Gas | October 12, 2025
ADNOC Gas signs $40 billion gas supply deal with Ruwais LNG
Over 80% of Ruwais LNG’s production already contracted to long-term customers
Over 80% of Ruwais LNG’s production already contracted to long-term customers
Transaction witnessed exceptional investor demand in first-ever marketed offering of shares in the UAE and largest placement on ADX to date Sale of approximately 3.1 billion shares priced at AED 3.40 each, representing 4% of ADNOC Gas’ total share capital
Awards part of ADNOC Gas’ $15 billion CAPEX plan outlined in the recent strategy update
The BGC project’s design scope includes the development of gas processing and conditioning units
LNG to be delivered in six cargoes per year, starting in 2026
Deliveries will commence from 2026 onwards for a duration of 10 years across India
Contract aims to maximize feedstock from ADNOC Gas’ plants to meet future demand from its customers
ADNOC Gas to supply up to 1.2 million metric tonnes of LNG per annum to India
Construction of the Hail and Ghasha mega project is now progressing at pace
Over 8 mtpa of Ruwais LNG’s 9.6 mtpa capacity contracted in 12 months, setting a new global benchmark for speed to market for large-scale LNG projects
Subscribe to our newsletter & stay updated.
