ADNOC sets up new world-scale gas processing, operations & marketing company

  • Date: 11-Jan-2023
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC sets up new world-scale gas processing, operations & marketing company

Abu Dhabi National Oil Company (ADNOC) has announced the formation of ADNOC Gas, its new world-scale gas processing, operations, and marketing company.

The flagship company combines the operations, maintenance, and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global and market-leading consolidated business.

According to the statement, the combined scale and capabilities of ADNOC Gas will maximize value and create new opportunities for ADNOC, its partners, and the UAE.

Sultan bin Ahmed Al Jaber

Minister of Industry and Advanced Technology

MD & Group CEO – ADNOC “The formation of ADNOC Gas represents another major milestone in unlocking the full value of the UAE’s vast natural gas resources and builds on ADNOC’s more than 40 years of experience as a leading gas producer. Natural gas will be a critical fuel in the energy transition and ADNOC Gas, through its world-scale operations and significant growth and expansion plans will be well-positioned to meet both local and international gas demand. In addition to enabling the growth of local industry and manufacturing, ADNOC Gas will play a critical role in delivering ADNOC’s broader LNG expansion plans, including in international markets. For our customers, ADNOC Gas will continue to be a reliable provider of LNG, LPG,