UPDATE: Dana Gas takes Kurdistan to court
Kurdistan's only gas producer has initiated arbitration proceedings against the KRG's Ministry of Natural Resources, alleging years of frustration and hundreds of millions of dollars in unpaid bills.
An engineer at the Khor Mor LPG plant in Iraqi Kurdistan looks toward a flare in 2013. (JACOB RUSSEL/Metrography/Iraq Oil Report)
Updated to include statements issued by Kurdistan's Ministry of Natural Resources on the evening of Oct. 22.
ERBIL - The consortium managing the only producing natural gas field in Iraq's autonomous Kurdistan region is taking the Kurdistan Regional Government (KRG) to court, alleging overdue payments that are likely to total over $2 billion.
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.
If you are not a registered user, you may purchase a subscription.
