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Crescent will not bail out Dana Gas

Published: 29/10/2012 08:25:07 PM GMT
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The top shareholder in Dana Gas has ruled out a bailout just days before a US$920 million (Dh3.37 billion) sukuk matures. Crescent Petroleum, a Sharjah company that owns 21 per cent of Dana Gas, repeated a position first made public in May that it .. (more)

The top shareholder in Dana Gas has ruled out a bailout just days before a US$920 million (Dh3.37 billion) sukuk matures. Crescent Petroleum, a Sharjah company that owns 21 per cent of Dana Gas, repeated a position first made public in May that it ...

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