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HomeAdnoc Gas

Adnoc Gas

Adnoc Gas
Exports

Adnoc Gas dishes out $5 billion in contracts for expansion project

June 11, 2025 Mariel Alumit

Adnoc’s gas and LNG unit, Adnoc Gas, has taken the final investment decision on its Rich Gas Development (RGD) project. It also awarded $5 billion in contracts for the first phase of the project in […]

Adnoc
Finance

Adnoc wraps up $2.84 billion offering of Adnoc Gas shares

February 24, 2025 Mariel Alumit

Adnoc said in a statement that the offering of 3.1 billion ordinary shares in Adnoc Gas represents 4 percent of the issued and outstanding share capital of the company. According to Adnoc, the offering saw […]

Adnoc Gas
Earnings

Adnoc Gas says 2024 net income climbs to $5 billion

February 6, 2025 Mariel Alumit

UAE’s Adnoc Gas said on Thursday this is a record for the full year and its highest quarterly income of $1.38 billion since its IPO. The company attributed the “strong” performance to robust demand for […]

Adnoc Gas
LNG

Adnoc Gas, GAIL finalize 10-year LNG supply deal

November 15, 2024 Andy Del Prado

According to Adnoc Gas, the SPA converts the previous heads of agreement between the company and GAIL announced in January into a definitive agreement. Under the SPA, Adnoc Gas will supply 0.52 mtpa of LNG […]

Adnoc Gas
LNG

Adnoc Gas to buy 60 percent stake in Ruwais LNG terminal for about $5 billion

November 12, 2024 Andy Del Prado

Adnoc Gas said in a statement on Monday it aims to acquire the stake in the second half of 2028. “It has always been our intention to acquire Adnoc’s 60 percent stake in Ruwais LNG. […]

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