ADNOC Gas Pipelines
Deal value: $20.7 billion
In one of the largest ever global energy infrastructure transactions, the Abu Dhabi
National Oil Company
(ADNOC) announced in
June a $20.7 billion Energy Infrastructure Deal in its gas pipeline business, which will bring $10.1 billion in foreign direct investment into the U.A.E. from a variety of international investors. ADNOC will still hold a 51% majority stake. ADNOC Gas Pipeline is a newly formed subsidiary of ADNOC with lease rights to 38 gas pipelines covering 982.3 kilometers.