ABU DHABI, March 23 (SANA) ADNOC Gas, the gas subsidiary of Abu Dhabi National Oil Company (ADNOC), said Monday it made temporary adjustments to its production of liquefied natural gas (LNG) and export-traded liquids due to ongoing shipping disruptions in the Strait of Hormuz.
According to Reuters, the company said in a stock exchange disclosure that it is working closely with customers and partners on a “transaction-by-transaction basis” to fulfill its commitments, without providing further details on production levels.
ADNOC Gas confirmed that operations continue safely across its assets after debris fell near some facilities last week, adding that there has been no impact on core operations.
The company’s liquefaction facilities are located on Das Island, requiring tankers to pass through the Strait of Hormuz, with a production capacity of about 6 million tons of LNG annually.
The closure of the Strait of Hormuz and disruption of navigation have caused widespread volatility in global energy markets, as the key maritime corridor for transporting oil and gas has become nearly paralyzed amid the U.S.-Israeli-Iranian war.
IZ/RK
