{"id":630899,"date":"2018-03-05T04:31:50","date_gmt":"2018-03-05T04:31:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/"},"modified":"2018-03-05T04:31:50","modified_gmt":"2018-03-05T04:31:50","slug":"dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/","title":{"rendered":"Dana Gas receives USD 10.4 mn from gas sales to Egypt"},"content":{"rendered":"<p><strong>Dana Gas received USD 10.4 mn last month from the sale of Egyptian natural gas condensate as part of a plan to recover outstanding receivables<\/strong>, the company <a href=\"https:\/\/www.adx.ae\/English\/News\/Pages\/20180304082958-DANA.aspx\">disclosed to the ADX<\/a>. Dana Gas sold 157,200 bbl of El Wastani condensate at an average price of USD 66.5 per bbl. \u201cThe sale marks the fourth cargo of Egyptian condensate since the start of 2017. Last year, the Company sold three shipments for a total receipt of approximately USD 21 mn. The shipments are part of the Gas Production Enhancement Agreement signed with the Egyptian government as a mechanism to help pay down the overdue receivables.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dana Gas received USD 10.4 mn last month from the sale of Egyptian natural gas condensate as part of a plan to recover outstanding receivables, the company disclosed to the ADX. Dana Gas sold 157,200 bbl of El Wastani condensate at an average price of USD 66.5 per bbl. \u201cThe sale marks the fourth cargo [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630899","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"813233a1-2e6e-40b4-8d53-bb441a0e498d","order":"0","is_powered_by":true,"section_story_id":"d156d108-c8f7-42e1-b837-9d449da16a78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630887],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dana Gas receives USD 10.4 mn from gas sales to Egypt - 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\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dana Gas receives USD 10.4 mn from gas sales to Egypt\" \/>\n<meta property=\"og:description\" content=\"Dana Gas received USD 10.4 mn last month from the sale of Egyptian natural gas condensate as part of a plan to recover outstanding receivables, the company disclosed to the ADX. Dana Gas sold 157,200 bbl of El Wastani condensate at an average price of USD 66.5 per bbl. \u201cThe sale marks the fourth cargo [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-05T04:31:50+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dana Gas receives USD 10.4 mn from gas sales to Egypt\",\"datePublished\":\"2018-03-05T04:31:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\"},\"wordCount\":109,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/dana-gas-receives-usd-10-4-mn-from-gas-sales-to-egypt\/\",\"name\":\"Dana Gas receives USD 10.4 mn from gas sales to Egypt - 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The company has excess liquidity that it will deploy to new projects in Egypt, including the drilling of three wells in its Delta\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649280,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/dana-gas-to-keep-full-proceeds-of-egyptian-condensates-sale-as-arrears-continue-to-mount\/","url_meta":{"origin":630899,"position":1},"title":"Dana Gas to keep full proceeds of Egyptian condensates sale as arrears continue to mount","author":"enterpriseam admin","date":"27 April 2017","format":false,"excerpt":"Dana Gas to keep full proceeds of Egyptian condensates sale as arrears continueto mount: Dana Gas has made its first international sale of Egyptian gas condensate, selling 150K barrels of condensate produced at its El Wastani gas fields in the El Manzala concession in the Nile Delta, for USD 7.2\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602588,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/","url_meta":{"origin":630899,"position":2},"title":"Dana Gas receives USD 19 mn from Egypt operations","author":"enterpriseam admin","date":"1 April 2019","format":false,"excerpt":"Dana Gas received USD 19 mn from its operations in Egypt, including the EGP equivalent of USD 10 mn of receivables from the Egyptian government and another USD 9 mn from the sale of natural gas condensate, the company announced yesterday. Dana Gas\u2019 outstanding receivables from Egypt has now reached\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596549,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/egypt-pays-dana-gas-usd-38-mn-in-owed-arrears\/","url_meta":{"origin":630899,"position":3},"title":"Egypt pays Dana Gas USD 38 mn in owed arrears","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"Egypt has paid Dana Gas USD 38 mn in overdue arrears in June, the company said yesterday. The Emirati company\u2019s total revenues from its month\u2019s operations in Egypt reached USD 48 mn as it has also made USD 10 mn from selling natural gas condensate. Dana Gas received a total\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-pays-dana-gas-usd-35-mn-in-arrears\/","url_meta":{"origin":630899,"position":4},"title":"Egypt pays Dana Gas USD 35 mn in arrears","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Egypt paid UAE\u2019s Dana Gas USD 35 mn in arrears on Saturday, bringing total receipts to USD 199 mn, according to a company press release. Dana Gas also received an additional USD 9.3 mn from condensate sales. The payments have brought arrears owed to the company to their \u201clowest since\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632472,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dana-gas-sees-profits-after-egypt-kurdistan-make-payments\/","url_meta":{"origin":630899,"position":5},"title":"Dana Gas sees profits after Egypt, Kurdistan make payments","author":"enterpriseam admin","date":"12 February 2018","format":false,"excerpt":"EARNINGS WATCH- Dana Gas saw net profits of USD 83 mn in FY2017, up from a net loss of USD 88 mn in FY2016, largely on the back of payments from Egypt and the Kurdistan Regional Government, according to Reuters. Dana, which has struggled to collect receivables from Kurdistan and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=630899"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630899\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630887"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630899"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630899"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}