Adnoc Gas CFO: Still Exploring Opportunities in Fujairah

🇦🇪 Bloomberg (AE) —

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Adnoc Gas reported third-quarter net income of $1.34 billion, beating analyst estimates, and said it expects to restore Habshan to full capacity by the second quarter of 2027 after damage from interceptions during the Iran war. CFO Peter van Driel said the company is exploring opportunities in Fujairah and potential expansion to serve European gas demand.

Adnoc Gas reported net income for 3Q of $1.34 billion that beat analyst estimates. The company says it remains on track to restore Habshan to full capacity by 2Q 2027 after damages during Iran War interceptions. Peter van Driel CFO of Adnoc Gas spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the earnings, their plans in Fujairah, and potential expansion to meet European gas needs. (Source: Bloomberg)

World Conflict Markets Energy Adnoc Gas natural gas Habshan Fujairah Iran war earnings European demand

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