Q&A: Crescent Petroleum CEO Majid Jafar
A key leader in the development of the Khor Mor gas field, Majid Jafar discusses the project that has fueled Kurdistan's economic boom and become Exhibit A in the argument for reforming Iraqi gas policy.
Majid Jafar is the CEO of Crescent Petroleum and a board member of Dana Gas. The companies are jointly developing gas resources in Iraq's semi-autonomous Kurdistan region. (Photo courtesy of Crescent/Dana Gas)
DUBAI - International energy companies have flocked to Iraq's semi-autonomous Kurdistan region for its booming oil sector, yet it's a different hydrocarbon - gas - that has played the most important role in Kurdistan's economic and social development.
The region's major cities of Erbil, Suleimaniyah and Dohuk enjoy almost continuous electricity service, most of which is fueled by gas from the Khor Mor field. The project is operated by the UAE's Crescent Petroleum and its affiliate Dana Gas; those companies, along with Austrian firm OMV and Hungary's MOL, constitute the Pearl Petroleum consortium, which holds the license for the field.
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