Page 6 - Patrick Allman News Today

SHARJAH, 12th January, 2022 (WAM) -- Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner, Crescent Petroleum, the oldest private oil and gas company in the Middle East, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million standard cubic feet of per day (MMscf/d) at the end of 2021. The production milestone is the culmination of numerous process improvements at the Khor Mor gas p...

Dana Gas, a leading natural gas company in the Middle East, and its partner, Crescent Petroleum, have reported record gas production from its operations in the Kurdistan Region of Iraq (KRI), which surged to 452 million cu ft of gas per day by 2021-end.

It marked a 107 per cent year-on-year rise over the $182m it received in 2020.

Dana Gas, the Middle Easts largest regional private sector natural gas company, said that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED667 million) in 2020.

Dana Gas, the Middle Easts largest regional private sector natural gas company, said that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED667 million) in 2020.

The total collections from Egypt in 2021 include a $48 million payment made by the Egyptian government in December

SHARJAH, 6th January, 2022 (WAM) -- Dana Gas has announced that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED 667 million) in 2020, enhanced by a strong rebound in oil prices, an accelerated pace of payments from Egypt and the settlement of past outstanding KRI receivables. Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share of collections from sales of condensate, LPG and gas in the KRI rise...

Kurdistan Region of Iraq cleared 2019 dues as well while Egypt paid $48m in December

Dana Gas Egypt collections reach $39 million in December 2021

Dana Gas has invested over $2bn since first entering Egypt in 2007.