What is Adnoc Gas's proposed alternative to exporting LNG through the Strait of Hormuz, and what is the current status of this plan?

Adnoc Gas is exploring options for a new LNG export facility on the UAE’s east coast to avoid the contested Strait of Hormuz; however, the company has not made any final decision on the plans, as stated by CFO Peter van Driel in a Bloomberg Television interview.

How does Adnoc Gas’s $8.2 billion investment program relate to its LNG export strategy and earnings outlook?

Adnoc Gas is proceeding with $8.2 billion in investments to boost gas production and build new gas-processing facilities to meet rising domestic and Asian demand; this initiative underpins its revised 2030 EBITDA target — a 60% increase, up from an earlier 40% growth aim — driven by expanded capacity, including the Ruwais LNG terminal (set to more than double export capacity to ~15 million tons/year) and recovery of 85% of operations at the damaged Habshan gas-processing facility.

Adnoc Gas Explores New LNG Export Plant to Avoid Hormuz Strait

Aug 9, 2026

Adnoc Gas is evaluating a new LNG export facility outside the Strait of Hormuz to mitigate geopolitical risks. Concurrently, the company plans $8.2 billion in investments to boost production and aims for a 60% EBITDA increase by 2030.

bloomberg

2026-08-09

Adnoc Gas Explores New LNG Export Plant to Avoid Hormuz Strait

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ADNOC Gas Announces $8.2 Billion Rich Gas Development Project

Adnoc Gas Explores New LNG Export Plant to Avoid Hormuz Strait

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