Energie Baden-Württemberg AG (EnBW) has signed a 15-year LNG supply agreement with the Abu Dhabi National Oil Company (ADNOC), marking its first LNG contract in the Middle East.
The UAE company will supply EnBW with 0.6 million metric tons per annum (mmtpa) – its third long-term supply agreement from the Ruwais LNG project, which is scheduled to be commissioned in 2028.
EnBW, which is investing around €40bn in the energy transition by 2030, continues to expand its LNG activities and diversify its sources of gas.
Peter Heydecker, EnBW’s Board Member for Sustainable Generation Infrastructure, said, “We are taking the next step in terms of diversifying our procurement portfolio and establishing our own LNG value chain. We can also use the experience gained here for our medium-term goal of establishing an import structure for green gases, since the two business fields are very similar.”
Once commissioned, the Ruwais project will have a total capacity of 9.6 mmtpa and be the first LNG liquefaction plant in the Middle East to cover its electricity needs from low-carbon sources.
The electrically powered liquefaction plant will optimise the carbon footprint for LNG production, while the use of AI technologies will also guarantee a high level of energy efficiency in the overall process.
Fatema Al Nuaimi, ADNOC Executive Vice President, Downstream Business Management, said: “The Ruwais LNG project continues to gain momentum, reinforcing ADNOC’s position as a reliable global natural gas provider. This new agreement builds on the UAE-Germany Energy Security and Industry Accelerator and will support Germany as it strives to diversify its energy sources and enhance its energy security.”
ADNOC signed a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore in March, for the delivery of 1 mmtpa.
When completed, the project will more than double ADNOC’s LNG production capacity to around 15 mmtpa.
