ADNOC Gas and its subsidiaries, referred to as ADNOC Gas, have signed a $450m (Dh1.653bn) deal with JERA Global Markets, a utility-backed seaborne energy trader, to supply liquefied natural gas (LNG) over three years.
The agreement reinforces ADNOC Gas’ role as a reliable clean energy supplier while supporting Japan’s energy needs.
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The LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which has an annual production capacity of six million tonnes.
Das Island, said to be the world’s third-longest operating LNG plant, has delivered more than 3,500 LNG cargoes worldwide since it started operations.
JERA Global Markets chairman Kazunori Kasai said: “As a utility-backed trader, JERA Global Markets’ purpose is to provide energy security to the communities that we serve. This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible and competitive.”
LNG plays an important role as a lower-carbon energy source for the global energy transition and aligns with both companies’ sustainability goals.
ADNOC Gas’ Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years, and this deal, building on a similar agreement signed in 2023, strengthens the partnership between the United Arab Emirates (UAE) and Japan.
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By GlobalDataADNOC Gas CEO Fatema Al Nuaimi said: “This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA, solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future. We will continue to support Japan’s energy needs and reinforce our position as a reliable partner in the global LNG market.”
Earlier this year, ADNOC Gas signed a $10bn flexible natural gas sales and purchase agreement for ten years with Emirates Water and Electricity Company to support the UAE’s energy transformation efforts.
