Abu Dhabi – Mubasher: Dana Gas registered AED 476 million ($130 million) in net profit during 2025, down 14% from AED 553 million ($151 million) in 2024, according to the preliminary financial results.
The gross revenues declined by 22% year-on-year (YoY) to AED 1.27 billion ($348 million) as of 31 December 2025 from AED 1.36 billion ($445 million).
Meanwhile, the earnings per share (EPS) went down to AED 0.06 ($0.01) from AED 0.07 ($0.02).
The decrease was mainly attributed to a 23% drop in Egypt’s production and lower hydrocarbon prices, partly offset by a 2% rise in production in Kurdistan after completing the KM250 gas expansion project at Khor Mor in October 2025.
Richard Hall, CEO of Dana Gas, commented: “2025 was a huge year for Dana Gas. We delivered on priorities that had been outstanding for some time, most notably bringing the long-awaited KM250 expansion project over the line and into operation.”
“At the same time, we made real progress in Egypt. We restarted investment under improved fiscal terms, drilled new wells, made discoveries, and began to stabilize production in assets that had been in natural decline. This was about putting Egypt back on a growth footing, and we are encouraged by the results to date,” Hall explained.
He revealed: “Taken together, 2025 was a year of delivery, and 2026 will be a year of realization as new production comes fully on stream. This strengthening of the production profile, combined with structural demand for gas in both our core markets, gives us clear visibility on growth and cash generation.”
The CEO also highlighted plans for disbursing cash dividends, as he noted: “This will allow the company’s board of directors to consider a recommendation for a dividend at their next meeting in March.”
In the first nine months (9M) of 2025, the group’s net profits shrank to AED 379 million from AED 410 million in 9M-24.
