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ADNOC Gas reports AED2.44 billion net income in Q2 2026
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UrduPoint News
Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said, "This is a defining moment for ADNOC Gas.
ADNOC Gas now expects to invest approximately $28 billion between 2026 and 2030 to deliver this growth ambition.
Phase 2, to be delivered by Wison Engineering, will add a new natural gas processing train at the Habshan facility, expanding ADNOC Gas' natural gas processing capacity, enhancing operational flexibility, and supporting the UAE's expanding downstream and petrochemical sectors.
Phase 3, to be delivered by Tecnimont, will add a new natural gas liquids (NGL) fractionation train at Ruwais, increasing the recovery of higher-value liquids from rich natural gas for export, strengthening ADNOC Gas' global customer portfolio.
ADNOC Gas responded swiftly to the security-related incidents at the Habshan site on 3rd and 8th April, prioritising safety and minimising disruptions to customers.