ADNOC Distribution awaits financial impact of Shell South Africa deal after H2 2027

RIYADH: ADNOC Distribution expects its acquisition of Shell Downstream South Africa’s portfolio to begin contributing to the company’s financial flows after the deal closes in the first half of 2027, according to CEO Bader Saeed Al-Lamki. Completion of the deal will proceed in line with procedures required by the relevant authorities in South Africa, Al-Lamki said in an interview with Alaa Joudy on Asharq Bloomberg.

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