Dana Gas receives AED 293 million from Iraqi Kurdistan in first half



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Sharjah: "Gulf"

Dana Gas announced that its share of payments from condensate, liquefied petroleum gas (LPG) and gas sales in the Kurdistan region of Iraq by Pearl Petroleum had increased by 74% in the first half of 2019.
Dana Gas, which holds a 35% stake in Pearl Petroleum, increased its cash payments to EI 293 million in the first half compared to E 169 million in the first half of 2018.
He said d. "We are confident that our growing partnership will inevitably bring significant and tangible benefits to the region, including more employment opportunities and increased confidence in the oil sector, which will generate revenue for infrastructure development. "said Patrick Alman Ward, CEO of Dana Gas. "Following our achievements last year, we hope to strengthen our cooperation with the government of the region."

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