About Dana Gas
Dana Gas is a natural gas company headquartered in Sharjah. Founded in 2005 and listed on the Abu Dhabi Securities Exchange, it was established as one of the region's first private-sector natural gas companies.
The company explores for, produces and processes natural gas and related liquids. Its main production assets have been in the Kurdistan Region of Iraq, where it is part of a consortium developing large gas fields, and in Egypt.
Natural gas is used to generate electricity, supply industry and produce chemicals. In the Middle East, gas has become increasingly important for power generation, and many countries are working to increase domestic production to meet demand.
In the Kurdistan Region, the company's partnership has developed the Khor Mor field, which supplies gas for power generation in the region, contributing to local electricity supply.
Dana Gas also has interests in gas projects in the UAE and has explored opportunities in renewable energy as part of a broader energy strategy.
Gas is often described as a transition fuel, since burning it produces lower carbon dioxide emissions than coal or oil, although it is still a fossil fuel. Companies in the sector face growing pressure to reduce emissions and invest in cleaner energy.
Long-term gas supply agreements with governments and buyers are central to how the company plans and finances its projects.
The UAE's energy sector is dominated by national companies, making Dana Gas's private-sector model distinctive in the region.
Dana Gas is an established energy company rather than a startup, and Startups UAE includes it among the UAE's energy businesses based outside Abu Dhabi.
The company explores for, produces and processes natural gas and related liquids. Its main production assets have been in the Kurdistan Region of Iraq, where it is part of a consortium developing large gas fields, and in Egypt.
Natural gas is used to generate electricity, supply industry and produce chemicals. In the Middle East, gas has become increasingly important for power generation, and many countries are working to increase domestic production to meet demand.
In the Kurdistan Region, the company's partnership has developed the Khor Mor field, which supplies gas for power generation in the region, contributing to local electricity supply.
Dana Gas also has interests in gas projects in the UAE and has explored opportunities in renewable energy as part of a broader energy strategy.
Gas is often described as a transition fuel, since burning it produces lower carbon dioxide emissions than coal or oil, although it is still a fossil fuel. Companies in the sector face growing pressure to reduce emissions and invest in cleaner energy.
Long-term gas supply agreements with governments and buyers are central to how the company plans and finances its projects.
The UAE's energy sector is dominated by national companies, making Dana Gas's private-sector model distinctive in the region.
Dana Gas is an established energy company rather than a startup, and Startups UAE includes it among the UAE's energy businesses based outside Abu Dhabi.