Wednesday that it has achieved an increase in gas production by 30 percent in the Khor Mor field in the Kurdistan region, which is co-operating with Crescent Petroleum on behalf of the Pearl Petroleum consortium. 
"The expansion of the Khor Mor gas treatment plant has been a series of additions and improvements that will remove bottlenecks in production capacity and increase production rates to 400 million standard cubic feet per day," the company said in a statement. The current of 305 million standard cubic feet per day, in addition to more than 15 thousand barrels per day of condensate and a thousand tons per day of LPG.
The company noted that "the total investment in the Kurdistan gas project has so far reached 1.4 billion dollars with a total cumulative production of more than 250 million barrels of oil equivalent, which led to the provision of large amounts of fuel costs and provide economic benefits of more than $ 20 billion To the Kurdistan region and Iraq. " 
"Currently we are investing in further expansion to 900 million cubic feet of gas per day over the next three years, including associated liquids," she said.

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