Dana Gas of the United Arab Emirates announced an increase in the average production of gas in the first quarter of this year by 6% on an annual basis, to reach 68.7 thousand barrels per day from 65 thousand Barrels per day in the same period in 2018.

According to a statement by Dana Gas, the KRI company led Iraqi Kurdistan, the increase in production in the first quarter of 2019, where productivity jumped to 32.75 thousand barrels per day from 26.3 thousand barrels per day During the first quarter of last year

On a quarterly basis, Dana Gas production increased by 5% in the first quarter of 2019 compared to the last quarter of 2018, which reflects the increase in production from KRI, Iraqi Kurdistan , With the support of operating the Balsam-8 well in Egypt in the fourth quarter.

Dana CEO, Patrick Allman Ward, expected that the company's increased production will have a positive impact on its revenues in the coming period.

Dana Gas is the first and largest regional company in the Middle East for natural gas, and was established in December 2005 and listed on the Abu Dhabi Stock Exchange.

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