ADNOC Gas CEO announced plans to invest more than $20 billion to expand processing capacity by 2029. The investment underscores the company’s commitment to meeting rising global energy demand, strengthening supply security, and supporting the UAE’s long-term strategy for sustainable growth in the energy sector.
ADNOC Gas, one of the world’s largest integrated gas processing companies, has unveiled a major investment plan aimed at expanding its processing capacity. The company’s CEO confirmed that more than $20 billion will be invested by 2029, reflecting ADNOC’s ambition to meet growing demand for natural gas while reinforcing its role as a key global energy supplier.
Key highlights
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ADNOC Gas to invest over $20 billion in capacity expansion.
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Target timeline for completion set for 2029.
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Expansion aimed at meeting rising global demand for natural gas.
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Investment will strengthen UAE’s position in global energy markets.
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Focus on enhancing supply security and supporting sustainable growth.
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Project aligns with UAE’s broader energy diversification and climate commitments.
Industry experts note that the investment comes at a time when global energy markets are undergoing significant transformation, with natural gas playing a critical role in the transition toward cleaner fuels. ADNOC Gas’s expansion is expected to provide long-term benefits for both domestic and international markets.
Sources: Reuters, Economic Times, Business Standard