Adnoc has signed a 15-year sales and purchase agreement with the subsidiary of Germany’s SEFE Securing Energy for Europe, SEFE Marketing and Trading Singapore Pte Ltd, for the Ruwais liquefied natural gas (LNG) project in Abu Dhabi.
Adnoc secures a 15-year, 1 million tonnes per annum (mtpa) deal for Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi.
The LNG will primarily be sourced from the Ruwais LNG project, with deliveries expected to start in 2028 upon commencement of its commercial operations, Adnoc said.
The financial value of the deal was not disclosed.
The sales and purchase agreement converts the previous Heads of Agreement between Adnoc and SEFE announced in March into a definitive agreement.
According to Adnoc, “the Ruwais LNG plant is set to be the first LNG export facility in the Middle East and Africa region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world.”
More than 7 million tonnes per annum of Ruwais LNG project’s production capacity has been committed to international customers through long-term agreements.
