ADNOC Gas Posts 24% Rise In Fourth-Quarter Net Income To $1.4B On Better Volumes, Prices

This post was originally published on Forbes Middle East

ADNOC Gas, the natural gas arm of state-owned energy giant Abu Dhabi National Oil Company (ADNOC), said Monday its fourth-quarter net income surged 24% year-on-year to $1.4 billion, driven by strong growth in business volumes and better prices.