Adnoc is reportedly considering selling an additional stake in its gas business, Adnoc Gas. The state energy firm is evaluating the divestment of 3% to 5% of its gas unit, with discussions remaining confidential at this stage.
If the company proceeds with a 5% stake sale, it could be valued at over $3.5 billion based on recent market performance. This potential move highlights Adnoc's ongoing strategy to optimize its asset portfolio and attract investment in its gas sector.