Global LNG Demand Surge Drives UAE Expansion Plans

Adnoc Gas CFO, Peter Van Driel, predicts a surge in global liquefied natural gas (LNG) demand as more countries transition to LNG imports. This trend is driving expansion projects, including a new Adnoc plant in Ruwais that will significantly increase the UAE`s LNG export capacity. While Adnoc Gas forecasts a 14% growth in global gas demand over the next decade, exceeding other projections, the company expresses confidence in its ability to meet this demand based on gas reserves, cost management, and market demand.