Dana Gas Reports $130 Million Profit in 2025
2026-02-19 05:24:24
Dana Gas recorded a net profit of $130 million (AED 476 million) in 2025, according to the company’s latest financial reports.
Key Financial Highlights
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Total revenue for 2025 reached AED 1.28 billion ($348 million).
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Net profit stood at AED 476 million ($130 million), compared to AED 553 million ($151 million) in 2024.
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Production increased by more than 30%, driven by higher gas output in the Kurdistan Region of Iraq and Egypt.
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The average Brent crude price in 2025 was $69 per barrel, down from $81 in 2024.
Production Growth
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Total production reached 70,000 barrels of oil equivalent per day (boepd), the company’s highest level since 2018.
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Gas production at the Khor Mor field exceeded 700 million cubic feet per day.
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The KM250 expansion project was completed eight months ahead of schedule, adding 250 million cubic feet per day of gas capacity.
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Further production growth is expected in Q3 2026 after completion of a new gas pipeline, potentially raising output above 75,000 boepd.
Operations in Egypt
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Dana Gas drilled four new wells in 2025 and plans to drill seven more in 2026, starting with the “Dafodil” well.
About Dana Gas
Founded in 2005 and listed on the Abu Dhabi Stock Exchange, Dana Gas is the Middle East’s largest private-sector natural gas company, with operations in Egypt, the Kurdistan Region of Iraq, and the UAE.
