Record profits and smart expansion: How ADNOC Gas is building its future

ADNOC Gas is building its future

 

Record profits and smart expansion: How ADNOC Gas is building its future

At a time of declining global oil prices and severe economic volatility, the UAE's ADNOC Gas Company has demonstrated its ability to achieve record profits and exceptional, sustainable growth. In the second quarter of this year, the company recorded net profits of $1.385 billion, bringing its half-year profits to $2.650 billion, a 12% year-on-year increase, reflecting the strength of its operating model and the flexibility of its strategies.

Solid growth and promising prospects in energy-hungry global markets

Despite a 20% drop in oil prices during the same period, the company has demonstrated that operational efficiency and smart investment in technology and infrastructure are key to seizing opportunities and maximizing profits.

Record financial results reinforce the UAE's position as a regional energy hub

ADNOC Gas data confirms that the company has entered a new phase of superior financial performance, with revenues exceeding $12 billion in the first half of 2025 and a semi-annual dividend of $1.792 billion, a clear demonstration of its strong commitment to delivering real value to its shareholders.

The company has also allocated $3 billion in new investments this year to expand its operations, while capital expenditures in the first six months amounted to $1.22 billion. It has awarded contracts worth $5 billion for the first phase of its strategic "Gas-Rich" project, a move aimed at increasing operating profits by 40 percent by 2029. Fatima Al Nuaimi: Production efficiency is 99.3 percent, and we aim to increase production capacity by 30 percent by 2029

ADNOC Gas: We have allocated $20 billion in investments to increase production

While hosting the program on Sky News Arabia, ADNOC Gas CEO Fatima Al Nuaimi highlighted the company's strong performance, saying: "We achieved net profits of $1.39 billion in the second quarter, a 16 percent increase compared to the same period last year, despite a 20 percent drop in oil prices. We have achieved production efficiency of 99.3 percent, thanks to our tireless teams onshore and offshore, along with the use of the latest production technologies."

Al-Naimi emphasized that the UAE's domestic market absorbs a third of the company's production, amid continued economic growth and rising demand for energy. She added, "We supply the local market through long-term contracts with increasing profit margins, even with stable quantities. The regional and international market is thirsty for gas, and we are in a strategic position to meet this demand efficiently."

$20 billion for strategic expansion and the pivotal project: "Gas-Rich"

Al-Naimi's statements indicate that the company is investing $20 billion through 2029 with the aim of increasing production capacity by 30 percent. Among the pivotal projects is the "Gas-Rich" project, which processes associated gas produced by oil production and is distributed across strategic sites on Das Island, Bab, Bu Hasa, and Habshan.

Al-Naimi added, "The $5 billion allocated now is only for the first phase of this integrated project, which will fulfill our promise to investors to increase operating profits by 40 percent by 2029."

Expansion Strategy: From India to Europe... Growing Global Presence

ADNOC Gas is adopting a market diversification policy, focusing on rapidly growing eastern markets, without neglecting the European market, which is keen on energy security. Al Nuaimi emphasized: "We have signed three export contracts with buyers in India to supply 2.2 million tons, and we continue to serve European markets, especially since ADNOC Gas is a trusted name in supply and contract commitments."

She added that the company serves approximately 20 countries and keeps expansion doors open to global opportunities, leveraging the proximity of its plants to Asian markets and a long history of cooperation with partners such as Japan's Jeeran.

Global Markets Recognize: ADNOC Gas is a Major International Player

Amid its remarkable performance, the company has successfully incorporated into prestigious global indices. It was recently included in the MSCI Emerging Markets Index, attracting financial inflows of $500 million, while its upcoming inclusion in the FTSE 100 Index is expected to generate an additional $200 million.

 Commenting on this achievement, Al Nuaimi said: "We are a global company, even if we are based in the UAE. With our assets, revenues, and market capitalization of $69 billion, we are today the largest gas company in the Middle East and North Africa, and a smart investment choice for any portfolio seeking stability, growth, and attractive returns."

ADNOC Gas: A Role Model for the UAE's Economic Transformation

ADNOC Gas's successive successes reflect the UAE's integrated model for the energy sector, combining sustainability, efficiency, and long-term investment. Through its measured expansion, commitment to generous dividends, and its technology-driven and geographically diversified strategy, the company is consolidating its position as a reliable partner in global energy security.

With major projects underway and ambitious future plans, ADNOC Gas appears ideally positioned to achieve exponential growth, not only in terms of profits, but also as an economic force supporting the UAE's vision of becoming a global energy and investment hub.