ADNOC Gas has signed a three-year liquefied natural gas (LNG) supply agreement with Japan JERA Global Markets. As per the agreement valued at $450 million, ADNOC will supply the LNG  from its Das Island liquefaction facility, which has a production capacity of approximately 6.0 million tons per annum (mtpa).

“This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future,” said Fatema Al Nuaimi, CEO of ADNOC Gas. “We will continue to support Japan’s energy needs and reinforce our position as a reliable partner in the global LNG market.”

Considered as the world’s third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since beginning operations. Its facilities have been supplying LNG to Japanese energy companies for 48 years.

“As a utility-backed trader, JERA Global Markets’ purpose is to provide energy security to the communities that we serve. This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive,” said Kazunori Kasai, Chief Optimization Officer, JERA Co., Inc. and Chairman, JERA Global Markets.