Adnoc has announced that it is considering selling an additional 3% to 5% stake in Adnoc Gas Plc. This could generate over $3.5 billion based on recent market prices.
Adnoc believes that the value of Adnoc Gas could be further increased by including it in broader market indexes and expanding its shareholder base. This move is in line with Adnoc's goal of maximizing the potential of its gas unit in the competitive energy sector.