Browsing: LNG export facility

A consortium of global energy firms has acquired a combined 40% stake in ADNOC Group’s Ruwais liquefied natural gas (LNG) project, anticipating a surge in global natural gas demand exceeding 50% by 2040.

ADNOC has awarded a contract valued at $5.5B to NMDC Energy, in collaboration with Technip Energies and JGC Corporation, for the engineering, procurement, and construction (EPC) of the lower-carbon Ruwais LNG project, situated in Al Ruwais Industrial City, Abu Dhabi.