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UAE's Largest Gas Plant Hit Twice in Early Apr to Be Fully Restored Only in 2027
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According to the Financial Times, the UAE's largest gas plant, which was damaged in Iranian attacks in April, will not be fully restored until 2027, underscoring the prolonged impact of the Middle East war on energy infrastructure in the Gulf region. Adnoc Gas, the operator of the Habshan gas processing plant, said in a statement today (12th) that it is striving to restore the plants processing capacity to 80% by end-2026 and resume full-capacity production in 2027. In early April, as Iran intensified attacks on energy infrastructure of US allies in the region, the plant was hit twice. The plant suspended operations on both occasions due to multiple fires triggered by debris from intercepted drones. Adnoc Gas 1Q26 net profit fell 15% YoY to USD1.079 billion. The company missed out on benefits from rising average oil prices as it was unable to ship liquefied natural gas in March. The UAE is usually the third-largest liquefied natural gas (LNG) producer in the region, exporting about 5 million tonnes annually. However, since the outbreak of war on February 28, Iranian threats to shipping have rendered the Strait of Hormuz nearly impassable. As Iran controls the strait, Qatar, the regions largest LNG producer, has also been unable to export LNG, although it is currently attempting to ship some cargoes. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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