Abu Dhabi National Oil Company is pressing ahead with billions of dollars’ worth of investments meant for its strategic gas-based projects despite the current headwinds, aiming to tap into gas cap reserves, exploit technically challenging sour gas fields and develop its unconventional gas deposits.
While the coronavirus pandemic has led to a global glut in the gas market and has seen commodity prices touch historic lows, Adnoc’s gas push is underpinned by the emirate's long-term strategy to achieve self sufficiency and reduce its dependence on imported Qatari gas.
