Adnoc Gas Considering Investments to Reduce Reliance on Strait of Hormuz — Market Talk

Disruption in the Strait of Hormuz has strengthened the case for Adnoc Gas to have export capacity on the east coast but who pays for it will be key, Barclays analyst Ramachandra Kamath writes. The U.A.E government is considering options to de-risk its reliance on the waterway, he adds. The key que…