Adnoc Gas aims to restore 80% of Habshan capacity by end of year after Iran war damage

Adnoc Gas aims to restore 80% of processing capacity at the Habshan complex, damaged by Iranian attacks, with the Strait of Hormuz closure contributing to an energy crisis and impacting profitability. Despite reduced revenue and net income projections, the company anticipates offsetting some losses through higher LNG prices. It remains optimistic about future growth driven by increased production and industrial expansion.