Monday 18, May 2009 by

MOL and OMV team up with Dana Gas and Crescent in Kurdistan region of Iraq

Dana Gas, the Middle East’s first and largest regional private-sector natural gas company, and Crescent Petroleum, the region’s oldest private exploration and production company, say they have entered into strategic partnership agreements with OMV, Austria's largest listed industrial company and a leading Central European integrated oil and gas group, and MOL Hungarian Oil and Gas Company, Hungary’s largest listed company and also a leading Central European integrated oil and gas group, which they claim is set to transform the prospects for Iraq’s gas industry to become a major and secure gas supplier to local, regional and European markets.

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