WAMAbu Dhabi: ADNOC Gas reported net income of $665 million (AED2.44 billion) for the second quarter of 2026, exceeding its guidance range of $400 million to $600 million despite operational challenges and disruptions to maritime traffic through the Strait of Hormuz. Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, described the developments as a defining moment for the company. Dividend approvedSupported by strong operating cash flow, ADNOC Gas' board approved a $940 million quarterly dividend, payable in September 2026. ADNOC Gas said recovery efforts have progressed faster than expected, with gas supply restored to 85%, surpassing the year-end recovery target set in May. Q3 and full-year outlookFor the third quarter of 2026, ADNOC Gas expects net income in the range of:$600 million to $800 millionThis forecast assumes continued disruption to maritime traffic through the Strait of Hormuz.