Iraqi Kurdistan’s gas market is to gain a new entrant next year with the startup of the 5.7tcf Chemchemal field. The field is being developed by Dana Gas and Crescent Petroleum on behalf of the Pearl Petroleum consortium. These partners also operate the 750mn cfd Khor Mor gas field, which is the key supplier of gas feedstock to power plants across Kurdistan.
The Pearl consortium this week signed offtake agreements with local cement and steel plants for 142mn cfd of gas from Chemchemal. (CONTINUED - 950 WORDS)
