The Abu Dhabi National Oil Company (ADNOC) has confirmed that its operations remain uninterrupted, despite the current developments in the region.
The company has activated its well-established protocols and is working closely with the relevant authorities to protect its people, assets, and operations.
According to the statement, business units are assessing the situation on a product-by-product and transaction-by-transaction basis, considering the ongoing disruption that is affecting shipping through the Strait of Hormuz.
The war, now in its eighth day, has disrupted shipments through the Strait of Hormuz, a vital waterway that accounts for approximately 20 percent of the world’s oil and LNG supply.
The company stated that ADNOC continues to utilize export capacity that bypasses the Strait and its international storage facilities, ensuring supply continuity to global markets.
Furthermore, ADNOC’s sales and trading teams are proactively engaging with affected customers where shipment schedules may be impacted.
ADNOC values its relationships with its commercial partners and will continue to communicate the latest available information directly with them.
As a responsible operator, ADNOC is carefully managing offshore production levels to address storage requirements while maintaining the safety of its people, assets, and facilities. This approach preserves operational flexibility, enabling the company to resume normal operations without prolonged delay.
The company has also confirmed that its onshore operations continue without disruption.
ADNOC
ADNOC is one of the world’s leading energy companies, responsible for the exploration, production, and distribution of oil and gas across the UAE. With a diverse portfolio spanning conventional and unconventional resources, it plays a crucial role in the global energy market.
The company is focused on expanding its natural gas production to meet rising domestic demand and reduce reliance on imports, while also making significant strides towards sustainability.
