PM:06:50:17/01/2022
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SULAIMANI — Dana Gas Company responded
on Monday (January 17) to accusations the company is responsible for a gas
shortage in the Kurdistan Region, stating they have provided fuel to the Region
for over a decade.
The head of the New Generation Movement
(NGM) bloc in the Iraqi Parliament, Srwa Abdulwahid, demanded on Sunday the
cancellation of Dana Gas’s contract with the Kurdistan Regional Government KRG),
blaming the company for the Region’s shortage of gas.
The company said Dana Gas and Crescent
Petroleum Co. have together for the past 14 years provided gas to the Kurdistan
Region’s electricity stations, which produce 80 percent of the Region’s
electricity.
Dana Gas also said 16,000 barrels of
condensate oil and 1,000 tons of gas are produced daily and Crescent Petroleum
Co. intends to increase production by 55 percent in 2023.
"Our investments have resulted in
savings in fuel costs of $20 billion,” Dana Gas said.
Abdulwahid said on Sunday Dana Gas has
increased its production but added residents of the Kurdistan Region were still
suffering from a gas shortage crisis.
(NRT Digital Media)