ADNOC today announced the signing of a long-term Heads of Agreement (LNG agreement) with Osaka Gas, one of the biggest utility companies in Japan, for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).
The lower-carbon Ruwais LNG project, which is presently being developed in Al Ruwais Industrial City, Abu Dhabi, and is anticipated to begin commercial operations in 2028, will be the primary source of LNG for this project.
Under the agreement, LNG shipments will be made to the ports designated by Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading Pte. Ltd. (OGEST).
This landmark LNG agreement, our first long-term LNG deal with Osaka Gas, underscores the strong, long-standing energy partnership between the UAE and Japan,” stated Rashid Khalfan Al Mazrouei, Senior Vice President of marketing at ADNOC. This agreement shows our dedication to providing Japan with secure and sustainable energy solutions and further solidifies ADNOC’s standing as a trustworthy and ethical global energy supplier. Our overarching plan to increase our global LNG footprint in order to facilitate the energy transition is supported by the Ruwais LNG project.
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