SHARJAH, United Arab Emirates, Dec. 8 (UPI) -- Emirati energy company Dana Gas said the Kurdish government of Iraq owes it and its partners more than $11 billion for interfering with oil-field operations.
Dana last month reached an "amicable and mutually beneficial" deal with German energy company RWE after claims of a breach of confidentiality. As part of the settlement, RWE's subsidiary in the Middle East joins the consortium, Pearl Petroleum, as a partner with a 10 percent stake in Kurdish developments.