ADNOC Gas plc Reports Record Profit Amidst Market Challenges: A Testament to Resilience and Strategic Growth
In a noteworthy announcement that underscores its robust operational framework, ADNOC Gas plc has reported a record net profit of .2 billion (equivalent to AED 19.10 billion) for the fiscal year 2025. This figure reflects a commendable 3% increase in profitability from the previous year, driven by a 4% rise in sales, even as the company found itself navigating the turbulent waters of a significant 14% decline in average Brent crude prices, which settled at per barrel.
Fatema Alnuaimi, Chief Executive Officer of ADNOC Gas, articulated the significance of this achievement, stating, “2025 represented a pivotal stage in the journey of ADNOC Gas, during which it achieved record profits while simultaneously continuing to invest in growth plans. This strong performance confirms the resilience and scalability of the company’s business, as well as its ongoing significant role on the global stage.” Such sentiments highlight both the current success and the company’s vision for sustained growth amidst variable market conditions.
The year under review also witnessed ADNOC Gas dramatically increasing its capital expenditures, nearly doubling its investment in assets. Capital expenditures (CAPEX) soared to .6 billion (AED 13.22 billion), marking a staggering 98% increase as the company strategically positioned itself for future growth. This level of investment not only attests to the company’s confidence in its market but also underscores a commitment to enhancing operational capabilities and expanding its production capacity.
Supporting this upward trajectory, the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) for domestic operations witnessed a healthy rise of 10%. This growth is indicative of strong domestic demand, bolstered in part by a 4% increase in sales within the UAE, which already represents a vital market for ADNOC Gas.
In light of this impressive performance, the board of directors has announced a substantial total dividend of .584 billion (AED 13.16 billion) for the year, reflecting the company’s commitment to returning value to its shareholders. This distribution comes as a positive indicator of the company’s financial health and its proactive approach in rewarding investors.
Looking to the future, ADNOC Gas has outlined ambitious plans to increase its total production capacity by an impressive 30% by the year 2029. This ambitious goal is corroborated by recent strategic moves, including the imminent Final Investment Decisions (FID) for Phases 2 and 3 of its “Maximizing Rich Gas” project, anticipated in the first quarter of 2026. Such developments are crucial as ADNOC Gas seeks to solidify its position within the global energy sector while catering to growing local demand.
Furthermore, the company is making strides with the ongoing development of the “ESTIDAMA” pipeline network. This project is particularly noteworthy as it is designed to facilitate the transportation of larger quantities of natural gas to consumers in the Northern Emirates, enhancing regional energy reliability and access.
ADNOC Gas operates as a world-scale gas processing and sales entity, expertly navigating the entire gas value chain. The company meets approximately 60% of the UAE’s sales gas needs, serving a diverse customer base in more than 20 countries. This international footprint not only highlights ADNOC Gas’s operational scale but also its crucial role in contributing to the energy security of the UAE and surrounding regions.
As the global energy landscape continues to evolve, ADNOC Gas’s ability to adapt and thrive amidst shifting dynamics reinforces its status as a cornerstone of the UAE’s economic growth and a pivotal player in the energy sector. The company’s commitment to investing in infrastructure, increasing production capacity, and enhancing operational efficiency signals a promising trajectory that stakeholders will be watching closely in the coming years.
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