News and Articles

• ADNOC and Shell have signed a 15-year agreement for the annual supply of one million tons of LNG.
• This is the first long-term LNG contract between the two companies and the eighth offtake agreement for the Ruwais LNG project.
• The deal secures over 80% of the project's 9.6 million ton capacity, a milestone achieved just 16 months after its final investment decision.
• The Ruwais facility will be the first LNG export plant in the Middle East and Africa region to run on clean power.
• Upon its scheduled 2028 commissioning, the project will more than double ADNOC's LNG production capacity to 15 million tons per year.

ADNOC has entered into a significant 15-year agreement with Shell for the supply of up to one million tons of liquefied natural gas annually. The sales and purchase agreement, finalized during the ADIPEC conference, represents the first long-term LNG contract between the two companies and marks the eighth such offtake agreement secured for the Ruwais LNG project.

This definitive agreement converts a previous preliminary arrangement and represents a major step in commercializing the Ruwais facility. With this latest contract, more than 8 million tons per year of the project's total 9.6 million ton capacity has now been secured through long-term agreements with customers across Asia and Europe. This commercial progress has been achieved just sixteen months after the project's final investment decision was made in July 2024.

The CEO of ADNOC Gas described the agreement as a significant milestone that strengthens ADNOC's position as a reliable global supplier of lower-carbon LNG. She noted that securing over eighty percent of the project's capacity in slightly over a year sets a new benchmark for large-scale LNG developments, contrasting with the industry norm of four to five years for similar marketing achievements. Construction and site preparation were reported to be progressing according to schedule for commissioning by the end of 2028.

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The LNG will be primarily supplied from the Ruwais LNG project currently under development in Abu Dhabi, in which Shell holds a ten percent stake through its subsidiary. Shell's Executive Vice President of LNG Marketing and Trading emphasized that the agreement builds upon a five-decade partnership with ADNOC and supports Shell's strategy of expanding its LNG portfolio while strengthening global energy security through collaborative efforts.

The Ruwais facility is positioned to become the first LNG export plant in the Middle East and Africa region powered by clean electricity, positioning it among the world's lowest-carbon intensity LNG projects. The plant will incorporate artificial intelligence and advanced technologies to optimize safety, operational efficiency, and emissions performance. With two liquefaction trains each capable of processing 4.8 million tons annually, the facility will more than double ADNOC Gas' current LNG production capacity to approximately 15 million tons per year, supporting the company's strategic expansion to meet growing global demand.