23
Thu, Jan

Abu Dhabi’s ADNOC seals 15-year deal with EnBW for Ruwais LNG Project

LNG LPG News
 

Abu Dhabi’s ADNOC has sealed a 15-year sales and purchase agreement (SPA) with Germany’s large operator of energy infrastructure, EnBW Energie Baden-Württemberg AG (EnBW),

for the lower-carbon Ruwais liquefied natural gas (LNG) project.

The deal for supplying 0.6 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and EnBW into a definitive agreement.

The LNG will primarily be sourced from the Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi.

The deliveries are expected to start in 2028 upon commencement of its commercial operations.

To date, over 8 mtpa of the project’s 9.6 mtpa production capacity has been committed to international customers through long-term agreements.

The agreement with EnBW is ADNOC’s second SPA with a German company for Ruwais LNG, following a 15-year, 1 mtpa agreement signed in November with SEFE Marketing and Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH.

The deal builds on the UAE-Germany Energy Security and Industry Accelerator (ESIA) agreement, signed by the

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