A subsidiary of the Abu Dhabi National Oil Company, Adnoc Logistics & Services is reportedly preparing to place orders for between four and six LNG carriers as part of its international growth strategy.
Chief executive Abdulkareem Al Masabi told Bloomberg that the vessels could be ordered this year, although he did not reveal an estimated investment value.
The prospective order would be in addition to 14 LNG carriers already secured to support the UAE’s export developments, according to the report.
This year, Adnoc L&S is set to receive two LNG carriers, complementing the four previously commissioned to transport gas from the Das Island LNG export facility.
Another eight vessels are earmarked for the Ruwais LNG terminal, which is scheduled to be completed in 2028.
Adnoc Gas stated last month that the Ruwais LNG terminal in Al Ruwais Industrial City could begin operations ahead of schedule, as construction is advancing faster than initially anticipated.
More than 8 million tonnes per annum of the project’s total 9.6 mtpa capacity has already been secured under long-term supply agreements with international buyers.
Adnoc L&S reported a 41 per cent rise in 2025 revenue to $5 billion, while net profit increased 14 per cent to $863 million.
In January 2025, the company acquired an 80 per cent stake in Navig8 for $999 million, a move that helped lift shipping segment revenue by 122 per cent to $2.1 billion.
Al Masabi noted that tensions in the Red Sea have eased in recent weeks.
Danish shipping major Maersk Group resumed trans-Suez operations for one of its services last month, reconnecting the Middle East and the US after improved stability in the Red Sea.
