Dana Gas Goes To Court As Relations With The KRG Sour
UAE-based Dana Gas has launched arbitration proceedings against the Kurdistan Regional Government (KRG), as a simmering dispute between the two sides comes to a head. The KRG has hit back, accusing Dana Gas and Crescent Petroleum, its biggest shareholder, of breach of contract on several levels.
Some see the escalation as an effort by the KRG to squeeze out smaller players and bring in the big...