ADNOC Gas maintains its 5% annual dividend growth commitment with a $3.6 billion distribution for 2025.
ABU DHABI: ADNOC Gas plc and its subsidiaries (collectively, “ADNOC Gas” or the “Company”) announced that shareholders approved all agenda items at its Annual General Meeting (“AGM”), including a record dividend of $3.584 billion for 2025. A final dividend of $896 million is scheduled for payment in May.
The company also reported a recent incident at the Habshan complex caused by falling debris, following a successful interception by air defense systems.
On behalf of the Board, Chairman Dr. Sultan Ahmed Al Jaber extended his heartfelt condolences to the bereaved family and wished the injured a swift recovery. The affected area has been isolated, and customer supply remains uninterrupted through ADNOC Gas’ other facilities. The company is conducting a thorough assessment of the damage.
Dr. Sultan Ahmed Al Jaber, Chairman of ADNOC Gas’ Board of Directors, commented:
“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.
Natural gas remains essential to powering economic progress and digital infrastructure, and ADNOC Gas strengthened its position as a reliable and affordable supplier supporting the UAE and international markets.
Backed by disciplined capital allocation and world-class operational reliability, we advanced strategic growth projects, including Rich Gas Development Phase 1—our largest ever FID—while maintaining our commitment to predictable shareholder returns, including our policy of 5% annual dividend growth through 2030.
As global gas demand continues to expand, ADNOC Gas is uniquely positioned to build on this momentum and deliver sustainable value for the future.”
In 2025, ADNOC Gas delivered a record net income of $5.2 billion, despite a 14% year-on-year (YoY) decline in average Brent crude prices to $69 per barrel, highlighting the resilience of its business model and the strength of its domestic gas portfolio.
EBITDA from the domestic gas business rose 10% YoY, driven by 4% YoY growth in sales volumes and improved commercial terms.
The company also strengthened its capital markets presence, completing the largest secondary share offering ever on the ADX and in the UAE, raising $2.84 billion through the placement of 3.1 billion shares.
Following this, ADNOC Gas was included in both the MSCI Emerging Markets Index and the FTSE Emerging Index, attracting over $750 million in passive inflows and further diversifying its global investor base.
ADNOC Gas has set a dividend target of $24.4 billion for the period 2025–2030 and transitioned to quarterly dividend payments starting in the third quarter of 2025, offering shareholders more frequent and visible returns.
For the 2025 financial year, the total dividend of $3.584 billion comprises: an interim cash dividend of $1.792 billion paid in September 2025, a quarterly dividend of $896 million paid in December 2025, and a final dividend of $896 million scheduled for May 2026.
The 2025 dividend aligns with the Company’s policy of 5% annual dividend growth and is fully supported by robust free cash flow generation, exceeding the 2025 dividend commitment by more than $500 million.
