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September 11, 2026

UAE’s Dana Gas accrued $32mln in interest on Iran’s NIOC award

The UAE-based energy firm Dana Gas said on Monday its portion of interest accrued on an international arbitration tribunal award of $607.5 million in a gas supply dispute with National Iranian Oil Co. (NIOC) was $31.84 million as of February 2023. The dispute concerns a 25-year gas sales and purchase contract between Dana Gas affiliate […]