Dana Gas and Crescent Petroleum signed long-term gas supply agreements aimed at supporting industrial growth in the Kurdistan Region of Iraq. The agreements focus on providing natural gas to major manufacturing facilities over the coming decade.
The companies confirmed that gas will come from the Chamchamal field, one of the region’s key energy assets. Under the deals, producers will deliver up to 142 million cubic feet of gas per day. Cement plants and iron factories will receive the supply to support continuous production.
Officials involved in the agreements said the contracts will run for ten years. They noted that stable gas access will help factories reduce costs and improve operational reliability. Industrial users have faced repeated disruptions due to fuel shortages in recent years.
The signing followed months of negotiations between energy firms and industrial stakeholders. Both sides emphasized the importance of long-term planning for economic stability. Energy executives said predictable demand will also encourage further upstream investment.
Kurdistan Region authorities welcomed the agreements as part of a broader strategy to strengthen domestic industry. Officials linked reliable energy supply with job creation and private-sector growth. They also pointed to the role of natural gas in reducing reliance on imported fuels.
Dana Gas and Crescent Petroleum already operate major fields in the region. The companies said the new contracts reflect confidence in the Kurdistan Region’s industrial potential. They added that cooperation between energy producers and manufacturers will remain essential for sustained growth.
The agreements come amid wider efforts to reform the regional energy sector. Authorities continue to promote gas utilization as a driver of economic diversification and long-term development.