Dana Gas has sold its Egypt’s onshore gas and condensate assets to Texas-based IPR Energy in a deal worth $236 million that will enable the Abu Dhabi-listed company to repay Islamic sukuk bonds maturing at the end of October.
Dana Gas in $236 million onshore Egypt assets sale to US player
Dana Gas sells Egypt’s onshore gas and condensate assets to Texas-based IPR Energy for $236 million that enables Abu Dhabi-listed company to repay debt
26 October 2020 8:58 GMT
Updated
26 October 2020 8:58 GMT
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in
Istanbul