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Euronews
Euronews
Mohamed Elashi

UAE president chairs ADNOC board meeting as company backs €130bn investment plan

ADNOC has approved a $150 billion (€130bn) capital spending plan for 2026 to 2030, as UAE President Sheikh Mohamed bin Zayed Al Nahyan chaired the company’s annual board meeting at the Habshan complex in Abu Dhabi.

The meeting was held inside ADNOC Gas’ main operations control room, underscoring the strategic importance of Habshan, which supplies around 60% of the UAE’s natural gas to power the country’s energy and industrial sectors.

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