Logos of ADNOC are seen at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo
DUBAI, Aug 4 (Reuters) – State oil giant Abu Dhabi National Oil Company’s gas unit, ADNOC Gas, on Friday reported a 24% decline in revenue for the second quarter from the same period in 2022, citing lower pricing.
ADNOC Gas posted revenue of $5.4 billion in Q2 versus the pro forma adjusted revenue of $7.1 billion in Q2 2022, it said in a statement, adding that Brent prices dropped 31% year-on-year in…
