Abu Dhabi – Mubasher: Dana Gas on Wednesday announced it has received a dividend payment of AED 83.5 million ($22.75 million) from Pearl Petroleum Company Limited in the Kurdistan Region of Iraq following the first quarter of 2018.
The Abu Dhabi-listed gas firm has obtained total dividend payments from Pearl Petroleum of AED 135 million ($36.75 million) for the year to date, Dana Gas said in a statement.
The Middle East’s largest regional natural gas company had received around AED 52.8 million from Pearl Petroleum last April following the sale of condensate and liquefied petroleum gas (LPG) during Q1-18 in the Kurdistan Region of Iraq.
