ADNOC signs fist gas export deal for Ruwais facility

ADNOC signs first gas export deal for Ruwais facility

ABU DHABI, December 21, 2023 – ADNOC has signed a 15-year LNG supply agreement with China’s ENN Natural Gas for a minimum of 1 million tonnes per year from its upcoming Ruwais export facility, the Emirati NOC announced on Wednesday.

Deliveries are expected to begin in 2028 once the facility is commissioned.

The Al Ruwais Industrial City’s LNG complex will consist of two trains with a combined capacity of 9.6 million tonnes per year of LNG.

 

The project will more than double ADNOC’s current LNG production capacity.

The asset will be powered by renewables and nuclear grid power, making it the first LNG facility in the Middle East to be powered by renewables and one of the lowest carbon intensive LNG facilities in the world.

The export contract is contingent on ADNOC finalising its FID on the Ruwais LNG project.

“This landmark LNG agreement from our ongoing Ruwais LNG project enhances ADNOC’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase,” said Rashid Khalfan Al Mazrouei, senior vice-president of marketing of ADNOC.

In May 2023, ADNOC changed the location of the facility from Fujairah to the Al Ruwais Industrial City in Abu Dhabi, UAE.

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