ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a liquified natural gas (LNG) supply agreement with PetroChina International Company valued between $450m and $550m.
Ahmed Mohamed Alebri, CEO of ADNOC Gas, said the agreement strengthens the company’s presence in the Chinese market.
“China continues to be a key market for ADNOC Gas, and this agreement further reinforces our role as a major LNG supplier across East and South Asia, and beyond,” he added.
ADNOC’s LNG facilities are located on Das Island, an oil and gas operations hub that plays a major role in ADNOC’s upstream production operations.
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