05/11/2026 02:55 AST

ADNOC Gas has signed an agreement with Etihad Water and Electricity (EtihadWE) to explore natural gas supply for new power generation capacity in the Northern Emirates. The companies announced the deal in Abu Dhabi on November 4.

Suhail Mohamed Faraj Faris Al Mazrouei, Minister of Energy and Infrastructure and chairman of EtihadWE's board, were present at the signing.

The agreement covers future gas supply arrangements for new power plants across the region. The deal opens a new domestic market for ADNOC Gas' growing gas volumes. For EtihadWE, it points to a reliable fuel source for additional capacity.

Fatema Al Nuaimi, chief executive of ADNOC Gas, says the company is investing to meet the UAE's growing energy needs. "ADNOC Gas is investing to meet the UAE's growing energy needs. By expanding our capacity and infrastructure, we can connect new gas supply with new customers, support future power generation and create sustainable long-term value for our shareholders."

Yousif Ahmed Al Ali, chief executive of EtihadWE, outlines a portfolio that balances gas-fired and renewable generation to serve the Northern Emirates' long-term growth. "Our partnership with ADNOC Gas, a global leader in the energy sector, strengthens our access to reliable, long-term gas supplies, supporting our commitment to delivering a secure, resilient and sustainable electricity system for the communities and businesses we serve," he added.

The companies have framed domestic gas as central to the UAE's long-term energy security. Linking new power capacity to locally supplied gas reduces exposure to imported fuels and strengthens the national energy system. It also helps ensure the country has the energy to support economic and population growth.

For ADNOC Gas, a wider domestic customer base creates long-term demand for the extra gas its expansion unlocks. That sits alongside its existing UAE and international markets.

The programme has two main parts. Rich Gas Development will boost gas processing capacity and make more natural gas available to domestic customers. Estidama will upgrade and streamline ADNOC Gas' pipeline network to keep pace with rising demand across the UAE.

Combined, the investments build the infrastructure to carry extra gas from ADNOC Gas' processing plants to current and future customers.


Gulfnews

ADNOC Gas reports $1.34 bn Q3 net income, doubles quarterly profit

10/11/2026

ADNOC Gas reported net income of $1.34 billion for the third quarter of 2026, more than doubling its $665 million profit in the previous quarter, driven by strong performance across its domestic gas,

Trade Arabia

ADNOC Gas, SNOC sign deal to advance UAE gas network integration

09/11/2026

ADNOC Gas has signed a strategic collaboration agreement with Sharjah National Oil Corporation (SNOC) to explore a range of strategic opportunities aimed at strengthening gas supply security and enha

Trade Arabia

Tecnimont, ADNOC Gas break ground on $4.3bn gas project in Abu Dhabi

25/09/2026

Tecnimont, a leading global contractor for highly complex plants, has announced the groundbreaking of its $4.3 billion Rich Gas Development Phase 3 Project in Abu Dhabi, thus marking the launch of a

Trade Arabia

Ticker Price Volume
ADNOCGAS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SAUDIARAMCO 26.10 0.02 (0.07%)
ADNOCDRILL 5.81 0.05 (0.86%)
ADNOCDIST 3.92 0.12 (3.15%)
BAHRI 34.90 0.04 (0.11%)
PETRORABIGH 13.92 -0.41 (-2.87%)
Baladna, Gurmen Group partner to explore textile manufacturing in Syria

11/11/2026

Baladna Q.P.S.C. has signed a memorandum of understanding (MoU) with Turkish-based Gurmen Group to explore the development and operation of a textile manufacturing facility in Syria.

The agr

QNA

Vodafone Qatar, ITPC to explore regional, international connectivity opportunities

11/11/2026

Vodafone Qatar and the Informatics and Telecom Public Company (ITPC) have signed a Joint Cooperation Agreement at Mobile World Congress (MWC) Doha 2026 to establish a framework for collaboration in t

Gulf Times

Dukhan Bank announces November winners in Thara'a account prize draw

11/11/2026

Dukhan Bank has announced the names of the most recent round of draw winners for Thara'a, its Shariah-compliant savings account, at the bank's headquarters.

The draw was recently conducted u

Gulf Times

Commercial Bank named 'Best Retail Bank - Qatar 2026' by The Digital Banker

11/11/2026

Commercial Bank has been named 'Best Retail Bank - Qatar 2026' by The Digital Banker at the Global Retail Banking Innovation Awards 2026.

Shahnawaz Rashid, executive general manager and head

Gulf Times

ADIB launches 'ADIB Arrive' for new UAE residents

11/11/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched ADIB Arrive, a dedicated proposition designed for individuals and families who have recently relocated to the UAE.

Trade Arabia