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Tag: El Wastani

Dana Gas received $10.4 million from sale of Egyptian gas condensate

Posted: March 5, 2018 at 5:56 pm   /   Oil & Gas

Dana Gas received USD 10.4 million last month from the sale of Egyptian natural gas condensate as part of a plan to recover outstanding receivables, the company disclosed to the ADX. Dana Gas sold 157,200 bbl of El Wastani condensate at an average price of USD 66.5 per bbl. “The sale marks the fourth cargo […]

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Dana Gas

Dana Gas PJSC: Egypt opening its gas market will fuel growth

Posted: August 19, 2017 at 9:03 pm   /   Oil & Gas

Foreign investment is expected to climb after the country opens its natural gas market. The decision by Egypt, north Africa’s largest economy, to open its natural gas market will help fuel growth and investment from exploration and production. Egyptian president Abdel Fattah El Sisi signed a new law this week that established a natural gas […]

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Dana Gas Egypt production rose by 13% in H1 2017

Posted: August 16, 2017 at 9:45 pm   /   Oil & Gas

Dana Gas Egypt’s production output was 13% higher on a half-yearly comparable basis, 39,300 versus 34,850 boepd. The Company recorded a 3% jump in quarterly production, 37,650 boepd in Q2 2017 versus 36,550 boepd in Q2 2016. The planned shutdown of the El Wastani Gas Plant was successfully completed in June 2017. There was a […]

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