ADNOC Gas CFO: Asia Has Huge Energy Demand
Original Report
ADNOC Gas has reported full year revenue of $23.5 billion, beating the average analyst estimate. Compared to the year before, that's a drop of 3.9% but full year profit has risen more than 3% y/y....
ADNOC Gas has reported full year revenue of $23.5 billion, beating the average analyst estimate. Compared to the year before, that's a drop of 3.9% but full year profit has risen more than 3% y/y. Peter van Driel CFO of ADNOC Gas spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa on the numbers as well as demand for LNG. (Source: Bloomberg)
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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