Dana Gas has been operating in the Kurdistan region ever since the Kurdistan Regional Government started producing its own oil and gas in 2007. Dana Gas is a United Arab Emirates-based company and operates mostly in Chamchamal and Khor Mor oil fields in the Sulaimani province.
The Emirati energy giant has been supplying the region's electricity sector and today they stated that despite the global outbreak of the coronavirus they will not cut down on their production saying they have a "moral responsibility' to keep.
According to Shakir Shakir, head of Dana Gas' Irag and Kurdistan region branch, they have the moral responsibility to continue production in order to keep gas reaching the local power stations so that they too can continuously provide electricity to the people.
He added that they send 400 million cubic feet of gas to three power stations in Sulaimani and Erbil on a daily basis. The region has long since grappled with power outages with businesses and communities becoming increasingly dependent on private generators. The region has been seeking ways to boost its energy production from untapped natural gas reserves.
In lieu of this Dana Gas has initiated an extensive and long-term plan to increase gas production in the region. To-date the company already contributes 2,000 megawatts of electricity to the local power grid and with their recent collaboration with Crescent Petroleum, has struck a deal with the KRG to increase gas extraction at both Chamchamal and Khor Mor oil fields by 63 percent by the year 2023.
The projection estimates daily production of one billion cubic feet of gas by 2023. This is seen to empower the region's economy all the more.