ADNOC has strengthened its partnership with Malaysia’s PETRONAS by finalising a second 15-year sales and purchase agreement (SPA) for liquefied natural gas (LNG) from the Ruwais LNG project. The agreement converts an earlier heads of agreement (HoA) into a binding deal, with PETRONAS set to procure one million tonnes per annum (mtpa) of LNG starting in 2028, upon the project’s commercial launch.
This milestone highlights ADNOC’s strategic role in the global LNG market and its growing presence in the low-carbon energy sector, supporting the energy transition.
Located in Abu Dhabi’s Al Ruwais Industrial City, the Ruwais LNG plant is poised to be a key player in the Middle East and Africa, designed to operate with some of the lowest carbon emissions globally. The facility will use clean power and advanced technologies, including artificial intelligence, to enhance efficiency, safety, and emissions management.
Fatema Al Nuaimi, ADNOC’s EVP for Downstream Business Management, noted the partnership’s importance, stating that delivering low-carbon LNG aligns with ADNOC’s role as a reliable energy provider and meets Asia’s growing demand for sustainable solutions.
PETRONAS, a key UAE energy partner, will enhance its LNG portfolio with this agreement, which supports energy security in Southeast Asia. Shamsairi Ibrahim, Vice President of LNG Marketing & Trading at PETRONAS, highlighted the deal’s significance for strengthening economic ties between Malaysia and the UAE.
ADNOC Gas plans to acquire a 60% stake in the Ruwais LNG project for $5 billion, doubling its LNG production to 15 mtpa by 2028. As the region’s first clean energy-powered LNG export facility, the project reinforces ADNOC’s commitment to sustainable energy solutions and the global energy transition.
