UAE’s ADNOC strikes fifth long-term Ruwais LNG supply deal

Abu Dhabi’s ADNOC has sealed a 15-year sales and purchase agreement with Tokyo’s trading and investment company Mitsui & Co., Ltd. for the delivery of up to 0.6 mtpa of lower-carbon LNG from ADNOC’s Ruwais liquefied natural gas (LNG) project.

This marks the fifth long-term LNG sales and purchase agreement for Ruwais LNG, ADNOC said, adding that this deal with further reinforce its commitment to Japan’s energy security and the supply of cleaner energy worldwide. As reported, Mitsui is also one of the international partners in the Ruwais LNG project.

To remind, ADNOC sealed last year a 15-year sales and purchase agreement with Germany’s large operator of energy infrastructure, EnBW Energie Baden-Württemberg AG (EnBW), for the lower-carbon Ruwais liquefied natural gas (LNG) project. The deal for supplying 0.6 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and EnBW into a definitive agreement. The LNG will primarily be sourced from the Ruwais LNG project, whilst the deliveries are expected to start in 2028 upon commencement of its commercial operations.

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