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ADNOC Gas Posts Stunning Profit Recovery as Energy Exports Rebound

ADNOC Gas Posts Stunning Profit Recovery as Energy Exports Rebound

34 billion for the third quarter from the previous quarter as it raised its domestic gas sales and LNG and sulfur exports. The gas arm of Abu Dhabi’s national energy company ADNOC on Tuesday reported strong performance across its domestic gas, LNG, export-traded liquids ETL, and sulfur businesses. 03 billion. ADNOC Gas’ domestic sales rose by 20% quarter-on-quarter, supported by resilient demand, while robust margins lifted domestic gas EBITDA by 28% in the same period.

The company also scaled up its international product sales, lifting EBITDA by 106% quarter-on-quarter. Sulfur sales provided additional earnings support, with EBITDA surging by 249% between July and September. ADNOC Gas’ board approved a quarterly dividend of $940 million, up by 5% year-on-year and payable in December 2026.

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