Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

AlwaysFree: ADPF, ADQ to Invest in ADNOC Gas Pipelines

Author: SSESSMENTS

On Thursday, Abu Dhabi National Oil Co. (ADNOC) announced that Abu Dhabi Pension Fund (ADPF) and state holding firm ADQ would invest in ADNOC Gas Pipelines.

Both firms will invest USD2.1 billion in the asset, which makes up 20% of the total stake of the project of 38 gas pipelines covering 982 kilometers.

Tags: AlwaysFree,English,Gas,Middle East,UAE

Published on October 16, 2020 5:28 PM (GMT+8)
Last Updated on October 16, 2020 5:28 PM (GMT+8)