Japan’s coal-power generation is rising while natural gas-fired output falls, as conflict in the Middle East chokes supplies of the less-polluting fossil fuel and sends prices higher.
ADNOC Gas and its subsidiaries have reported a net income of $1.1 billion for Q1 2026, highlighting strong operational performance and robust financial health. The company successfully fulfilled domestic customer requirements while efficiently managing logistics, inventories, and supply chains to mitigate the impact of ongoing export disruptions, ADNOC Gas said in a statement.
The consequences of the US/Israel conflict with Iran will lead to a loss of about 120 billion cubic metres (bcm) of global liquefied natural gas supply over the 2026-2030 period, the International Energy Agency has reported.
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