ADNOC signs 15-Year LNG sales agreement with Mitsui for Ruwais LNG project
ADNOC has announced the signing of a 15-year Sales and Purchase Agreement with Mitsui & Co., Ltd. for the delivery of up to 0.6 million tonnes per annum of lower-carbon LNG from the Ruwais LNG project.
This agreement marks the fifth long-term LNG SPA secured for the Ruwais LNG project and further strengthens ADNOC’s commitment to supporting Japan’s energy security while advancing the supply of cleaner energy globally. Mitsui is also one of the international partners in the Ruwais LNG development, highlighting the enduring energy partnership between the two companies and their shared commitment to sustainable growth.
Scheduled to commence operations in 2028, the Ruwais LNG project is set to become one of the world’s lowest carbon intensity LNG plants, powered by clean energy sources and advanced AI-driven technologies.
With up to 8 mtpa of the project’s total 9.6 mtpa production capacity already committed to customers worldwide, the Ruwais LNG project exemplifies ADNOC’s expanding global presence and its role as a reliable supplier of lower-carbon LNG.
Following the completion of the project, ADNOC Gas is expected to acquire ADNOC’s share in Ruwais LNG at cost, more than doubling its domestically operated LNG production capacity to approximately 15 mtpa and advancing its long-term growth strategy.
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