Abu Dhabi’s gas sector is steadily recovering from the disruption caused by the US-Iran conflict. The 6.1bn cfd Habshan facility is operating at 85% capacity after suffering damaging Iranian attacks in April (MEES, 15 May), while LNG shipments through the Strait of Hormuz are at their highest level since the start of the conflict.
Adnoc Gas is responsible for processing, transporting, and exporting most of the gas produced in Abu Dhabi. The company reported this week that gas sales rebounded to 751 trillion Btu in Q3 from a record low 567 trillion Btu in the second quarter (see chart). The recovery was distributed evenly across domestic gas sales, natural gas liquids (NGLs) exports and LNG. (CONTINUED - 1179 WORDS)
