ADNOC has signed an agreement for the supply of LNG to ENN LNG (Singapore), a wholly owned subsidiary of China-based ENN Natural Gas.
Under the 15-year heads of agreement, ADNOC will deliver at least 1mtpa of LNG to ENN LNG (Singapore).
The LNG will be mainly sourced from ADNOC’s low-carbon Ruwais LNG project in Al Ruwais Industrial City, Abu Dhabi.
ADNOC plans to commence LNG deliveries in 2028.
Currently under development, the Ruwais LNG project is expected to be the first LNG export facility in the Middle East and North Africa region to use renewable power.
The project, which supports ADNOC’s 2045 net-zero emissions target, will comprise two LNG liquefaction trains with a total capacity of 9.6mtpa.
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It is expected to more than double the company’s LNG production capacity to help meet increasing natural gas demand globally.
ADNOC marketing senior vice-president Rashid Khalfan Al Mazrouei said: “This landmark LNG agreement from our ongoing Ruwais LNG project enhances ADNOC’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase.
“We are making excellent progress in delivering this strategic project as we grow our portfolio of lower-carbon energy solutions to enable the energy transition and we will continue to support our customers and partners on this journey.”
The LNG agreement, however, is subject to the FID on the project, including regulatory approvals, among others.