ADNOC has signed a 15-year LNG supply deal with Germany's SEFE, securing a significant portion of the capacity from its upcoming Ruwais LNG project.
Abu Dhabi’s national oil company ADNOC signed on Wednesday a long-term supply agreement for its Ruwais LNG project currently under development and will deliver 1 million tons of the super-chilled fuel to German company SEFE for 15 years. The deal signed today converts the previous Heads of Agreement between ADNOC and German state firm SEFE announced in March into a definitive agreement.
Commenting on the deal with the German company today, Fatema Al Nuaimi, Executive Vice President, Downstream Business Management at ADNOC, said, “Natural gas accounts for over a quarter of Germany’s energy supply and we are very pleased to support the country’s energy security through this landmark agreement with SEFE for the lower-carbon Ruwais LNG project.
SEFE LNG Natural Gas Energy Security Germany UAE Ruwais LNG Low-Carbon Energy Energy Transition
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