In Kurdistan, previous government in Baghdad had specifically deprived the
Region from indigenous power generation and development. Generators became the
only option for many in Kurdistan. Through sustained development, the energy
picture has changed dramatically.
Today, domestic and international private sectors have partnered with our
government to build-operate and own (BOO) power plants in Kurdistan. Such
development, including the utilization of our Regions natural gas is addressing
the electricity needs of our people, and our developing economy.
The most significant work on the electricity front is being undertaken by
UAE-based players DANA gas and Crescent Petroleum. The Khor Mor gas field now
has an early processing facility and two 4.25 million cubic meters capacity LPG
The Kurdistan Region sits on vast oil resources, estimated at 43.7 billion
barrels of proven oil and 25.5 billion barrels of potential reserves. The region
is capable of exporting over 100,000 barrels of oil per day. Investment
opportunities are vast, including: oil and gas drilling and production
equipment; turbines, compressors and pumps for pipeline applications;
measurement and process control equipment for pipeline applications; industrial
automation, control and monitoring systems for refineries, gas processing and
petrochemical plants; seismic processing and interpretation; petroleum software
development; sulfur removal and disposal technologies; well stimulation; and
field abandonment services.