Iranian attacks on United Arab Emirates gas infrastructure have resulted in significant financial losses and operational disruptions that will extend well into the coming years, according to multiple reports.

Adnoc Gas, the Abu Dhabi-owned gas company, expects the closure of the Strait of Hormuz to impact its second-quarter net income by between $400 million and $600 million. The company has indicated that the financial ramifications from these disruptions could affect its full-year profit projections.

The damage to UAE gas facilities from Iranian attacks will require extensive repair work, with full restoration not expected until 2027, according to industry assessments. This extended timeline suggests the attacks caused substantial infrastructure damage that will take years to fully address.

The attacks occur amid growing ties between the UAE and Israel, which may have influenced the targeting of UAE energy infrastructure. Reports suggest the UAE may have conducted retaliatory strikes against Iranian positions earlier in the conflict.

Meanwhile, ADNOC Drilling has indicated it stands ready to help expand UAE oil production capacity beyond the current 5 million barrels per day target if requested, potentially offsetting some of the gas production losses from the damaged facilities.