ADNOC Signs 15-Year LNG Supply Deal With Japan’s Inpex

AI Summary

ADNOC has signed a 15-year LNG supply contract with Japan’s Inpex, securing annual deliveries of 1 million tonnes from the Ruwais LNG project in Abu Dhabi starting in 2028. This deal strengthens long-term energy ties between ADNOC and Inpex.

Abu Dhabi’s national oil company ADNOC on Tuesday signed a 15-year long-term deal to supply gas from the UAE’s Ruwais LNG project to Japanese firm Inpex starting from 2028. Under the deal, Inpex, Japan’s largest exploration and production company, will receive 1 million tonnes per annum (mtpa) of liquefied natural gas from the Ruwais LNG project, currently under development in Al Ruwais Industrial City in Abu Dhabi. The agreement “further strengthens the longstanding relationship between INPEX and the ADNOC Group,”…