Within the past couple of weeks, UAE-based firms Dana Gas and Crescent Petroleum announced the beginning of gas sales from the Khor Mor gas expansion project in the semi-autonomous Kurdistan Region of Iraq (KRI) in the country’s north. The two companies are the largest shareholders in the Pearl Petroleum consortium with a 35% stake each, with the remainder consisting of 10% each for Austria’s OMV, Hungary’s MOL, and Germany’s RWE. In addition to the Kho Mor, the consortium operates the Chemchemal gas field ...