CorporateMiddle East

Adnoc Gas says Q2 net income drops to $665 million

By LNG Prime Staff
Adnoc Gas says Q2 net income drops to $665 million
For illustration only (Image: Adnoc Gas)

Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $665 million in the second quarter of this year, a drop of 52 percent year-on-year due to disruptions caused by the ongoing Middle East conflict. Adnoc Gas has also taken the final investment decision on the second and third phases of its Rich Gas Development (RGD) project.

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