06-08-2025
Adnoc Gas CFO: Expect Rich Gas Project to Hike Capacity by 10%
Adnoc Gas expects the Rich Gas Development project to raise its production capacity by more than 1.5 billion cubic feet per day. The three phases of the project will raise Adnoc Gas's output capacity by about 10%. The CFO Peter van Driel spoke to Joumanna Bercetche on Horizons Middle East & Africa after reporting record 2Q results, including a profit beat of 16% year on year. (Source: Bloomberg)