Browsing Tag
Ruwais
2 posts
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
How Habshan, Das Island and Ruwais are shaping the future of Adnoc Gas infrastructure
Adnoc Gas expands infrastructure at Habshan, Das Island and Ruwais with $5B investment. Find out how this project reshapes UAE’s gas future.