ADNOC has signed a 15-year heads of agreement with German energy company EnBW Energie Baden-Württemberg AG for delivery of 600,000 tonnes/year (tpy) of LNG.
The LNG will primarily be sourced from ADNOC’s Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi (OGJ Online, May 2, 2023).
This agreement marks the third long-term LNG supply agreement from the project (OGJ Online, Mar. 18, 2024; Dec. 26, 2023). The deliveries are expected to start in 2028, upon commencement of commercial operations.
Fatema Al Nuaimi, ADNOC executive vice-president, downstream business management, said the Ruwais LNG project reinforces the company’s position as a reliable global natural gas provider and that the new agreement “will support Germany as it strives to diversify its energy sources and enhance its energy security.”
The UAE-Germany Energy Security and Industry Accelerator (ESIA), signed in 2022, aims to advance cooperation in energy security, decarbonization and lower-carbon fuels.
The LNG agreement is contingent upon a final investment decision (FID) on the Ruwais LNG project, including regulatory approvals, and the negotiation of a definitive sale and purchase agreement between the two companies.
When completed, the project, which consists of two 4.8 million tpy LNG liquefaction trains with a total capacity of 9.6 million tpy, will more than double ADNOC’s LNG production capacity to around 15 million tpy.
