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    Zawya: Interview - Egypt Gas Find a Big Draw for International Investors - Dana Gas Chief

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Summary

Dana Gas CEO Patrick Allman-Ward says that investors once wary of late debt payments and low prices may be attracted to Egypt again because of the Zohr find

by: Erica Mills

Posted in:

Press Notes, Africa

Zawya: Interview - Egypt Gas Find a Big Draw for International Investors - Dana Gas Chief

The discovery by Eni of a huge gas field off the Egyptian coast could attract international energy companies that had steered clear of Egypt because of late debt payments and low prices, a leading gas producer in the country said.

The estimated size and quality of the discovery announced by Italy's Eni last week, combined with Egypt's recent efforts to meet overdue debt repayments to foreign companies, will attract interest from far and wide, said Patrick Allman-Ward, CEO of United Arab Emirates (UAE) energy company Dana Gas.

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