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Dana Gas PJSC is discussing with Egypt an agreement that would allow it to increase fuel production and halt a drop in profitability, Chief Executive Officer Patrick Allman-Ward said.Sharjah-based Dana Gas Sunday said full-year profit fell 5.6 percent to 571 million dirhams ($155 million) on higher royalties to Egypt.Daily average production rose 8 percent last year to 64,700 barrels of oil equivalent, from 59,800 barrels, as output from Egypt increased, the company said in its 2013 preliminary results.
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