20-year Gas Sales Agreement Signed between Pearl Petroleum and KRG Additional 250 MMscf/day in gas sales to fuel local power plantsGas Sales Agreement • March 6th, 2019
Contract Type FiledMarch 6th, 2019Pearl Petroleum Company Limited (“Pearl Petroleum”), the Consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a new 20-year Gas Sales Agreement (GSA) with the Kurdistan Regional Government to enable production and sales of an additional 250 MMscf/day that the Consortium aims to produce by 2021 as part of their expansion plans in the Kurdistan Region of Iraq (KRI) in order to boost much needed local domestic electricity generation.
20-year Gas Sales Agreement Signed between Pearl Petroleum and KRG Additional 250 MMscf/day in gas sales to fuel local power plantsGas Sales Agreement • March 6th, 2019
Contract Type FiledMarch 6th, 2019Pearl Petroleum Company Limited (“Pearl Petroleum”), the Consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a new 20-year Gas Sales Agreement (GSA) with the Kurdistan Regional Government to enable production and sales of an additional 250 MMscf/day that the Consortium aims to produce by 2021 as part of their expansion plans in the Kurdistan Region of Iraq (KRI) in order to boost much needed local domestic electricity generation.