ADNOC Gas inks LNG supply agreement with JERA Global Markets

ADNOC Gas plc and its subsidiaries have signed a US$450mn three-year LNG supply agreement with Japan’s JERA Global Markets, building on the strong UAE-Japan relationship and aligning with ADNOC’s ambitions to strengthen its position in the global LNG market

The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of around six million tons per annum (mtpa) and has shipped over 3,500 LNG cargoes worldwide since beginning operations.

Robust UAE-Japan relationship

Fatema Al Nuaimi, chief executive officer of ADNOC Gas, said, "This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future. We will continue to support Japan’s energy needs and reinforce our position as a reliable partner in the global LNG market.”

Kazunori Kasai, chief optimization officer, JERA Co., Inc. and chairman, JERA Global Markets, said, “As a utility-backed trader, JERA Global Markets’ purpose is to provide energy security to the communities that we serve. This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive.”

ADNOC Gas’ Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years. This latest agreement, building upon a similar 2023 supply agreement, further cements the legacy of collaboration between the UAE and Japan, reflecting ADNOC Gas' role as a preferred LNG supplier to key global markets.

As a lower-carbon energy source, LNG plays a critical role as a transition fuel. ADNOC has ambitions to significantly grow its LNG capacity and strengthen its position as a global LNG player, shipping LNG to a growing range of international markets in Asia, Europe and beyond. Earlier this month, ADNOC Gas awarded contracts for facilities to transport feedstock to the Ruwais LNG project, which it is developing on behalf of ADNOC. When fully operational, the Ruwais LNG plant will more than double ADNOC Gas’ current LNG production capacity to more than 15 million tonnes per annum (mtpa). More than 7MTPA of its production capacity is already committed to international customers under long-term agreements.