ADNOC has signed a 15-year Heads of Agreement with ENN LNG (Singapore) Pte. Ltd., a subsidiary of ENN Natural Gas Co. Ltd., for the supply of at least 1 million metric tons per annum (mmtpa) of liquefied natural gas (LNG).
The LNG will primarily come from ADNOC’s Ruwais LNG project in Al Ruwais Industrial City, Abu Dhabi. Deliveries will commence in 2028 upon the facility’s commercial operations launch.
“This landmark LNG agreement from our ongoing Ruwais LNG project enhances ADNOC’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase,” said Rashid Khalfan Al Mazrouei, ADNOC Senior Vice President of Marketing. “We are making excellent progress in delivering this strategic project as we grow our portfolio of lower-carbon energy solutions to enable the energy transition, and we will continue to support our customers and partners on this journey.”
The Ruwais LNG project, slated to be the first MENA region LNG export facility powered by clean energy, aims to be among the world’s lowest-carbon-intensity LNG plants. It supports ADNOC’s Net Zero by 2045 ambition.
Upon completion, featuring two 4.8 mmtpa LNG liquefaction trains with a total capacity of 9.6 mmtpa, the project will substantially increase ADNOC’s LNG production capacity to meet growing global natural gas demand. However, the LNG agreement is subject to a final investment decision (FID) on the project, regulatory approvals, and negotiation of a definitive Sale and Purchase Agreement between the companies.
