ADNOC Sales and Purchase Liquefied Natural Gas Project of Ruwais
ADNOC (Abu Dhabi National Oil Company) Liquefied Natural Gas has signed a significant Sales and Purchase Agreement with SEFE (Southeastern Energy and Fuel Exchange) for the supply of liquefied natural gas (LNG) from the Ruwais LNG project, valued at approximately $20 billion. Read More about Oil and Gas Projects
The 20-year agreement (2025-2045) aims to provide 4.8 million tons of LNG annually, supporting ADNOC ambition to become a top-five global chemicals player and net-zero operations target by 2045. The Ruwais LNG project, located in Al Ruwais, Abu Dhabi, will increase the UAE’s LNG production capacity by 15%. This strategic partnership boosts economic diversification, industrial growth, and energy security in the UAE, with benefits including:
- – Enhanced energy supply to global markets
- – Diversified revenue streams for ADNOC
- – Job creation and local economic stimulation
- – Reduced carbon footprint through lower-carbon intensity LNG production
