Abu Dhabi's TAQA forecasts $518 mln capex for 2019 - CFO - Reuters:
Abu Dhabi National Energy Company (TAQA) has forecast a capital expenditure (capex) of 1.9 billion dirhams ($518 million) for full-year 2019, its chief financial officer said on Thursday.
The state-owned oil explorer and power producer’s capex for the first nine months of this year was 1.2 billion dirhams, Mohammed al Ahbabi said on a conference call.
TAQA, on Wednesday, reported a third quarter net loss attributable to shareholders of 16 million dirhams compared to a net profit of 153 million dirhams a year-ago.
No comments:
Post a Comment