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FinancialNews
04-03-18
Dana Gas records USD10.4m profit in February
(MENAFN) UAE-based Dana Gas has generated in February USD10.4 million from selling 157,200 barrels of El Wastani condensate at an average cost of USD66.5 per barrel.
The regional natural gas company declared the sale to be the fourth cargo of Egyptian condensate even since early last year.
The leading gas company also confirmed to have generated USD21 million in 2017 after selling three shipments.
The sales have been under the terms of the Gas Production Enhancement Agreement which was signed with Egypt.
MENAFN0403201800450000ID1096543060
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