UAE's main gas complex to resume full capacity next year after attacks
UAE's major gas hub, hit by regional conflict, will take until 2027 to regain full operational capacity. Operator ADNOC Gas reported a 15% income drop due to 'regional uncertainty' and market challenges. Iran's attacks and the Strait of Hormuz blockade are significantly impacting operations and future earnings, with substantial financial losses anticipated.
UAE's major gas hub, hit by regional conflict, will take until 2027 to regain full operational capacity. Operator ADNOC Gas reported a 15% income drop due to 'regional uncertainty' and market challenges. Iran's attacks and the Strait of Hormuz blockade are significantly impacting operations and future earnings, with substantial financial losses anticipated.
