ADNOC Gas plc has announced a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of TotalEnergies for the export of LNG.
The deal underscores ADNOC Gas’ position as a global LNG export partner of choice and cements TotalEnergies as a key strategic partner for ADNOC Gas in the LNG market, representing another important milestone as ADNOC Gas expands its global reach.
Under the terms of the agreement, through its subsidiary, ADNOC Gas will supply TotalEnergies LNG, which will be delivered to various export markets around the world. The agreement demonstrates ADNOC Gas’ ability to meet growing global demand for LNG, a critical energy transition fuel.
TotalEnergies has a longstanding presence in the UAE, having operated in the country for more than 80 years.
The three-year contract is expected to commence in 2023 and will run through 2025, reinforcing both companies’ positions as key players in the global LNG market.
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