CAIRO: Dana Gas, a Middle East regional private sector natural gas company, said its operations were not affected during the recent turmoil in Egypt, with production and output levels sustained during the turbulence.
Dana Gas said its operations are located in the Nile Delta and Southern Egypt, far from the urban centers which typically saw the most disruption.
Around 95 percent of Dana Gas’ Egypt employees are from the local population and work at all levels of the company, the firm said, adding that the gas produced continues to be produced and sold domestically.
Hany Elsharkawi, president of Dana Gas Egypt, added: “During the crisis we worked very closely on the ground with our employees to ensure their safety, and kept in regular contact with the National Oil Companies. This allowed us to sustain output levels… 2011 promises to be yet another busy year for us in Egypt where we will continue to raise our production levels, in addition to continuing our aggressive exploration-drilling program in the Nile Delta and Southern Egypt.”
Dana Gas has concessions in the Nile Delta, in addition to the Komombo Concession in Southern Egypt, where in 2010, it produced a combined total of 42,300 barrels of oil equivalent a day.
A new gas processing plant is currently under design to process 120 million standard cubic feet per day in the Nile Delta. The current production level in Egypt is over 45,000 boepd.
Dana Gas CEO Ahmad Al Arbeed said, "Dana Gas would like to reiterate that its operations in Egypt have continued regularly during and post-crisis. This steady performance gives us renewed confidence to continue to expand our operations, seeking to meet rising demand.”
