ADNOC Advances $6.2 Billion Umm Shaif Gas Cap Project Despite Middle East Supply Concerns

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According to the Wall Street Journal, the Abu Dhabi National Oil Company (ADNOC) is proceeding with the $6.2 billion Umm Shaif gas cap development project despite Middle East geopolitical tensions highlighting supply vulnerabilities. The decision reflects ADNOC's confidence in sustained long-term global natural gas demand.
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