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ADNOC Gas CFO: Asia Has Huge Energy Demand
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Why This Matters
ADNOC Gas reported a 3.9% drop in revenue year-over-year, but a 3% increase in profit, driven by strong demand for LNG in Asia, according to their CFO Peter van Driel.
Market Impact
Market impact analysis based on bullish sentiment with 85% confidence.
Sentiment
Bullish
AI Confidence
85%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
ADNOC Gas has reported full year revenue of $23.5 billion, beating the average analyst estimate. Compared to the year before, that's a drop of 3.9% but full year profit has risen more than 3% y/y. Peter van Driel CFO of ADNOC Gas spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa on the numbers as well as demand for LNG. (Source: Bloomberg)
Original article published by
Bloomberg
on February 9, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.