ADNOC LNG inks long-term LNG supply agreements with Vitol, Total

  • Date: 13-Nov-2020
  • Source: Arabian Industry
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC LNG inks long-term LNG supply agreements with Vitol, Total

ADNOC LNG has signed up to a six-year supply agreement with Vitol for the sale of 1.8 million tonnes per annum (mtpa) of post-2022 LNG volumes and a two-year supply agreement with Total for 0.75mtpa of 2021 and 2022 LNG volumes.These new agreements represent a continuation of the trusted relationship ADNOC has built with Vitol and Total, including, most recently, ADNOC's and Vitol's 2019 investment partnership in global storage terminal owner and operator VTTI. In the same vein, Total has operated in the United Arab Emirates for more than 80 years and remains one of ADNOC's most long-standing international partners, with a number of ownership interests across the group.Speaking at the Abu Dhabi International Petroleum Exhibition and Convention (ADIPEC), Fatema Al Nuaimi,