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Investment Case

Investment Case
We are a world-class integrated gas processing Company that is vital to ADNOC and to the Abu Dhabi and UAE energy ecosystems. 
ESG is at the core of our operations, and in line with ADNOC’s vision. We are focused on decarbonization efforts and believe it can help drive the energy transition in the UAE.

Our exceptional asset base delivers optimized yields and volumes, capacity utilization, availability and reliability, which has translated into strong pro forma returns. Our differentiated platform benefits from a combination of favorable cost structure with rich, largely contracted molecules that mix attractive margins with dependable demand. We expect to benefit from projected robust, long-term global demand through our tangible growth opportunities. 

We have a highly experienced management team with a strong track record, backed by a highly supportive shareholder. We have a progressive dividend policy where we expect to grow the dividend per share by 5% per annum over 2024 – 2027.
 
 We are a world-class integrated gas processing Company that is vital to ADNOC and to the Abu Dhabi and UAE energy ecosystems.
60 %
We supply 60%
of the UAE’s sales gas needs
10 bn
We have access to
10 bn standard cubic feet
per day of gas processing capacity
Net 0
We are helping drive
towards ADNOC’s Net Zero
by 2045 emission ambition
$ 22.7 bn
ADNOC Gas robust full-year
performance reported Revenue for
FY 2023
Our Strategy

  • We are focused on increasing our production capacity to maximize output and benefit from the ADNOC Group’s 2030 integrated strategy, which includes increasing capacity of oil, gas and low carbon/renewable energy production as part of its accelerated growth strategy.
  • Due to our critical role in the UAE’s energy value chain, we expect to benefit from ADNOC’s plans to expand upstream production and accelerate growth of Abu Dhabi’s energy resources.
  • ADNOC and the UAE have made significant investments in the energy sector and expect to continue to do so, with ADNOC announcing in late 2022 its 5-year $150 billion group investment program, a major growth catalyst with numerous direct and indirect advantages for us.
  • ADNOC's sizable investment program aims to deliver transformative steps to make the lower carbon intensity energy that the world requires available today, while investing in the clean energies of tomorrow.

  • As the lowest emission hydrocarbon molecule, gas is a key fuel in the energy transition and its criticality for energy security is expected to drive high and growing demand for our products around the world.
  • We remain fully committed to the decarbonization of our operations and the UAE's and ADNOC’s sustainability goals through the implementation of several initiatives such as zero carbon grid power electrification projects and the implementation of carbon capture across sites.
  • Through our decarbonization roadmap, we are aiming to support ADNOC in fulfilling its 25% reduction target in greenhouse gas (GHG) emissions intensity by 2030 helping drive towards ADNOC’s net zero emission ambition by 2050.
  • Our GHG abatement plan has the potential to reduce the Company’s projected GHG emissions by 40% by 2030, compared to the projected 2030 unabated profile.
  • A large portion of our potential GHG reduction is expected to be achieved by way of carbon capture through the deployment of technologies that aim to leverage the UAE's natural geological advantage.
  • Our operations are fully aligned with the UAE’s ambitions, particularly around net zero, and the broader ADNOC Group, which has a well-developed and robust ESG framework across emissions, the local environment, economic and social contributions, workforce, HSE and overall governance.

  • Our growth strategy relies on upgrading and debottlenecking gas processing capacity and enhancing the growth of liquids recovery and liquefaction capacity, which is expected to result in an increase in the share of high-margin products output.
  • We have several gas processing projects at various stages of development, with potential to deliver over 2.8 bscfd of incremental gas processing capacity and approximately 6 mtpa of additional liquids production capacity (excluding Fujairah LNG) by 2028.