United Arab Emirates’ Dana Gas has suspended operations at all main production facilities in the Khor Mor gas field due to credible security threats amid an increasingly volatile regional situation.

Axar.az reports, citing Crude Oil Prices Today, that the decision to close the facility was made in coordination with the Kurdistan Regional Government (KRG), Sulaymaniyah authorities, and the Iraqi federal government in a bid to safeguard personnel and infrastructure. The Khor Mor facility has previously faced repeated security challenges, including rocket and drone strikes from armed groups, resulting in production halts and widespread blackouts.

Located in the Kurdistan Region of Iraq, the Khor Mor field is a critical energy asset for the region, supplying more than 80% of the Kurdistan Region's electricity generation needs. The sudden cessation of gas deliveries to power stations is anticipated to reduce the region's electricity generation capacity by up to 3,000 megawatts; consequently, power availability in the area will be heavily restricted to just a few hours a day.

The UAE-based operator has, however, reassured its customers and stakeholders that the plant remains in a state of operational readiness to be quickly brought back online once conditions improve.