Middle East and North Africa focused Dana Gas has reported a sharp 83% rise year-on-year in 1Q profit, driven by increased production, principally in Egypt; higher realised prices; and lower costs. The profit for the quarter to March 31 was $11mn compared with $6mn in the same quarter last year, Dana Gas said May 11.
Thank you for appreciating great fact based news coverage and analysis on natural gas developments. To continue reading please sign in or subscribe.
Natural Gas World welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact [email protected]
Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content.