As Middle Eastern states seek new ways to monetise their key oil and gas resources, Abu Dhabi has been leading the way. Since 2019, Adnoc has raised more than $20bn through various projects ranging from leasing out pipeline rights to leveraging its property portfolio (MEES, 4 September 2020), and more such plans are being implemented.
These innovative transactions within the Middle East have enabled it to raise considerable sums without ceding control over its core operations. These sums can then be re-invested into its ambitious upstream and downstream expansion projects. (CONTINUED - 711 WORDS)