The UAE company ADNOC and EnBW Energy Baden-Württemberg – one of the largest energy companies in Germany – signed the main terms of an LNG agreement to supply 600,000 metric tons annually of LNG for a period of 15 years.

According to a statement issued by ADNOC, the shipments will be sent primarily from ADNOC's Ruwais low-emission liquefied natural gas project, which is currently being developed in the Ruwais Industrial City in Abu Dhabi.

This is the third long-term agreement to be signed to supply liquefied natural gas from the project. The first two 15-year agreements were signed with the Chinese “ENN” Natural Gas Company in December 2023 and the German “SEVI” Company in March 2024, according to which no less than one million metric tons per year of liquefied natural gas will be exported to each of them. The two companies.

It is expected that the export of shipments will begin once the facility begins commercial operations, expected in 2028.

The project consists of two natural gas liquefaction lines, each with a production capacity of 4.8 million metric tons annually and a total capacity of 9.6 million metric tons annually. It will contribute to raising ADNOC's targeted production capacity of liquefied natural gas by more than doubling.

This agreement with EnBW is based on the strategic agreement signed by the UAE and Germany to cooperate in the field of energy security and industrial growth accelerators. It will support Germany's efforts in its quest to enhance energy security and diversify its sources.

The agreement signed between the UAE and Germany in 2022 aims to enhance bilateral cooperation between the two countries in the areas of energy security, reducing emissions, and low-carbon fuels.

ADNOC delivered the first shipment of liquefied natural gas from the Middle East to Germany in 2023.

Fatima Al Nuaimi – Executive Vice President of Gas Processing, Refining and Petrochemicals at ADNOC – said that the Ruwais LNG project continues to gain more momentum and contribute to consolidating ADNOC's position as a reliable and responsible global energy provider.

For his part, Peter Heidke – Member of the Board of Directors of EnBW for Sustainable Generation Infrastructure – expressed his happiness at signing with ADNOC the first liquefied natural gas contract in the Middle East.

Heidke added: “Through this agreement, we seek to diversify our purchasing portfolio and create our own LNG value chain. We can also benefit from ADNOC’s accumulated experience to achieve our goal of creating a green energy import structure, since the similarities between it and LNG is very close.”

It is noteworthy that the Ruwais LNG project is making remarkable progress as its final investment decision approaches, which is expected this year.