Skip to site menu Skip to page content

Daily Newsletter

29 January 2025

Daily Newsletter

29 January 2025

ADNOC Gas signs $450m LNG supply deal with Japan’s JERA

The LNG will come from ADNOC Gas' Das Island facility, which has an annual production capacity of six million tonnes.

Tiash saha January 28 2025

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.

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.

ADNOC 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.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close