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Dana Gas collections double in H1

Dana Gas collections double in H1
naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.

UAE s Dana Gas pulls in Dh678m from Kurdistan Region of Iraq and Egypt - best since 2016

“This is one of our best collection periods in the past several years, driven and supported by the strong rebound in oil prices,” said Dr. Patrick Allman-Ward, CEO of Dana Gas. “The respective governments of both the KRI and Egypt are meeting their payment obligations, ensuring the petroleum industry investors are receiving their current monies on time and catching up on overdue payments. “This provides us with the confidence to reinvest in our operations, notably in the KRI where our expansion plans are well underway. We are in the process of constructing our new KM250 gas train which is on track for first gas in Q2-2023.

Kurdistan, Egypt collections more than doubled in H1 to $185mln - UAE s Dana Gas

Kurdistan, Egypt collections more than doubled in H1 to $185mln - UAE s Dana Gas
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