ADNOC secured third 15-year LNG supply contract from its upcoming Ruwais facility

  • Date: 08-May-2024
  • Source: Gulf News
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC secured third 15-year LNG supply contract from its upcoming Ruwais facility



The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, under development in Abu Dhabi's Al Ruwais Industrial City. This is to be the first LNG export facility in the Middle East and Africa region to run on clean power and will leverage new technologies and AI to minimize emissions.

The LNG deliveries are expected to start in 2028.

According to Fatema Al Nuaimi, ADNOC's Executive Vice-President, Downstream Business Management, “This new agreement builds on the UAE-Germany Energy Security and Industry Accelerator and will support Germany as it strives to diversify its energy sources and enhance its energy security.”

The UAE-Germany Energy Security and Industry Accelerator was signed in 2022 aims to advance cooperation in energy security, decarbonization and lower-carbon fuels.

For EnBW, the German company, this is the first LNG contract in the Middle East 'with our experienced partner ADNOC'. "In doing so, we are taking the next step in terms of diversifying our procurement portfolio and establishing our own LNG value chain," said Peter Heydecker, EnBW’s Board Member for Sustainable Generation Infrastructure. "We can also use the experience gained here for our medium-term goal of establishing an import structure for green gases, since the two business fields are very similar.”