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Impairments hit Dana Gas profit

United Arab Emirates-based Dana Gas saw profit dip in 2014 as impairments on assets due to lower oil prices offset a rise in revenue.

Driving revenue: Dana chief Patrick Allman-Ward said the increase in output was enough to offset a fall in oil prices last year as revenues rose but impairments dragged down profits
Driving revenue: Dana chief Patrick Allman-Ward said the increase in output was enough to offset a fall in oil prices last year as revenues rose but impairments dragged down profits
Published 5 February 2015, 08:17Updated 17 October 2016, 13:17
Middle EastNorth Africa