(WO) – Dana Gasoline and Crescent Petroleum, along with companions within the Pearl Petroleum consortium, have signed a collection of long-term fuel gross sales agreements to provide industrial prospects within the Kurdistan Area of Iraq, marking a key step towards industrial growth of the Chemchemal fuel subject.
Picture: Pearl Petroleum
Below the agreements, as much as 142 MMscf/d of pure fuel can be delivered to cement and metal producers within the Bazian industrial space and Erbil governorate for a 10-year interval. Gasoline deliveries are scheduled to start within the second half of 2027, in step with the anticipated start-up of manufacturing from the Chemchemal subject.
The sphere, situated within the Kurdistan Area of Iraq, is at present below appraisal and early growth. Pearl Petroleum is advancing the undertaking via a $160-million program that features drilling three wells, putting in an prolonged properly check facility, and setting up related infrastructure to assist future full-field growth. New privately funded pipelines can be constructed to attach the sphere to industrial shoppers, together with a devoted 40-km pipeline to the Bazian space.
The fuel gross sales agreements had been signed with a number of cement producers in Sulaymaniyah province, in addition to a metal producer in Erbil. The offtake preparations present an outlined industrial outlet for Chemchemal fuel and assist continued funding in appraisal and growth actions.
Based on the companions, the undertaking is meant to provide lower-emission pure fuel to industrial customers at present reliant on heavy gas oil, whereas strengthening the area’s home fuel provide chain. Chemchemal represents the subsequent section of progress for Pearl Petroleum following the completion of the Khor Mor 250 enlargement undertaking in October 2025, which elevated whole fuel processing capability within the area to 750 MMscf/d.
With appraisal and early manufacturing work underway, the Chemchemal subject is positioned as a possible new supply of commercial fuel provide in northern Iraq, topic to profitable execution of the event program and infrastructure buildout.