# FORM 6-K exhibit

- Source: edgar · Published: 2026-09-10 · Kind: report
- Original: https://www.sec.gov/Archives/edgar/data/1578453/000110465926106698/dlng-20260630xex99d1.htm

**TL;DR —** Dynagas LNG Partners LP reported increased voyage revenues and net income for H1 2026, driven by higher charter rates and EU ETS allowances, while actively managing debt and navigating Russian sanctions on its Yamal charters.

## Takeaways
- **Revenue Growth:** Voyage revenues increased by 4.4% to $81.1 million in H1 2026 (vs. $77.7 million in H1 2025), primarily due to a higher time charter rate for the *Clean Energy* and increased EU Emissions Trading System (ETS) allowance values.
- **Profitability Improvement:** Net Income rose significantly to $33.38 million in H1 2026 (vs. $27.28 million in H1 2025), with common unitholders' interest in Net Income increasing to $29.98 million (vs. $18.92 million).
- **Debt Reduction & Lower Interest Costs:** Interest and finance costs decreased by 25.9% to $8.3 million in H1 2026 (vs. $11.2 million in H1 2025), mainly due to a reduction in interest-bearing debt and a lower weighted average interest rate (5.89% vs. 6.51%).
- **Fleet Utilization & Backlog:** The fleet of six LNG carriers had an estimated contracted revenue backlog of approximately $0.7 billion with an average remaining charter duration of 4.4 years as of September 10, 2026, though fleet utilization slightly decreased to 95.7% in H1 2026 (vs. 99.7% in H1 2025).
- **Russian Sanctions Impact:** Two vessels (*Yenisei River* and *Lena River*) are employed by Yamal, accounting for 36% of H1 2026 cash revenues, and while current operations fall under a "Legacy Contract Derogation" from EU sanctions, future extensions or interpretations of sanctions could materially impact the partnership.

*Generated 2026-11-12 via google/gemini-2.5-flash*
