ADNOC Gas Adjusts LNG Output Amid Strait of Hormuz Shipping Disruptions
The ADNOC Gas subsidiary of Abu Dhabi's state oil firm has made temporary adjustments to its production of liquefied natural gas (LNG) and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz.
The decision was announced on Monday, following a sharp escalation in the US-Israeli war with Iran over the weekend. President Donald Trump threatened to 'obliterate' Iran's power plants within 48 hours unless Tehran fully reopens the waterway.
ADNOC Gas stated that it is collaborating with customers and partners on a transaction-by-transaction basis to fulfill commitments wherever possible, but did not provide further details on output. The Das Island facility, which has an LNG capacity of 6 million metric tons per year, sits inside the Gulf, requiring tankers to transit the Strait of Hormuz.
The Habshan gas processing complex, one of the world's largest with a capacity of 6.1 billion standard cubic feet per day, is now operational after being shut on March 19 due to debris falling near certain facilities.