Abu Dhabi’s ADNOC has sealed a 15-year sales and purchase agreement with Tokyo’s trading and investment company Mitsui & Co., Ltd. for the delivery of up to 0.6 mtpa of lower-carbon LNG from ADNOC’s Ruwais liquefied natural gas (LNG) project.
This marks the fifth long-term LNG sales and purchase agreement for Ruwais LNG, ADNOC said, adding that this deal with further reinforce its commitment to Japan’s energy security and the supply of cleaner energy worldwide. As reported, Mitsui is also one of the international partners in the Ruwais LNG project.
To remind, ADNOC sealed last year a 15-year sales and purchase agreement with Germany’s large operator of energy infrastructure, EnBW Energie Baden-Württemberg AG (EnBW), for the lower-carbon Ruwais liquefied natural gas (LNG) project. The deal for supplying 0.6 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and EnBW into a definitive agreement. The LNG will primarily be sourced from the Ruwais LNG project, whilst the deliveries are expected to start in 2028 upon commencement of its commercial operations.
UAE’s ADNOC also signed last year, among other contracts, a 15-year LNG supply deal with Malaysia’s Petronas for the Ruwais liquified natural gas (LNG) project and 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.
ADNOC in a short statement on Wednesday 16 in the social media claimed that the Ruwais LNG, which is set to start operations in 2028, will be one of the lowest-carbon intensity LNG plants globally, powered by clean energy and advanced AI-driven technology.
“With up to 8 mtpa of its 9.6 mtpa capacity already committed to customers across the world, Ruwais LNG underscores ADNOC’s growing global footprint and its role as a reliable global supplier of lower-carbon LNG,” ADNOC stated.
Upon project completion, ADNOC Gas is expected to acquire ADNOC’s share in Ruwais LNG at cost, more than doubling its domestic operated LNG production capacity to ~15 mtpa.
