Abu Dhabi’s state oil company ADNOC has agreed to deliver at least 1 mtpa of LNG over a 15-year term to a subsidiary of China’s ENN Natural Gas which sells the fuels onwards to power generators.
The LNG will primarily be sourced from ADNOC’s low-carbon Ruwais LNG project and ADNOC expects deliveries to start in 2028.
Under the deal, Singapore-based LNG aggregators will offtake the contracted volumes and ship them to China, where ENN will distribute it to industrial and utility customers.
ADNOC is fast-tracking the Ruwais LNG project with commercial operations slated to start in five years’ time. When completed, project’s two 4.8 mtpa liquefaction trains will more than double ADNOC’s LNG production capacity to help meet increased global gas demand.
