Adnoc Gas posts $665M Q2 net income, beats estimates despite Hormuz disruptions

Adnoc Gas reported $665M Q2 net income, beating estimates despite Strait of Hormuz disruptions. CFO Peter van Driel signaled plans for a new LNG export facility on the UAE east coast. Separately, the UAE has moved more oil through Hormuz than any other country over the past two months.

Detected & updated continuously · Source: Nebula

Story subjects

Adnoc GasStrait of HormuzUnited Arab Emirates

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