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KRG Corrects Misleading Statements by Dana Gas

Dana gas logo

The KRG wishes to correct inaccurate and misleading statements made by Dana Gas PJSC (“Dana”) in a further press release dated 8 December 2015 in connection with the ongoing arbitration in the London Court of International Arbitration.  The arbitration is subject to duties of confidentiality under applicable law and arbitration …

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KRG: Dana Gas Has Aggressive Stance

Oil and Gas Dana Gas in Kurdistan

The Kurdistan Regional Government (KRG) refers to a decision of the English Commercial Court of 20 November 2015.  The Court’s decision does not relate to the substantive merits of the claims and counterclaims in the on-going arbitration between the KRG and Dana Gas PJSC, Crescent Petroleum Company International Limited and …

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Kurdish Oil Player Buoyed by Payments

The oil rig site of Gulf Keystone in Sheikhan which has proven to be one of the largest oil fields in Iraq.

British oil company Gulf Keystone Petroleum said it was reassured about operations in the Kurdistan Region after receiving payments from the Kurdish government. The company said it received a $15 million payment from the semiautonomous Kurdistan Regional Government for exports of crude oil from the region’s Shaikan field. “This October …

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KRG: 18,614,798 Barrels of Crude Oil Exported in September

natural resources ministry krg

The Kurdistan Regional Government (KRG) exported 18,614,798 barrels of crude oil (an average of 600,463 barrels per day (bpd) in the month of September through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG contributed 13,898,548 barrels (448,340 bpd on …

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