ADNOC Gas awards $1.34bln in contracts for new natural gas pipeline to the Northern Emirates

ADNOC Gas awards $1.34bln in contracts for new natural gas pipeline to the Northern Emirates

Over 70% of the contract value to flow back into the UAE economy through ADNOC’s highly successful ICV program Pipeline expansion cements ADNOC Gas’ pivitol role in supplying sustainable gas supplies in support of UAE gas self-sufficiency Abu Dhabi, UAE: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), the world-class integrated gas processing company, today announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd. for the expansion of its natural gas pipeline network. Under the sales gas pipeline network enhancement (ESTIDAMA) program, the new pipeline will extend ADNOC Gas’ existing pipeline network from approximately 3,200 kilometers (km) to over 3,500km, enabling the transportation of higher volumes of natural gas to customers in the Northern emirates of the United Arab Emirates (UAE). This strategic pipeline extension will drive further growth for ADNOC Gas as it continues to supply sustainable gas supplies in the UAE in support of the company’s strategy to increase its market share and enhance its customer base. Ahmed Mohamed Alebri, Chief Executive Officer of ADNOC Gas, said: “Our strategic network expansion will bring the advantages of