Dana Gas is the first regional private-sector natural gas company in the Middle East, established with over 300 reputable founder shareholders from across the Gulf Cooperation Council (GCC) region, and some 400,000 investors from over 100 nationalities worldwide who submitted applications of over US$ 78 billion over ten days in the company's regional IPO in late 2005.
Headquartered in Sharjah in the UAE and listed on the Abu Dhabi Securities Exchange (ADX), Dana Gas already possesses a network of offices in Saudi Arabia, Kurdistan Region – Iraq, Egypt, and UK, with further offices opening throughout the Middle East. Dana Gas currently has assets and projects in gas exploration and production, processing, transportation and marketing in several countries, and aims to play a major role in the rapidly-growing natural gas business throughout the Middle East, North Africa and South Asia (MENASA) Region across the entire gas value chain.
In addition to its current projects, the company is developing a series of “
Gas Cities” across MENASA region. Gas City is a unique synergistic hub, an industrial cluster creating value chain synergies, by considering flow of input and output of the various processing and manufacturing units in its industrial park to create the very first, vibrant private sector natural gas based industrial city. The city will facilitate foreign and regional investment and promote private sector driven economic growth. The City will host of industries ranging from Natural Gas based petrochemical plants and metals and minerals to pharmaceuticals and electronics.
Dana Gas is expanding its activities in all elements of the natural gas value-chain, including upstream exploration and production; through the midstream transmission and distribution of gas including LNG trading; and downstream into gas-related industries and petrochemicals.