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ADNOC Gas reported strong Q1 profits and signed major LNG supply deals, boosting its market position.
ADNOC Gas reported a 7% increase in net income to $1.27 billion and a 4% rise in EBITDA to $2.16 billion for Q1 2025, exceeding market expectations.
Growth was driven by higher domestic gas demand and efficient plant management.
The company also signed $9 billion in long-term LNG supply agreements with Indian and Japanese firms, boosting its position in lower-carbon fuel markets.
ADNOC Gas plans further investments for long-term growth.
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ADNOC Gas registró fuertes ganancias en el primer trimestre y firmó importantes acuerdos de suministro de GNL, lo que reforzó su posición en el mercado.