ADNOC, RWE sign deal for first LNG delivery to FLNG terminal in Germany

Sept. 30, 2022
ADNOC and RWE signed an agreement for a first shipment of LNG to arrive in Brunsbüttel, Germany, this year, as well as an MoU for multiyear supplies starting in 2023.

Abu Dhabi National Oil Co. (ADNOC) and RWE signed an agreement for a first shipment of LNG to arrive in Brunsbüttel, Germany, this year, as well as a memorandum of understanding (MoU) for multiyear supplies starting in 2023.

The first delivery of LNG will be routed to Elbehafen LNG near Hamburg. Elbehafen LNG will operate one of the two floating storage and regasification units (FRSU) RWE chartered on behalf of the German government.

The cargo is expected to be shipped from Das Island, Abu Dhabi, and to arrive in Germany in late December 2022. The 137,000-cu m cargo will be the first supplied to the German gas market via the floating LNG import terminal at Brunsbüttel as Germany looks to build LNG supply infrastructure and set up a more diversified gas supply.

The MoU for multiyear LNG supplies from ADNOC can be delivered to Germany through either floating or land-based regasification terminals as these become operational, RWE said.

RWE also signed an MoU with Masdar, Abu Dhabi’s flagship renewable energy company, to explore cooperation in offshore wind in various countries.