Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per…
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Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per annum to Germany and other European markets under a new strategic collaboration framework, as the United Arab Emirates and Germany deepen energy cooperation.
The companies will also examine opportunities in LNG trading, regasification capacity in Germany and Europe, and broader cooperation across the gas and LNG value chain.
The initiative builds on ADNOC’s existing LNG supply agreements with German companies, including offtake arrangements totaling 1.6 million tonnes per annum from the Ruwais LNG project.
ADNOC is currently supplying about 0.7 million tonnes per annum of LNG to German customers from existing facilities until the Ruwais project comes online.
“It was an honor to welcome Chancellor Merz to ADNOC Headquarters and to reaffirm the strength of the long-term UAE-Germany strategic partnership, which is based on trust, anchored in mutual respect and built on delivery.
“The Chancellor’s visit to the UAE has provided a platform to unlock new opportunities for partnership across key sectors including energy,
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