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Dana Gas" and "Crescent" investing a billion dollars in Kurdistan

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Dana Gas" and "Crescent" investing a billion dollars in Kurdistan
April 19, 2013 12:14 PM Last Updated: 19 Apr 2013 12:14

Dana Gas (DANA)
DANA 0.48 -0.01 -2.04%

Announced "Dana Gas" and its partner Crescent Petroleum for the care and hosting Iraq to trade delegation AED consists of 100 participants from important figures who participated in the exhibition and conference trade UAE and Iraq, which held its activities in Erbil during the period from the fifth century until the seventeenth of April / April under the auspices of the Ministry of Economy UAE and the Kurdistan region of Iraq, in partnership with the Foreign Investment Office, Dubai, and Dubai Export Development Corporation and the Department of Economic Development - Abu Dhabi and the support of the Chamber of Commerce and Industry (DCCI) and the Chamber of Commerce and Industry, Sharjah, and with the participation of Emirates Airline official carrier of the effectiveness and organization of the company "Stream Line SMG." The exhibition and conference Trade UAE and Iraq the first event of its kind and includes a conference held at the Center Saad conference in Arbil. said Rashid Al Jarwan Executive Director and Acting CEO of Dana Gas: We are pleased to be sponsors and participants in this visit trade mission, in partnership with the UAE Ministry of Economy and other institutions. According to Gulf and active Crescent Petroleum and Haritkha DANA strongly in the Kurdistan region of Iraq with investments of more than billion dollars in gas projects major contracts have been signed with the Kurdistan Regional Government to the fields of the Khor Mor and the ridge, and managed companies in the production of 80 thousand barrels of oil Alcavi daily and provide fuel for electricity generation low price.

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