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

The National · Jennifer Gnana · 2026-11-06 10:14 UTC

Higher production at Khor Mor gasfield boosts earnings despite security disruptions

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 million.

“Higher production at Khor Mor and stronger realised hydrocarbon prices have driven improved earnings, demonstrating the tangible returns from our investments,” chief executive Richard Hall said.

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