The Habshan gas-processing complex in Abu Dhabi, operated by ADNOC Gas, is currently functioning at 60% capacity following several attacks during the ongoing Middle East conflict. The company plans to increase operations to 80% by the end of 2026, with full restoration expected by 2027. The complex has been targeted multiple times, leading to production halts due to fires caused by falling debris from intercepted projectiles. In its first quarter results, ADNOC Gas reported a 15% decrease in net income, totaling $1.1 billion, attributed to increased regional instability and challenging market conditions. The ongoing blockade of the Strait of Hormuz, a critical passage for global oil and gas, is projected to cost the company between $400 million and $600 million in the second quarter, even if the strait reopens soon. If the strait remains closed until the latter half of 2026, ADNOC Gas anticipates a full-year net income between $3.5 billion and $4.0 billion, down from $5.2 billion last year.