Abu Dhabi: ADNOC Gas plc has announced the signing of a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd. This agreement solidifies ADNOC Gas' role as a reliable global supplier of clean energy while supporting Japan's energy needs.
According to Bahrain News Agency, the LNG will be supplied from ADNOC Gas' Das Island liquefaction facility, which has a production capacity of approximately 6.0 million tons per annum (mtpa). Das Island, the world's third longest-operating LNG plant, has shipped over 3,500 LNG cargoes worldwide since it began operations.
This supply agreement with ADNOC Gas reflects JERA Global Markets' commitment to maintaining a diverse, flexible, and competitive global portfolio. As LNG is a lower-carbon energy source, it plays a critical role in global efforts to transition to cleaner energy solutions. The agreement is in line with both companies' goals to advance sustainable energy practices.
ADNOC Gas' Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years. This latest agreement, building upon a similar 2023 supply agreement, underscores the enduring collaboration between the UAE and Japan, highlighting ADNOC Gas' position as a preferred LNG supplier to key global markets.