ADNOC has signed a 15-year Sales and Purchase Agreement (SPA) with Japan’s Osaka Gas for the delivery of up to 0.8 million tons per annum (mtpa) of Liquefied Natural Gas (LNG) from Ruwais LNG project in the UAE.

The SPA, the fourth signed for Ruwais LNG, converts a previous Heads of Agreement into a definitive agreement and marks the first long-term LNG sales agreement between ADNOC and Osaka Gas.

The LNG will be primarily sourced from the Ruwais LNG project, which is under development in Al Ruwais Industrial City, Abu Dhabi, and is scheduled to start commercial operations in 2028.

To date, up to 8 mtpa of the Ruwais LNG project’s 9.6 mtpa production capacity has been committed to international buyers across Asia and Europe through long-term arrangements.

Rashid Khalfan Al Mazrouei, ADNOC Senior Vice President, Marketing, said: “This agreement with Osaka Gas reinforces our long-standing energy partnership with Japan and supports our strategy to expand our global LNG footprint. Through our world-class Ruwais LNG project, ADNOC will continue to provide more lower-carbon gas to meet growing global demand, fuel industries and power homes.”

Under the agreement, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading Pte. Ltd. (OGEST).

For his part, Keiji Takemori, Osaka Gas Executive Vice President, said: “The relationship between Abu Dhabi and our home base Osaka dates back to 1970, marked by the opening of the Abu Dhabi Pavilion at the Expo’70 in Osaka.”

“This year, Osaka once again hosts the World Expo, and we are delighted to announce the signing of a long-term LNG Sale and Purchase Agreement with ADNOC in this landmark year. ADNOC has been a reliable LNG supplier to Japan for nearly half a century. This new contract, with such a trusted LNG provider, will help ensure a stable energy supply for our customers,” Takemori added.