ADNOC is selling their minority stakes

The Abu Dhabi National Oil Company has started a method to sell a minority stake in its gas pipeline infrastructure, with a possible deal expected to lift the maximum amount of US$5 billion. The process of the sale, that may well be structured as a semipermanent lease instead of an instantaneous stake sale, is predicted to draw in non-public equity companies and infrastructure funds, consistent with Bloomberg’s sources. A deal may place ....