Dossier
ADNOC Gas
Coverage of ADNOC Gas in the Nexus archive.
- Prewar, Gulf corporate profits were on a tear
Gulf corporate profits reached a record $67.9 billion in Q1 2026, driven by Saudi Aramco's $32 billion and regional banks' $16.9 billion. However, the Iran war, which began on Feb. 28, disrupted operations, causing declines at ADNOC Gas and Industries Qatar. The full impact will be assessed in July with Q2 results amid the Strait of Hormuz closure.
- ADNOC Gas: Ready to Export LNG As Soon As Hormuz Reopens
ADNOC Gas is preparing to export LNG as soon as the Hormuz Strait reopens. The company's plans are contingent on the reopening of the strategic waterway. ADNOC Gas aims to capitalize on the anticipated increase in global demand for liquefied natural gas.