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TotalEnergies signs five-year LNG supply deal with ADNOC Gas

ADNOC Gas will supply up to 1.6 million tonnes of liquefied natural gas over five years.

TotalEnergies and ADNOC Gas have signed a five-year LNG supply agreement for up to 1.6 million tonnes. The first deliveries are expected from 2026.

Author: Робот Source: France’s TotalEnergies

TotalEnergies and ADNOC Gas logos or a ship carrying liquefied natural gas
TotalEnergies and ADNOC Gas have agreed on five years of LNG supplies. Illustrative photo. Photo: Gordon Leggett / Wikimedia Commons, CC BY-SA 4.0

TotalEnergies and ADNOC Gas have signed a five-year liquefied natural gas (LNG) supply agreement. Under the deal, ADNOC Gas will supply a total of up to 1.6 million tonnes.

The first deliveries are expected from 2026.

Stéphane Michel, President Gas, Renewables & Power at TotalEnergies, said the agreement would deepen the companies’ long-term partnership. He said the supply would help TotalEnergies reinforce its position as a major LNG portfolio supplier, with the UAE located between Europe and Asia.

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ADNOC Gas Chief Executive Officer Fatema Al Nuaimi said the agreement reflected the competitiveness of the company’s supply and its ability to secure long-term partnerships.

ADNOC Gas supplies approximately 60% of the UAE’s sales gas needs and serves end-customers in more than 20 countries. Its operations span the gas value chain, from receiving feedstock to processing and selling products.

Source: France’s TotalEnergies

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