ADNOC Gas Shareholders Approve Record $3.584 Billion Dividend for 2025 as Company Reports Strong Financial Performance
ADNOC Gas has confirmed that shareholders approved all agenda items during the company’s Annual General Meeting (AGM), including a record dividend payout of $3.584 billion for the 2025 financial year. The approval reinforces the company’s commitment to delivering consistent and predictable returns to investors while maintaining strong operational performance across its gas processing and distribution network.
As part of the dividend structure, a final dividend of $896 million is scheduled to be paid in May 2026, completing the full-year distribution to shareholders. The dividend decision reflects the company’s solid financial position, strong free cash flow generation, and continued growth across its domestic and international operations.
Incident at Habshan Complex
During the AGM update, the company also addressed a recent incident at its Habshan gas processing complex. The event occurred when falling debris impacted the site following a successful interception by regional air defense systems.
Tragically, the incident resulted in the death of one contractor working at the facility. Several other employees were injured during the evacuation process. The company expressed its deep condolences to the family of the deceased and extended support to those affected by the incident.
Chairman Sultan Ahmed Al Jaber conveyed the board’s sympathy and emphasized the company’s commitment to safety and employee welfare.
“On behalf of the Board of Directors, we extend our heartfelt condolences to the family of the contractor who tragically lost his life and wish a swift recovery to those injured,” he stated.
The company confirmed that the impacted section of the facility has been isolated for safety and inspection purposes. Despite the incident, ADNOC Gas reported that customer supply has remained uninterrupted, as production and delivery continue through the company’s other operational facilities.
A comprehensive assessment of the damage is currently underway to ensure the safe restoration of operations at the affected section.
Strong Performance in a Changing Energy Landscape
During the meeting, Dr. Al Jaber also highlighted the company’s strong performance throughout 2025, noting that ADNOC Gas achieved record financial results despite challenging market conditions.
Global energy markets in 2025 were characterized by fluctuating commodity prices, growing electricity demand, and rapid expansion of digital infrastructure. Rising industrial activity and the accelerating deployment of AI-enabled technologies significantly increased electricity consumption worldwide, strengthening the role of natural gas as a reliable energy source.
Dr. Al Jaber explained that natural gas continues to play a critical role in supporting economic development and powering emerging technologies.
“In 2025, ADNOC Gas delivered record results amid an evolving global energy landscape shaped by rising electricity demand, industrial growth, and the rapid scaling of AI-enabled technologies,” he said.
“Natural gas remains essential to powering economic progress and digital infrastructure, and ADNOC Gas has strengthened its position as a reliable and affordable supplier supporting both the UAE and international markets.”
He added that the company’s disciplined capital allocation strategy and high operational reliability allowed ADNOC Gas to move forward with key strategic projects while continuing to deliver strong returns for shareholders.
Record Financial Results
Despite a challenging pricing environment, ADNOC Gas posted record net income of $5.2 billion in 2025. This achievement came even as the average Brent crude oil price declined by approximately 14% year-on-year, averaging $69 per barrel.
The company credited its strong performance to the resilience of its business model and the strength of its domestic gas portfolio. ADNOC Gas operates one of the world’s largest integrated gas processing networks, enabling it to maintain stable earnings even when global commodity prices fluctuate.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) from the company’s domestic gas operations increased by 10% year-on-year, driven by higher sales volumes and improved commercial terms.
Sales volumes rose by 4% year-on-year, reflecting growing demand for natural gas in power generation, industrial applications, and export markets.
Strategic Growth Investments
During 2025, ADNOC Gas also advanced several major development projects aimed at expanding production capacity and strengthening its long-term growth prospects.
One of the most significant milestones was the final investment decision (FID) for the Rich Gas Development Phase 1 project, the largest investment decision ever undertaken by the company.
The project is designed to increase processing capacity for rich natural gas and enhance the company’s ability to extract valuable components such as natural gas liquids and condensates. These products are essential feedstocks for petrochemical manufacturing and other industrial processes.
According to company leadership, the project represents a key pillar of ADNOC Gas’ long-term strategy to maximize value from the UAE’s natural gas resources while supporting the country’s energy security and economic growth.
Strengthening Capital Market Presence
ADNOC Gas also achieved several milestones in the capital markets during 2025, further strengthening its position among global investors.
The company successfully completed the largest secondary share offering ever conducted on the Abu Dhabi Securities Exchange (ADX) and in the United Arab Emirates. Through the placement of 3.1 billion shares, the company raised approximately $2.84 billion, significantly expanding its investor base.
Following the offering, ADNOC Gas was included in major international equity indices, including the MSCI Emerging Markets Index and the FTSE Emerging Index.
Inclusion in these widely tracked indices attracted more than $750 million in passive investment inflows, as global funds that track these benchmarks automatically added ADNOC Gas shares to their portfolios.
This development further diversified the company’s shareholder base and increased international exposure to the UAE’s rapidly growing energy sector.
Long-Term Dividend Strategy
One of the central themes of the AGM was ADNOC Gas’ long-term commitment to shareholder returns. The company reaffirmed its dividend growth policy, which targets 5% annual dividend increases through 2030.
As part of this strategy, ADNOC Gas has set a total dividend target of $24.4 billion between 2025 and 2030.
To enhance transparency and provide investors with more regular returns, the company also introduced quarterly dividend payments starting in the third quarter of 2025. This shift from semi-annual payments provides shareholders with more frequent distributions and greater visibility into cash flow generation.
Breakdown of the 2025 Dividend
The total dividend distribution for the 2025 financial year amounts to $3.584 billion and is structured across three payments:
- $1.792 billion interim cash dividend, paid in September 2025
- $896 million quarterly dividend, paid in December 2025
- $896 million final dividend, scheduled for payment in May 2026
The dividend is fully supported by ADNOC Gas’ strong free cash flow generation. In fact, the company reported that free cash flow exceeded the 2025 dividend commitment by more than $500 million, highlighting the sustainability of its payout policy.
Source Link: https://adnocgas.ae/
