ADNOC signs long-term LNG Heads of Agreement with ENN LNG, Singapore

  • Date: 20-Dec-2023
  • Source: Saudi Gulf Projects
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC signs long-term LNG Heads of Agreement with ENN LNG, Singapore

ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with ENN LNG (Singapore) Pte. Ltd., a wholly-owned subsidiary of ENN Natural Gas ...

The post ADNOC signs long-term LNG Heads of Agreement with ENN LNG, Singapore appeared first on SaudiGulf Projects.ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with ENN LNG (Singapore) Pte. Ltd., a wholly-owned subsidiary of ENN Natural Gas Co. Ltd. (ENN Natural Gas), for the delivery of at least 1 million metric tons per annum (mmtpa) of liquefied natural gas (LNG).

The LNG will primarily be sourced from ADNOC’s low-carbon Ruwais LNG project, currently being developed in Al Ruwais Industrial City, Abu Dhabi. The deliveries are expected to start in 2028 upon the commencement of the facility’s commercial operations.

Rashid Khalfan Al Mazrouei, ADNOC Senior Vice President of Marketing, said, “This landmark LNG agreement from our ongoing Ruwais LNG project enhances ADNOC’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase. We are making excellent progress in delivering this strategic project as we grow our portfolio of lower-carbon energy solutions to enable the energy transition,