ADNOC Gas Posts Stunning Profit Recovery as Energy Exports Rebound
ADNOC Gas doubled its net income to $1.34 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. Net income jumped from $665 million for the second quarter…
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