Dana Gas receives 138 million dollars of its dues with EgyptVisits : 74

Dana Gas receives 138 million dollars of its dues with Egypt

Dana Gas said that its share of receipts for its operations in Egypt during 2019 amounted to 138 million dollars, equivalent to 127% of the revenues due during the year.

According to the company statement today, Wednesday, it managed to reduce the total unpaid dues in Egypt, by 21% to reach $ 111 million, compared to $ 140 million at the end of 2018.

Total payments received from arrears on behalf of the company were $ 285 million in 2019, compared to $ 334 million in 2018.