Money and business

500 million barrels of “Dana Gas” production and “Crescent Oil”

“Dana Gas” and “Crescent Oil” with their partners in the “Pearl Petroleum Coalition” revealed that the cumulative production of their project in the “Khor Moore” field has exceeded the threshold of 500 million barrels of equivalent oil, which reflects the level of great development and growth in this main field in the Kurdistan region of Iraq since 2008.

The supplies produced by the “Khor Moore” station feed more than 75% of the power generation operations in the Kurdistan region of Iraq, benefiting more than six million Iraqis in the region and other provinces in Iraq, and with a total of investments that have reached 3.5 billion dollars so far, which resulted in the provision of more than 20 thousand jobs directly and indirectly in the region.

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