ADNOC signs 15-year LNG supply deal with ENN Natural Gas

ADNOC has signed a long-term agreement to supply ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas Co. Ltd. 

Under the SPA, ADNOC will supply about 1 million tonnes/year (tpy) of LNG to ENN LNG for a period of 15 years. The LNG will primarily be sourced from ADNOC’s Ruwais LNG project. The companies had signed a heads of agreement for the LNG supply in December 2023 (OGJ Online, Dec. 26, 2023).

Last year, ADNOC made a final investment decision to proceed with the lower-carbon Ruwais LNG project in Al Ruwais Industrial City, Abu Dhabi (OGJ Online, June 14, 2024).

The project will consist of two 4.8 million tpy liquefaction trains. When completed, it will more than double ADNOC’s LNG production target capacity to 15 million tpy to meet increased global demand for natural gas. The project is scheduled to start commercial operations in 2028. 

In February of this year, following the signing of a supply agreement with Japan's Osaka Gas, ADNOC said about 8 million tpy of Ruwais LNG’s 9.6 million tpy capacity was committed to customers across Asia and Europe (OGJ Online, Feb. 28, 2025).

The agreement with ENN marks the largest LNG deal by volume ever signed between the UAE and a Chinese partner, ENN said in a release Apr. 21.