UAE's ADNOC Gas adjusts LNG production in response to the shipping disruption

ADNOC's gas subsidiary, the state-owned oil company of Abu Dhabi, announced on Monday that it had temporarily adjusted its production of liquefied natural gas and export traded liquids in response to the ongoing shipping disruptions in Strait of Hormuz.

The U.S. and Israeli war against Iran intensified over the weekend, after President Donald Trump warned that he would "obliterate", Iran's nuclear power plants within 48 hours unless if?Tehran reopened the waterway fully. Iranian officials responded by saying that if they were attacked, they would close the waterway and destroy energy and desalination infrastructure across the region.

ADNOC Gas "is actively collaborating with customers and partners on a transaction-by-transaction ?basis to fulfill commitments wherever possible," the company said ?in a stock-exchange disclosure. The company did not provide any further information on its output. Das Island, a facility with a 6 million-metric-ton LNG capacity per year, is located inside the Gulf. Tankers must therefore transit the Strait of Hormuz in order to reach the facility.

ADNOC Gas stated that "operations are continuing safely across ADNOC Gas plc’s asset base." Inspections conducted after debris fell near certain facilities confirmed that no injuries or damage to processing integrity were caused.

After being closed on March 19, the?Habshan?gas?processing?complex, which is one of the largest in terms of capacity, has now reopened.

This suspension was a result of two incidents where debris fell after the successful interception of a missile.

Iran launched a wave of attacks against Gulf energy facilities following Israel's attack on South Pars, Iran’s main gasfield, on 18 March. (Reporting and editing by Thomas Derpinghaus; Yousef SABA)

(source: Reuters)