Dana reaps reward of scrapping Egypt sale
Dana reaps reward of scrapping Egypt sale
Dana Gas has more than doubled its collections from Kurdistan and Egypt in the first half of the year.
Cash received was up 106% at $185 million, the Sharjah-based company reported, its highest level in more than five years.
Proceeds from Kurdistan reached $87mn in the first half, up 85% from $47mn in the period in 2020. Pearl Petroleum paid out $48.3mn in dividends to Dana.
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