Gas Supply Agreements Signed for Iraqi Field

Long-term gas sales agreements have been signed to supply natural gas from the Chemchemal field to major industrial consumers in the Kurdistan Region of Iraq. The agreements were announced by Dana Gas PJSC and Crescent Petroleum, together with their partners in the Pearl Petroleum Consortium. They provide for the supply of up to 142 million standard cubic feet per day (MMscf/d) of gas to cement and steel producers for a period of 10 years, starting in the second half of 2027, when production from the Chemchemal field is scheduled to begin. The gas will be delivered to industrial users in Erbil and Bazian through new private-sector pipelines, including a dedicated 40-kilometre pipeline linking the Chemchemal field directly to the Bazian industrial area.

The gas sales agreements were signed with the following industrial customers:

Mass Cement
Bazian Cement
Delta Cement
Gasin Cement
Sulaimani Cement
Van Steel Company

The cement producers are located in the Bazian industrial area of Sulaymaniyah province, while Van Steel Company operates in Erbil governorate. Earlier in 2025, the Pearl Petroleum partners began appraisal activities of the Chemchemal Cretaceous reservoir. The consortium has committed US$160 million to drill three wells, install an extended well test facility, and build associated infrastructure to support a future full-field development phase. The Chemchemal project follows the completion of the Khor Mor 250 gas expansion project in October 2025, which added 250 MMscf/d of processing capacity and increased total capacity to 750 MMscf/d. The Khor Mor gas plant supplies more than 80% of the Kurdistan Region's electricity generation and has attracted cumulative investment exceeding US$3.5 billion.