Money and business

group "ADNOC" It confirms the normal continuity of its business in light of the current regional developments

Abu Dhabi, 7 March / WAM / ADNOC has confirmed the normal continuity of its business despite the current regional developments. The company has activated the approved response procedures, as it works closely with the competent authorities to ensure the safety of its personnel, assets and operational processes.

In light of the ongoing conditions affecting the movement of maritime shipping through the Strait of Hormuz, ADNOC’s subsidiaries are assessing the situation for each product and process separately. ADNOC continues to use the capacity of its export routes that do not pass through the Strait, in addition to its international storage facilities, to ensure continuity of supplies to global markets.

ADNOC’s sales and trade teams continue to communicate proactively with customers whose shipment delivery times may be affected, as ADNOC values ​​its relationships with all of its business partners, and will continue to provide them with the latest developments directly.

As a responsible and reliable energy provider, ADNOC carefully manages offshore production levels to address storage requirements, while maintaining the safety of its employees, assets and facilities. This approach contributes to maintaining the flexibility of the company’s operational operations, enabling it to resume operations as usual while avoiding long delays.

As for ADNOC’s land operations, they are continuing normally.

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