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Sharjah-based Dana Gas receives $48mln from Egypt in June

SHARJAH – Dana Gas has announced that it received payments of $48 million (AED177 million) from its operations in Egypt in June. These collections comprise $38 million in payments from the government (of which $30 million as Dana Gas’ share of the …Read more

Dana Gas receives 48m from Egypt in June

Sharjah-based Dana Gas a leading natural gas company in the Middle East has received payments of 48 million Dh177 million from its operations in Egypt in June These collections comprise 38million in payments from the government of which 30 million
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Dana Gas says 25 of Egyptian arrears now paid after it receives amount in local currency from government

Sharjah-based to receive the second instalment in June bringing the total amount from the IMF to 4bn While oil and gas companies have been able to pay for in-country activities in Egyptian pounds other areas have suffered Dana Gas said in an
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Egypt and Kurdistan owe more to Dana Gas company says

Sharjah Sharjah-based energy company get their back payments The gas produced by Dana Gas in Egypt and Kurdistan is sold locally He said they have proposed to the Egyptian government that Dana Gas is willing to receive Sixty-five per cent of
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Why Everyones Talking About Dana Gass Sukuk

Sharjah-based Dana Gas PJSC said Tuesday matter and a statement seen by Bloomberg Due to the evolution and continual development of Islamic financial instruments and their interpretation the company has recently received legal advice that the
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UPDATE 1-Dana Gas shareholder optimistic on 920 mln Islamic bond

DUBAI Sept 18 Reuters – Crescent Petroleum a key shareholder in Dana Gas is optimistic that the Sharjah-based natural gas 1985 million in Egypt as at June 30 2012 according to its half-year results They received 431 million dirhams from
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Dana Gas bid to void debt stuns analysts who question motive

DUBAI Bloomberg — A decision by a Middle Eastern gas producer to declare its own Shariah-compliant bonds unlawful has baffled investors in the 2-trillion Islamic finance industry Sharjah-based Dana Gas which produces most of its energy in Egypt
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