KRG Gas: Payments Dispute Stymies Progress

A long-running dispute between the KRG and Dana Gas over unpaid receivables continues to prevent development of the region’s key Chemchemal gas field. However, Iraqi Kurdistan will get some respite by end-2015 after Erbil and Genel Energy agreed a sales price for the Miran gas field.

The Chemchemal gas field was awarded to Dana Gas and Crescent Petroleum in 2007. But the project is on hold pending resolution of a dispute over...