ADNOC Gas reported resilient 1Q earnings, with net income beating analyst estimates despite disruption to exports through the Strait of Hormuz. The company is also managing the impact of recent incidents at its Habshan facility, with plans to reach 80% capacity by the end of 2026. Peter van Driel, CFO of ADNOC Gas spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the disruptions caused by the closure of the Strait of Hormuz.
(Source: Bloomberg)
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