UAE's Dana Gas says Q4 net profit up by 12% - Energy - ArabianBusiness.com:
"Dana Gas made a net profit of AED128 million ($34.9 million) in the fourth quarter of 2013, up 12 percent from a year earlier, the UAE energy company said on Sunday.
Net profit for the full year fell 6 percent to AED571 million, due in part to rising royalty payments to the Egyptian government and lower sales of liquid petroleum gas (LPG) in the Kurdistan Region of Iraq.
Dana Gas said in its preliminary results statement that it had not received any significant payments from Kurdistan since July 2013 and was pushing for payments to resume as soon as possible."
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