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ADNOC signs LNG agreement with EnBW

The agreement signing. (Image source: ADNOC)

Industry

ADNOC has signed a 15-year LNG agreement with Germany’s EnBW Energie Baden-Württemberg AG (EnBW), for the delivery of 0.6 million metric tonnes per annum (mmtpa) of LNG

The LNG will mainly come from ADNOC’s Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG plant is set to be the first LNG export facility in the Middle East and Africa region to run on clean power, and will leverage the latest technologies and AI tools to minimise emissions and drive efficiency. When completed, the project, which consists of two 4.8mmtpa LNG liquefaction trains with a total capacity of 9.6 mmtpa, will more than double ADNOC’s LNG production capacity to around 15mmtpa.

Third agreement

This agreement marks the third long-term LNG supply agreement from the project, following those signed with China’s ENN Natural Gas in December 2023 and Germany’s Securing Energy for Europe GmbH (SEFE) in March 2024, for 1 mmtpa each. 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 continues to gain momentum, reinforcing ADNOC’s position as a reliable global natural gas provider. This new agreement builds on the UAE-Germany Energy Security and Industry Accelerator and will support Germany as it strives to diversify its energy sources and enhance its energy security.”
The LNG agreement is contingent upon a final investment decision (FID) on the project, expected this year, and the negotiation of a definitive Sale and Purchase Agreement between the two companies.