[size=35][size=35]Dana Gas of the United Arab Emirates confirms that its operations in Egypt and Iraq were not affected by the effects of Corona[/size]
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2020-03-23 | 02:53
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The company said, in a statement posted on the website of [url=https://www.alsumaria.tv/Entity/2922921867/%D8%B3%D9%88%D9%82 %D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A %D9%84%D9%84%D8%A3%D9%88%D8%B1%D8%A7%D9%82 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]the Abu Dhabi Stock Exchange[/url] , that natural gas constitutes 75 percent of its production, and is sold under long-term contracts with the host governments.
These contracts contribute 50 percent of the company's annual income; they are not affected during the fluctuations in oil prices, according to the statement.
The company confirmed that it has a strong financial position, with a cash balance of $ 425 million at the end of 2019.
It also does not require it to provide direct capital financing for its growth plans in the [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] , where the current production rate is 400 million cubic feet of gas per day.
And " [url=https://www.alsumaria.tv/Entity/518896964/%D8%AF%D8%A7%D9%86%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Dana Gas[/url] " a leading private sector company, operating in the natural gas area of the [url=https://www.alsumaria.tv/Entity/47078/%D8%A7%D9%84%D8%B4%D8%B1%D9%82 %D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7/ar/]Middle East[/url] .[/size]
According to the company's website, [url=https://www.alsumaria.tv/Entity/518896964/%D8%AF%D8%A7%D9%86%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Dana Gas[/url] currently has assets in the fields of gas exploration and production in the United Arab Emirates, the Arab [url=https://magnetrack.klangoo.com/v1.1/track.ashx?e=AP_ITE_CLK&p=338579_1&d=47507&c=087f73ce-9cc0-4b7a-8f94-863bed009347&u=8439b4fa-a513-467a-8a8c-ab3752d2d7d0&l=https%3A%2F%2Fwww.alsumaria.tv%2Fnews%2F%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%2F338579%2F%D8%AF%D8%A7%D9%86%D8%A9-%D8%BA%D8%A7%D8%B2-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D8%AA%D8%A4%D9%83%D8%AF-%D8%B9%D8%AF%D9%85-%D8%AA%D8%A3%D8%AB%D8%B1-%D8%B9%D9%85%D9%84%D9%8A%D8%A7%D8%AA%D9%87%D8%A7-%D8%A8%D9%85%D8%B5%D8%B1-%D9%88%D8%A7&redir=https%3A%2F%2Fwww.alsumaria.tv%2FEntity%2F47507%2F%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D9%85%D8%B5%D8%B1 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9%2Far%2F%3Futm_campaign%3Dmagnet%26utm_source%3Darticle_page%26utm_medium%3Dintext_entity]Republic of Egypt[/url] and the [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] , with a production rate of 67,600 barrels of equivalent oil per day in 2017.
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[You must be registered and logged in to see this link.]2020-03-23 | 02:53
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[size=18]The UAE company, "Dana Gas", confirmed that all its operations in the Kurdistan region of Iraq and Egypt are operating at full capacity; production rates were not affected by the spread of the global epidemic virus "Corona emerging".
The company said, in a statement posted on the website of [url=https://www.alsumaria.tv/Entity/2922921867/%D8%B3%D9%88%D9%82 %D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A %D9%84%D9%84%D8%A3%D9%88%D8%B1%D8%A7%D9%82 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]the Abu Dhabi Stock Exchange[/url] , that natural gas constitutes 75 percent of its production, and is sold under long-term contracts with the host governments.
These contracts contribute 50 percent of the company's annual income; they are not affected during the fluctuations in oil prices, according to the statement.
The company confirmed that it has a strong financial position, with a cash balance of $ 425 million at the end of 2019.
It also does not require it to provide direct capital financing for its growth plans in the [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] , where the current production rate is 400 million cubic feet of gas per day.
And " [url=https://www.alsumaria.tv/Entity/518896964/%D8%AF%D8%A7%D9%86%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Dana Gas[/url] " a leading private sector company, operating in the natural gas area of the [url=https://www.alsumaria.tv/Entity/47078/%D8%A7%D9%84%D8%B4%D8%B1%D9%82 %D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7/ar/]Middle East[/url] .[/size]
According to the company's website, [url=https://www.alsumaria.tv/Entity/518896964/%D8%AF%D8%A7%D9%86%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Dana Gas[/url] currently has assets in the fields of gas exploration and production in the United Arab Emirates, the Arab [url=https://magnetrack.klangoo.com/v1.1/track.ashx?e=AP_ITE_CLK&p=338579_1&d=47507&c=087f73ce-9cc0-4b7a-8f94-863bed009347&u=8439b4fa-a513-467a-8a8c-ab3752d2d7d0&l=https%3A%2F%2Fwww.alsumaria.tv%2Fnews%2F%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%2F338579%2F%D8%AF%D8%A7%D9%86%D8%A9-%D8%BA%D8%A7%D8%B2-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D8%AA%D8%A4%D9%83%D8%AF-%D8%B9%D8%AF%D9%85-%D8%AA%D8%A3%D8%AB%D8%B1-%D8%B9%D9%85%D9%84%D9%8A%D8%A7%D8%AA%D9%87%D8%A7-%D8%A8%D9%85%D8%B5%D8%B1-%D9%88%D8%A7&redir=https%3A%2F%2Fwww.alsumaria.tv%2FEntity%2F47507%2F%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D9%85%D8%B5%D8%B1 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9%2Far%2F%3Futm_campaign%3Dmagnet%26utm_source%3Darticle_page%26utm_medium%3Dintext_entity]Republic of Egypt[/url] and the [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] , with a production rate of 67,600 barrels of equivalent oil per day in 2017.
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