Stay updated with breaking news from Patrick Allman Ward. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dana Gas, the Middle East’s largest regional private sector natural gas firm, posted net profit of AED667 million ($182 million) in 2022 as compared to AED1.16 billion ($317 million) in 2021.
Records 17% growth in revenues at Dh1.94 billion and attributes to higher realised prices and production output in the Kurdistan Region of Iraq
Company did not let distractions from explosions at KRI field get in the way
Dana Gas, the Middle East’s largest regional private sector natural gas company, has seen its nine-month (9M) net profit soar 64% to AED589 million ($161 million) or 8.4 fils per share.
Higher yields supported Dana Gas net profit for 9-month '22 to Dh589m