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DANA GAS PROJECT IN IRAQI KURDISTAN OVER 70% COMPLETE.
SHARJAH, March 3 Asia Pulse - Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced that its project in the Kurdistan Region of Iraq to supply, process and transport natural gas to fuel urgently needed local electricity generation is progressing at a rapid pace, with over 70 per cent overall project completion to date.
The project, following service agreements signed in April 2007 with the Kurdistan Regional Government and carried out in partnership with Crescent Petroleum, has completed the engineering, procurement and manufacturing phases, and is now in the construction stage, using Iraqi contractors to maximise local content and economic benefit, the company said Sunday in a press release.
The entire project is on track for first gas supply of 150 million cubic feet of gas per day by middle of this year, rising to 300 million cubic feet by early 2009.
The gas will supply new power plants under construction in Erbil and Sulymaniya, to provide 1,250 MW of electricity generation, for the benefit of over 4 million Iraqi citizens in the Kurdistan Region and the rest of Iraq.
Hamid Jafar, Executive Chairman of Dana Gas and Chairman of the Board of Crescent Petroleum, said the project, ...
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...great significance to Dana Gas, as we build on a healthy...major boost in propelling Dana Gas to the next level and...year," he added. On Dana Gas major project in the Kurdistan...for development of the Kurdistan Gas City - the first of its...
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- News wire article from: AsiaPulse News May 31, 2007 700+ words
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Summary: Dana Gas, the Middle East's first and largest...company's Egypt reserves. AaNile Delta Dana Gas, the Middle East's first and largest...layers these findings are important to Dana Gas's future exploration campaign in Egypt...
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- Newspaper article from: Al Bawaba July 12, 2009 700+ words
Dana Gas, the Middle East's first and largest...12 mmscfd. Commenting on the occasion, Dana Gas Chief Executive Officer, Mr. Ahmed Al...company in 2008 and 2009 as a result of Dana Gas' aggressive drilling campaign in Egypt...
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- Newspaper article from: Gulf News (United Arab Emirates) August 2, 2009 700+ words
Byline: Staff Report Dubai: Dana Gas, the Middle East's first and largest...1 and Sama-1 discoveries will boost Dana Gas's production and profitability, and...to achieve. "I am confident that the Dana Gas team will also maintain our excellent...
