HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.May.2025) — ADNOC Gas plc and its subsidiaries reported net income of $1.27bn and EBITDA of $2.16bn in the first-quarter 2025 (1Q:25), up 7% and 4% respectively compared to the 1Q:24.
The performance was driven firstly by continued demand for domestic gas, which was up compared to the same year ago quarter, owing to strong economic growth in the UAE, which lifted the total sales volume.