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ADNOC Gas reported an incident at the Habshan complex caused by falling debris after interception by air defense systems. One contractor tragically lost his life, and several colleagues were injured during evacuation. The affected area has been isolated, and customer supply remains uninterrupted. The company is assessing the damage.
Dr Sultan Ahmed Al Jaber, Chairman of ADNOC Gas’ Board, said: “In 2025, ADNOC Gas delivered record results amid rising electricity demand, industrial growth, and AI-enabled technologies. Natural gas remains essential for economic progress and digital infrastructure. We advanced strategic projects, including Rich Gas Development Phase 1, while maintaining predictable shareholder returns and a policy of 5% annual dividend growth through 2030. ADNOC Gas is well positioned to deliver sustainable value as global gas demand expands.”
ADNOC Gas posted record net income of $5.2 billion despite a 14% YoY decline in average Brent prices to $69 per barrel. Domestic gas EBITDA grew 10% YoY, supported by 4% YoY sales volume growth and improved commercial terms.
The company completed the largest secondary share offering in the UAE, raising $2.84 billion through 3.1 billion shares. ADNOC Gas was included in the MSCI Emerging Markets Index and FTSE Emerging Index, attracting $750 million in passive inflows and diversifying its global investor base.
ADNOC Gas targets $24.4 billion in dividends for 2025–2030 and has transitioned to quarterly dividend payments from Q3 2025. The 2025 total dividend of $3.584 billion includes an interim dividend of $1.792 billion, a quarterly dividend of $896 million, and a final dividend of $896 million to be paid in May 2026. This aligns with the company’s 5% annual dividend growth policy and is fully supported by strong free cash flow.
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