With 8% increased production in Kurdistan
Dana Gas reports 20% revenue decline in 2023 amid falling prices
ERBIL — Dana Gas, a leading natural gas and oil company operating in the Middle East and the Kurdistan Region of Iraq, announced a 20% decrease in its revenues for the year 2023, attributing the decline primarily to falling prices. However, the company noted a partial offset through an 8% increase in production in the Kurdistan Region of Iraq, reaching 36,900 barrels of oil per day, coupled with a decrease in operational costs.
20231106-9M-2023-Press-Release-En