SEFE Securing Energy for Europe and ADNOC has upgraded a heads of agreement (HoA) into a binding sales and purchase agreement (SPA) regarding long-term supply of LNG from the Ruwais plant.
Supplies are expected to start in 2028.
Under the terms of the SPA, ADNOC will deliver 1 mill tonnes per annum of LNG to SEFE for 15 years.
This marks the first definitive agreement for the supply of LNG from the UAE’s Ruwais project.
Ruwais LNG is currently being developed in Al Ruwais Industrial City, Abu Dhabi and is set to be the first LNG export facility in the Middle East and North Africa (MENA) region to run on clean power, making it one of the world’s lowest-carbon intensity LNG facilities.
Once completed, the plant, which consists of two LNG liquefaction trains with a combined capacity of 9.6 mill tonnes per annum, will more than double ADNOC’s LNG production capacity.
