AGBI

Adnoc L&S expands fleet to build UAE’s oil export capacity

A subsidiary of state-backed Abu Dhabi National Oil Company (Adnoc) has acquired large liquefied natural gas (LNG) and crude carriers as it seeks to expand its oil shipping capacity. Adnoc Logistics & Services (Adnoc L&S), which trades on the Abu Dhabi Securities Exchange, will pay AED4.8 billion ($1.3 billion) to add five very large gas […]

By AGBI

1 min read

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