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Dana Gas: The share of payments received in Iraqi Kurdistan increased by 74% in the first half of 2019
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Dana Gas, the UAE's largest gas producer, has announced a 74% increase in its sales of Pearl Petroleum, Condensate, LPG and Gas in the first half of 2019.
The share of Dana Gas, which owns 35% of Pearl Petroleum, rose from cash payments received in the Kurdistan region of Iraq to reach $ 80 million in the first half of this year compared to $ 46 million in the first half of 2018.
Dana Gas has confirmed to CNBC Arabia that Tudor, Pickering, Holt & Co has been authorized to advise it on the sale of its assets in Egypt worth more than $ 500 million.
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