EnBW signs LNG procurement agreement with ADNOC

EnBW has signed an agreement with the Abu Dhabi National Oil Company (ADNOC) to purchase liquefied natural gas (LNG) over a period of 15 years.

EnBW signs LNG procurement agreement with ADNOC

The company from the United Arab Emirates will supply EnBW with 0.6 million metric tons per annum (mmtpa) once the Ruwais LNG project has been commissioned as planned in 2028. EnBW is thus continuing to pursue its strategy of further expanding its LNG activities and diversifying its sources of gas.

Peter Heydecker, EnBW’s Board Member for Sustainable Generation Infrastructure, underlined:

“We are delighted that EnBW has signed its first LNG contract in the Middle East with our experienced partner ADNOC. In doing so, 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 optimize the carbon footprint for LNG production, while the use of state-of-the-art 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.”