Page 32 - Khor Mor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHARJAH, 10th February, 2022 (WAM) -- Dana Gas, the Middle East's largest regional private sector natural gas company, on Wednesday announced its Preliminary Unaudited Financial Results for the full year ended 31st December 2021. The Company achieved a net profit of US$317 million (AED1.16 billion) in 2021. The increase was primarily due to higher oil prices, improved operational performance, and income. Revenue increased 30 percent to $452 million (AED1.65 billion) in 2021 compared to $349 million (AED1.3 billion) in 2020, supported by higher oil prices...

Dana Gas, the Middle East’s largest regional private sector natural gas company, announced its Preliminary Unaudited Financial Results for the full year ended 31st December 2021.

Dana Gas, the Middle East’s largest regional private sector natural gas company, posted a record net profit of AED1.16 billion ($317 million) in 2021 as compared to a net loss of AED1.38 billion in 2020.

Dana Gas, the Middle East’s largest regional private sector natural gas company, posted a record net profit of AED1.16 billion ($317 million) in 2021 as compared to a net loss of AED1.38 billion in 2020.

Dana Gas and its partner, Crescent Petroleum, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million cubic feet of gas per day (MMscf/d) at the end of 2021. The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including […]