Generation
Third formal deal sealed for ADNOC’s mega LNG project
The deal for supplying 0.6 million tonnes per annum (mtpa) of LNG over 15 years formalizes the heads of agreement (HoA) the duo inked in May. The LNG will primarily be sourced from the Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi.
The SPA with EnBW is ADNOC’s second with a German company and third overall for Ruwais LNG. It follows an agreement signed in November with Germany’s SEFE Marketing and Trading and a deal with Malaysia’s Petronas inked in early December.
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