{"id":565756,"date":"2021-04-28T13:53:23","date_gmt":"2021-04-28T13:53:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/ipr-wastani-taking-dana-gas-to-arbitration\/"},"modified":"2021-04-28T13:53:23","modified_gmt":"2021-04-28T13:53:23","slug":"ipr-wastani-taking-dana-gas-to-arbitration","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/ipr-wastani-taking-dana-gas-to-arbitration\/","title":{"rendered":"IPR Wastani taking Dana Gas to arbitration"},"content":{"rendered":"

<\/a> IPR Wastani seeks arbitration for cancelled sale of Dana Gas\u2019 Egypt assets: <\/strong>IPR Wastani Petroleum is filing for arbitration after the UAE\u2019s Dana Gas called off the sale of its oil and gas assets in Egypt to the Texas-based IPR Energy Group member, Dana Gas said in a statement cited by Reuters<\/a>. The request for arbitration disputes Dana Gas\u2019 right to scrap a sale and purchase agreement both sides reached last year<\/a>, but Dana Gas is claiming it was in a legal position to cancel the sale. The company terminated the agreement last week<\/a>, saying it failed to agree on certain conditions with IPR Wastani. The sale would have seen Dana Gas sell most of its Egypt-based onshore assets in a USD 236 mn transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPR Wastani seeks arbitration for cancelled sale of Dana Gas\u2019 Egypt assets: IPR Wastani Petroleum is filing for arbitration after the UAE\u2019s Dana Gas called off the sale of its oil and gas assets in Egypt to the Texas-based IPR Energy Group member, Dana Gas said in a statement cited by Reuters. The request for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10045],"tags":[110,957,633,7128,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565756","post","type-post","status-publish","format-standard","hentry","category-speed-round-ma-watch","tag-dana-gas","tag-dispute-watch","tag-enterprisepm","tag-ma-watch","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"5729b381-540e-4607-8348-1aa9f7c4fe13","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565750],"teaser":"","voice_url":""},"yoast_head":"\nIPR Wastani taking Dana Gas to arbitration - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/ipr-wastani-taking-dana-gas-to-arbitration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPR Wastani taking Dana Gas to arbitration\" \/>\n<meta property=\"og:description\" content=\"IPR Wastani seeks arbitration for cancelled sale of Dana Gas\u2019 Egypt assets: IPR Wastani Petroleum is filing for arbitration after the UAE\u2019s Dana Gas called off the sale of its oil and gas assets in Egypt to the Texas-based IPR Energy Group member, Dana Gas said in a statement cited by Reuters. 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