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Dana Gas posts 50% rise in Q3 profit as Kurdistan gas output surges

Dana Gas reported a 50 per cent rise in its third-quarter profit as increased production from its main gasfield in Iraq's Kurdistan region and stronger hydrocarbon prices boosted earnings despite security disruptions . Net profit climbed to $45 million in the three months to September, from $30 million a year earlier, the Sharjah-based company said on Friday. Revenue rose 42 per cent to $119…

Dana Gas posts 50% rise in Q3 profit as Kurdistan gas output surges

We haven't written up this one. The National UAE has the full story — the link below goes straight to it.

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