Dana Gas Achieves Record Output in Egypt

UAE-based natural gas player Dana Gas has achieved record production in 2013 of 39,000 barrels of oil equivalent per day in Egypt.

The production includes 190 mmscfd of gas and 8,500 barrels of liquids per day, Trade Arabia reported citing a company statement.

The core operations in the Nile Delta and its Egyptian Bahrain Gas Derivatives Company (EBGDCo) Natural Gas Liquids extraction plant in Ras Shukheir have not been impacted by the current events in Egypt, said the company, Trade Arabia reported.

It announced the discovery of Begonia-1 well recently and has submitted a proposed development plan to the Egyptian authorities as part of a development lease application, Dana said.