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The country is reviving ambitions to become regional LNG hub after clearing petroleum sector arrears

Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel

The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline

Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel

ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors

This represents 31 percent increase YoY

The surplus was directed towards reducing public debt, and therefore there is no cash surplus

LNG production trains allow the government to improve operational efficiency, maximize the use of existing facilities

Cheiron Energy to increase natural gas production from the West Burullus offshore field development project

Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation

Crude petroleum activities declined by 3.3 percent, recording OMR2.55 billion

The new network has been developed by KEZAD Group's subsidiary, KEZAD Utilities & Facilities Management Company, in three phases