Abu Dhabi’s national oil company ADNOC has signed a new deal to supply LNG from a planned large export facility to a German firm. “We are delighted that EnBW has signed its first LNG contract in the Middle East with our experienced partner ADNOC. The deal with EnBW is the third long-term LNG supply agreement from the Ruwais LNG project. Earlier this year, Germany’s state-controlled firm Securing Energy for Europe (Sefe) signed a deal with ADNOC, under which Abu Dhabi’s company will supply LNG to Germany for 15 years beginning in 2028. ADVERTISEMENTFor ADNOC, the deal was yet another export outlet for its LNG project as the UAE’s giant looks to play a larger role in global LNG supply.

Source: The North Africa Journal May 08, 2024 18:04 UTC