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Oil & Gas

Dana Gas sees improved payments from Egypt

Posted: June 30, 2016 at 5:45 pm   /   by   /   comments (0)

DanaCompany also seeing regular payments from KRG.
Dana Gas said it has seen improvement recently in the payment of outstanding amounts for its projects in Egypt.

During a meeting of the Sharjah-based gas company’s board of directors on Wednesday, the board also expressed its contentment with the resumption of regular payments by the Kurdistan Regional Government for products sold and delivered in Kurdistan.

Additionally, the board reviewed the progress of the Zora project in the UAE and operations in Egypt and Kurdistan Region of Iraq.

(Source: Gulf News)

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