Sharjah-based energy firms Dana Gas (ADX: DANA) and Crescent Petroleum have officially resumed natural gas supplies to Iraq’s Ministry of Electricity following operational restorations at the Khor Mor field in the Kurdistan Region, mitigating immediate regional power generation deficits.
The Bottom Line
- Supply Restoration: Deliveries to federal and regional power facilities have commenced following a gradual restart at the Khor Mor field in Kurdistan.
- Volume Output: The pipeline network is supplying approximately 100 million cubic feet of gas daily to fuel the Taza power plant.
- Grid Stabilization: According to the Ministry of Electricity, national power supplies are scheduled to return to normal operating baselines within hours of the resumption.
Khor Mor Operations and Regional Grid Recovery
Energy producers Dana Gas and Crescent Petroleum initiated the gradual restart of production at the Khor Mor gas field in the Kurdistan Region after managing operational interruptions that had constrained fuel supplies to key generation facilities.
The 100 million cubic feet of gas delivered daily from the Kurdistan Region directly feeds the Taza power station, providing the necessary feedstock to maintain baseload generation.
Financial Mechanics and Output Metrics
| Metric / Parameter | Operational Data |
|---|---|
| Operating Entities | Dana Gas, Crescent Petroleum |
| Primary Asset | Khor Mor Gas Field (Kurdistan Region) |
| Supplied Volume | 100 Million Cubic Feet per Day (to Taza Station) |
| Destination | Iraqi Ministry of Electricity / Regional Grid |
