ADNOC Gas Reports Historic Second Quarter Results and Increased Dividends

ADNOC Gas Reports Record Financial Performance in Q2

ADNOC Gas, a significant player in the global gas market, has unveiled impressive financial results for the second quarter of 2025, showcasing not only its resilience amid lower price conditions but also its strategic growth initiatives. The company reported net profits of $1.385 billion, marking a 16% increase compared to the same period last year, and the highest quarterly earnings in its history. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 8% year-on-year to reach $2.256 billion.

The second quarter performance was bolstered by robust operations across ADNOC Gas’s portfolio, particularly in its local gas market. The company has strategically established long-term contracts with local clients, which enabled it to offer competitive pricing and improved margins. Furthermore, ADNOC Gas capitalized on opportunities to sell additional volumes at favorable prices, both in the local market and through Liquefied Natural Gas (LNG) exports. This diversified approach has positioned the company well against the volatility seen in oil price fluctuations.

The Board of Directors has also approved a provisional dividend of $1.792 billion, a 5% increase from the previous year, scheduled for distribution in September 2025.

Fatema Al Nuaimi, CEO of ADNOC Gas, expressed her satisfaction with the company’s performance, stating, "We are thrilled to announce the highest quarterly net income in ADNOC Gas's history, driven by our strong local market presence and enhanced operational efficiency. Our results indicate that we are on track to achieve our goal of over 40% growth in EBITDA between 2023 and 2029. With healthy cash flows and solid margins, we remain well-positioned for long-term growth, and our resilient business model continues to deliver substantial returns."

In the first half of 2025, ADNOC Gas increased its capital investment (Capex) by 49% compared to the previous year. The company has made significant headway in its strategic initiatives, including the final investment decision (FID) of $5 billion for the first phase of its Rich Gas Development (RGD) project, bringing the total committed capital to $20 billion. Looking ahead, ADNOC Gas anticipates scaling up its Integrated Gas Development (IGDE-2), maximizing ethane recovery and monetization (MERAM), and making investment decisions on the remaining phases of the RGD project.

Moreover, ADNOC Gas is advancing other growth projects, notably the Ruwais LNG project, which aims to capture a larger share of the LNG market—an increasingly valuable segment in the company’s product offerings.

Continue to bolster its prospects, ADNOC Gas observed significant capital inflows of approximately $500 million following its inclusion in the MSCI Emerging Markets index in June 2025. With its anticipated entry into the FTSE index in September 2025, the company expects additional market inflows of over $200 million, further enhancing its global investment profile and diversifying its investor base.

In an exciting move towards innovation, ADNOC Gas has incorporated artificial intelligence into its operations with the introduction of MEERAi. This tool, designed specifically for executives, provides real-time data insights that empower the board to make informed and swift decisions.

ADNOC Gas’s achievements in the second quarter highlight its operational strength and commitment to exploring new growth avenues, maintaining a strategic advantage in a competitive global gas market. As the company continues to execute its strategic vision, investors and stakeholders remain optimistic about its future trajectory and the promising expansion of its product portfolio.