Qatar, which is already Kuwait’s biggest supplier with an existing contract running to 2035 to supply as much as 3 million tons per annum, will start shipments from the new deal in…
Tag: LNG
UAE’s ADNOC, Japan’s Osaka Gas ink deal for Ruwais LNG
Under the agreement, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading Pte. Ltd. (OGEST). ADNOC and Osaka Gas…
Shell, bp, Total get 40% stake in ADNOC’s Ruwais LNG
Dubai: Global energy majors Shell, TotalEnergies, bp, and Japan’s Mitsui secured a 40 per cent stake in Abu Dhabi National Oil Company’s (ADNOC) lower-carbon intensity Ruwais liquefied natural gas (LNG) project, following landmark agreements signed…
ADNOC L&S to spend up to Dh9.2 billion on new LNG carriers
The new vessels will increase ADNOC L&S’s fleet of LNG Carriers from 14 to at least 22 vessels. “The shipbuilding contracts with Samsung Heavy Industries and Hanwha Ocean are major steps forward in…
Abu Dhabi’s Adnoc greenlights its biggest LNG export project
The company has so far relied on its own funds to build the project and on Wednesday awarded a $5.5 billion engineering and construction contract for the facility. It’s signed some sales…
Philippines sees nuclear as long-term replacement for LNG
“After liquefied natural gas, we’re not sure what technology will be there to supply carbon-free baseload power,” said Lawrence Fernandez, head of utility economics at Meralco. “Nuclear is one, so that’s why…
ADNOC L&S places new LNG carrier contracts with South Korean shipyards
Dubai: An ADNOC entity has parked major contracts with South Korean shipyards to build LNG carriers. These vessels are to be delivered in 2028. ADNOC Logistics & Services’ contract with Samsung Heavy Industries…
UAE's ADNOC makes first 'strategic' investment in US with Rio Grande LNG export project
The equity stake purchase has been done through an investment vehicle of Global Infrastructure Partners (GIP), one of the world’s premier infrastructure focused investors. ADNOC acquired a portion of GIP’s existing equity…
ADNOC secured third 15-year LNG supply contract from its upcoming Ruwais facility
The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, under development in Abu Dhabi’s Al Ruwais Industrial City. This is to be the first LNG export facility in the Middle…
Qatar places $6 billion order for LNG carriers from China
QatarEnergy has signed a $6 billion agreement with China State Shipbuilding Corp. to build 18 liquefied natural gas carriers as it prepares to boost its output of the super-chilled fuel. The shipbuilder…