The UAE’s Dana Gas collected USD 105 mn from its Egypt assets in 9M2019, the company saidin a statement (pdf). The Emirati company had received a total of USD 78 mn in payments from the government during 1H2019, reducing its outstanding receivables to USD 125 mn, the lowest level since 2011. Egypt has pledged to fully repay amounts owed to international oil companies by the end of 2019.

Tags: