ADNOC has signed a second long-term Heads of Agreement (LNG agreement) for their Ruwais LNG project.
This 15-year supply agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, will provide 1 million metric tons per annum (mmtpa) of liquefied natural gas (LNG).
The Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi, is set to be one of the lowest-carbon intensity LNG facilities in the world. It will utilize the latest technologies and Artificial Intelligence (AI) tools to drive efficiency and lower emissions.
This is the second long-term LNG supply agreement from the project, following a 15-year agreement with China’s ENN Natural Gas signed in December 2023. Deliveries are expected to begin in 2028, upon the facility’s commercial operations.
This LNG supply agreement reinforces the Energy Security and Industry Accelerator (ESIA) agreement, signed by the UAE and Germany in 2022, further strengthening bilateral cooperation in energy security, decarbonization and climate action. It builds upon ADNOC’s delivery of the first LNG cargo from the Middle East to Germany in 2023, the company stated in a press release.
“This LNG agreement, the first with a European company from the Ruwais lower-carbon LNG project, underscores ADNOC’s position as a reliable and responsible global energy provider. Gas accounts for almost a quarter of Germany’s primary energy use, and we look forward to supporting its efforts to diversify its energy sources and enhance its energy security,” said Fatema Al Nuaimi, Executive Vice President, Downstream Business Management at ADNOC.
For his part, Frédéric Barnaud, Chief Executive Officer of SEFE Marketing & Trading and Chief Commercial Officer of SEFE, said: “SEFE and ADNOC have a long and productive partnership, spanning over 15 years. This LNG supply agreement for the Ruwais LNG project, set to be one of the lowest-carbon intensity LNG projects in the world, marks the start of a new chapter. We aim to further build on our existing relationship and explore joint low-carbon energy developments.”
The Ruwais LNG project is set to be the first LNG export facility in the Middle East and North Africa region to run on clean power. It will consist of two 4.8mmtpa LNG liquefaction trains with a total capacity of 9.6mmtpa, doubling ADNOC’s LNG production capacity to around 15mmtpa.
