Sharjah-based Dana Gas tells Egypt: pay up and we’ll pump more gas | The National:
"Dana Gas is negotiating with the Egyptian government to sell extra gas to recoup US$210 million in overdue bills.
Such a scheme would be a major boost for the Sharjah-based gas producer, which is waiting on $720m in total from Egypt and the government in the Kurdistan region of Iraq.
Dana can easily bump up production by 25 per cent in Egypt, said Patrick Allman-Ward, the chief executive of the company since this month.
“We have potential production that we could bring on quickly and at a low cost,” he said. “We have argued with the government that we can bring new production on stream if we get paid.”"
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