Press Releases

News & Media

May 07, 2024

ADNOC Gas Reports 21% Y-o-Y Increase in Adjusted Net Income to $1,187 Million in Q1 2024, Exceeding Market Expectations

Rising Adjusted Net Income driven by 14% Y-o-Y increase in sales volumes ADNOC Gas’ UAE revenue grows by 10% on the back of strong domestic demand Final and second dividend of $1.625 billion for 2023 was paid in A...

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April 01, 2024

ADNOC Gas Shareholders Approve $3.25 Billion Dividend for 2023, Reinforcing Commitment to Sustainable and Innovation-Led Growth

Final cash dividend of $1.625 billion to be paid in the second quarter of 2024, bringing full-year 2023 dividend to $3.25 billion ADNOC Gas expects to increase dividend progressively by 5% every year over next four...

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February 12, 2024

ADNOC Gas Reports 24% Y-o-Y Increase in Q4 2023 Net Income to $1.35 Billion

Robust full-year performance, reporting $22.7 billion in revenues and $4.7 billion in net income exceeding market expectations Board confirms full-year dividend of $3.25 billion, following payment of interim cash d...

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January 30, 2024

ADNOC Gas Signs 10-year LNG Supply Agreement with GAIL India Limited

This agreement underscores ADNOC Gas’ growing global presence, particularly in the Asian LNG market and further reinforces the relationship between the UAE and India

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November 14, 2023

ADNOC Gas Reports 13% Q-o-Q Increase in Q3 2023 Net Income to $1.1 Billion, Demonstrating Resilient Financial Performance

Company’s Q-o-Q revenue grows by 8% to $5.8 billion, underscoring its ability to capitalize on optimization and growth opportunities Robust nine-month Net Income of $3.4 billion is supported by growth in production...

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November 14, 2023

ADNOC Gas to Distribute Inaugural Interim Cash Dividend of $1.625 Billion

Company intends to pay a further final cash dividend of $1.625 billion (AED5.968 billion) for the financial year 2023 in Q2 2024 Dividend payment is underpinned by ADNOC Gas’ strong and visible future cash flows

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