By HASSAN HAFIDH
Dana Gas said that it has rebuilt an LPG loading and dispatch
facility at the Khor Mor field, located in the northern Iraqi
The $15 million project
the facility after an accident caused by a third-party tanker
operator last year as well as upgrading it, the company said
in a statement emailed to Dow Jones Newswires
It also said that it has boosted output to 80,000 bpd of oil
equivalent from the field from 70,000 bpd last year.
Dana Gas and its partners have invested some $1 billion in
Iraq's Kurdistan, where it is producing gas from the Khor Mor
in a joint venture with Crescent Petroleum, OMV and MOL.
Since the start of production in 2008, the company and its
partners have produced some 415 Bcf of gas and 18 MMbbl of
condensate and liquids, it said.
The produced gas is fed to power stations in the
semi-autonomous region of Kurdistan that is currently
producing some 2,000 megawatts, the statement said.
Dow Jones Newswires