{"id":647865,"date":"2017-05-22T03:20:30","date_gmt":"2017-05-22T03:20:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/"},"modified":"2017-05-22T03:20:30","modified_gmt":"2017-05-22T03:20:30","slug":"egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/","title":{"rendered":"Egypt makes payment to Dana Gas covering 25% of what it is owed"},"content":{"rendered":"

Egypt has made payments covering 25% of the arrears owed to Dana Gas, the company said in disclosures to the ADX. Dana Gas received a USD 50 mn payment from the Egyptian government, according to a regulatory filing<\/a>. The company had also received another payment of USD 20 mn in EGP-equivalent, it said. It is not clear if the USD 50 mn tranche was made in EGP as well or not. Both payment account for 25% of what Egypt owed Dana Gas as of the end of 1Q2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt has made payments covering 25% of the arrears owed to Dana Gas, the company said in disclosures to the ADX. Dana Gas received a USD 50 mn payment from the Egyptian government, according to a regulatory filing. The company had also received another payment of USD 20 mn in EGP-equivalent, it said. It is […]<\/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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647865","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9e63398b-6d67-409f-ad3b-c9fd5545ab38","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647846],"teaser":"","voice_url":""},"yoast_head":"\nEgypt makes payment to Dana Gas covering 25% of what it is owed - 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\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt makes payment to Dana Gas covering 25% of what it is owed\" \/>\n<meta property=\"og:description\" content=\"Egypt has made payments covering 25% of the arrears owed to Dana Gas, the company said in disclosures to the ADX. Dana Gas received a USD 50 mn payment from the Egyptian government, according to a regulatory filing. The company had also received another payment of USD 20 mn in EGP-equivalent, it said. It is […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-22T03:20:30+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\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt makes payment to Dana Gas covering 25% of what it is owed\",\"datePublished\":\"2017-05-22T03:20:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\",\"name\":\"Egypt makes payment to Dana Gas covering 25% of what it is owed - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-22T03:20:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt makes payment to Dana Gas covering 25% of what it is owed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt makes payment to Dana Gas covering 25% of what it is owed - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egypt-makes-payment-to-dana-gas-covering-25-of-what-it-is-owed\/","og_locale":"en_US","og_type":"article","og_title":"Egypt makes payment to Dana Gas covering 25% of what it is owed","og_description":"Egypt has made payments covering 25% of the arrears owed to Dana Gas, the company said in disclosures to the ADX. 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The company also said it expects another payment to be made in USD by year-end to move forward with plans to\u2026","rel":"","context":"In "Energy"","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":648176,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/30\/dana-gas-board-of-directors-approves-carrying-out-limited-drilling-activities-in-egypt\/","url_meta":{"origin":647865,"position":1},"title":"Dana Gas\u2019 board of directors approves carrying out limited drilling activities in Egypt","author":"enterpriseam admin","date":"30 May 2017","format":false,"excerpt":"Dana Gas\u2019 board of directors has approved carrying out limited drilling activitiesin Egypt. \u201cIn light of the recent collections received from the Egyptian government the board considered and approved that additional limited drilling activities should be carried out,\u201d the company said in a bourse statement picked up Gulf News. Egypt\u2026","rel":"","context":"In "Speed Round"","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":646236,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/08\/dana-gas-receives-usd-40-mn-in-arrears-from-egypt\/","url_meta":{"origin":647865,"position":2},"title":"Dana Gas receives USD 40 mn in arrears from Egypt","author":"enterpriseam admin","date":"8 June 2017","format":false,"excerpt":"Egypt repaid Dana Gas USD 40 mn that were overdue, CEO Patrick Allman-Ward announced. The payment, which came as part of the USD 750 mn Egypt paid IOCs, brings repaid debts by Egypt to Dana Gas in 2017 to USD 135 mn. Dana Gas says it is still owed USD\u2026","rel":"","context":"In "Energy"","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":600256,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/dana-gas-to-invest-usd-5-bn-in-egypt-in-the-coming-few-years\/","url_meta":{"origin":647865,"position":3},"title":"Dana Gas to invest USD 5 bn in Egypt in the coming few years","author":"enterpriseam admin","date":"23 January 2019","format":false,"excerpt":"INVESTMENT WATCH- Dana Gas to invest USD 5 bn in Egypt in the coming few years: Speaking of foreign players that have been vocal about dues owed by the government: Dana Gas is planning on increasing its investments in Egypt by USD 5 bn \u201cover the coming few years,\u201d CEO\u2026","rel":"","context":"In "Speed Round"","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":599537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-pays-dana-gas-usd-35-mn-in-arrears\/","url_meta":{"origin":647865,"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 "Energy"","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":621710,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/egypt-pays-dana-gas-usd-111-mn-in-arrears-in-9m2018\/","url_meta":{"origin":647865,"position":5},"title":"Egypt pays Dana Gas USD 111 mn in arrears in 9M2018","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"Egypt paid Dana Gas USD 111 mn in arrears owed in 9M2018, the company said in its earnings release on Wednesday (pdf). The story comes as Egypt has been stepping up payments to international oil companies (IOCs), with arrears to oil producers have fallen to their lowest levels yet, coming\u2026","rel":"","context":"In "Energy"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647865","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=647865"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647865\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647846"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647865"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647865"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}