Abu Dhabi energy company, ADNOC was said to have signed at least three LNG offtake deals with Chinese interests over the weekend following a visit of company representatives to the country.
For example, a term deal was agreed with China's privately controlled ENN Natural Gas.
ENN said on its official WeChat account on Saturday that the deal involved the supply of about 1 mill tonnes for 15 years.
Separately, state oil and gas trader, Zhenhua Oil was reported to have agreed a five year deal with ADNOC starting in 2026 for up to 12 cargoes per year.
Zhenhua's first long-term LNG contract features pricing on a delivered ex ship (DES) basis into Rudong in east China's Jiangsu province.
Some shipments were benchmarked to the Japan Korea Marker (JKM) and others to Brent, a source told Reuters.
China National Offshore Oil Corp (CNOOC) was also believed to have agreed a term deal with ADNOC, according to a state media report.
CNOOC's Gas and Power unit, which is responsible for the state energy company's gas business, signed a five-year deal starting next year for 500,000 tonnes of LNG per annum.
On Saturday, China Energy News reported the deals, but provided little details, the newswire reported.








