ADNOC has signed a second Sales and Purchase Agreement (SPA) with Malaysia’s PETRONAS for its lower-carbon Ruwais liquefied natural gas (LNG) project. The 15-year agreement formalises a previous Heads of Agreement, securing a 1 mtpa LNG supply between the companies.
ADNOC will source the LNG from the Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. The project, starting commercial operations in 2028, has secured over 8 mtpa of capacity through long-term customer agreements.
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Fatema Al Nuaimi, ADNOC’s Executive Vice President of Downstream Business Management, said, “Natural gas plays a critical role in meeting the world’s energy needs, and we are proud to partner with PETRONAS to deliver lower-carbon LNG through this landmark agreement. This milestone further underscores ADNOC’s role as a reliable global energy supplier and supports growing demand in Asia for cleaner, more sustainable energy solutions.”
Also read: ADNOC Signs Long-Term LNG Agreement with SEFE for Ruwais Project
Expansion of ADNOC Gas’ LNG Capacity
In a related development, ADNOC Gas announced that it expects to acquire ADNOC’s 60% stake in the Ruwais LNG project for an estimated $5 billion in the second half of 2028. Upon completion, the plant, which will feature two 4.8 mtpa liquefaction trains with a combined capacity of 9.6 mtpa, will significantly boost ADNOC Gas’ LNG production capacity, more than doubling it to around 15 mtpa.
The Ruwais LNG facility will be the first LNG export plant in the Middle East and Africa to use clean power, making it one of the lowest-carbon-intensity LNG plants worldwide. It will also integrate advanced AI and innovative technologies to boost safety, reduce emissions, and improve operational efficiency, positioning it as a leader in the energy transition.
