ADNOC Gas Achieves Unprecedented $5.2 Billion Net Income in 2025

ADNOC Gas Achieves Record Net Income of $5.2 Billion in 2025

ADNOC Gas plc, along with its subsidiaries, has marked a remarkable financial milestone by announcing a net income of $5.2 billion for the fiscal year 2025. This performance signifies a 3% increase from the previous year, showcasing the company's ability to maintain financial stability even amidst fluctuating market conditions. The increase in net income is backed by a 10% growth in the EBITDA of its domestic gas business, primarily driven by a 4% increase in sales volumes compared to the year before.

Strategic Positioning and Growth

Fatema Al Nuaimi, the Chief Executive Officer of ADNOC Gas, expressed that 2025 was a pivotal year for the company. Despite a downturn in oil prices, with the average Brent crude reaching $69—a decline of 14% from the previous year—ADNOC Gas has exhibited resilient earnings. This consistent performance is a testament to their long-term strategic planning that effectively aligns operational capabilities with market demands. As domestic needs for reliable gas supply continue to rise, ADNOC Gas is well-positioned to cater not only to UAE markets but also to international clients.

In response to the anticipated increase in demand for natural gas, ADNOC Gas is making substantial investments in infrastructure. Notable projects include the ADNOC Estidama gas pipeline, which aims to enhance access for industrial consumers and utility companies across the Northern Emirates. This initiative is integral to the UAE's commitment to achieving gas self-sufficiency.

Future Developments

The company is looking ahead to Q1 2026, where it plans to announce Final Investment Decisions (FID) for phases two and three of the Rich Gas Development (RGD) project. This expansion is seen as crucial for increasing ADNOC Gas's capacity by 30% by 2029, further supporting the company's mission to ensure energy security for the UAE while expanding its international market presence.

Despite experiencing softer pricing in the export market during Q4 of 2025, ADNOC Gas recorded net income of $1.2 billion. The company reported a 5% increase in sales volumes compared to the same quarter in 2024, thanks to strong domestic gas performance. This demand remains robust even during milder weather conditions, attributed largely to the robust growth of the UAE's industrial sector, which recorded a GDP growth rate of 4.8% in 2025.

Financial Stability and Shareholder Returns

Capital expenditures have risen to $3.6 billion, reflecting a 98% increase from the previous year. These investments are primarily channeled into major projects including the RGD project, advancing domestic gas processing capacity and increasing the sourcing of richer gas supplies. Moreover, ADNOC Gas has confirmed a dividend of $3.584 billion for 2025, following its policy to increase annual dividends by 5%. This shows that the company not only prioritizes growth but also ensures substantial returns to its shareholders, exceeding the committed dividend by over $500 million.

Conclusion

As ADNOC Gas continues on this path of expansion and robust financial performance, it plays a critical role in supporting the UAE’s industrial growth and energy security. This success story is just the beginning as the company is poised to harness the increasing demand for gas while maintaining a strong commitment to sustainable practices and strategic growth. The ongoing developments highlight ADNOC Gas's pivotal role in the global energy landscape and the UAE’s aspirations for a resilient and future-ready market.