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https://rudaw.net – Pearl Petroleum to invest $10.2 billion project in Kurdistan Region

File photo (Zbynek Burival/Unsplash)

Pearl Petroleum has announced a $10.2 billion investment plan spanning from 2026 to 2035 “with aims of more than doubling its natural gas production in the Kurdistan”, Rudaw reports. The consortium, led by Dana Gas and Crescent Petroleum, is described as the largest private investor in Iraq’s gas sector. Pearl Petroleum’s proposal reinforces the role of sustained foreign capital in Kurdistan’s investment and political landscape.