“ADNOC” signs an agreement with “Shell” to supply one million metric tons annually of liquefied gas

Yesterday, ADNOC announced the signing of a 15-year sale and purchase agreement to supply up to one million tons annually of liquefied natural gas to Shell International Trading Middle East Limited, Free Zone, which is wholly owned by Shell PLC – Shell.

The agreement, which was signed during the ADIPEC 2025 exhibition and conference, represents the first long-term agreement for the sale of liquefied natural gas between ADNOC and Shell, and the eighth of its kind, after the announcement of the first agreement to sell and purchase liquefied natural gas from the Ruwais project during the ADIPEC 2024 exhibition. Under this agreement, the main terms agreement, previously signed between the two parties, was transformed into a binding sale and purchase agreement. According to this agreement, a total of The quantities that have been committed to selling so far are more than eight million metric tons annually from the production capacity of the Ruwais LNG project, amounting to 9.6 metric tons annually, to international customers in Asia and Europe under long-term agreements. The CEO of ADNOC Gas, Fatima Al Nuaimi, said, “This long-term agreement that was signed with (Shell) represents a qualitative achievement that contributes to strengthening ADNOC’s position as a reliable global supplier of natural gas. Low-emission liquefied liquid.