ADNOC Gas Secures $450 Million LNG Supply Deal with JERA
(P&GJ) — ADNOC Gas has signed a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.
The LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which has an annual production capacity of 6 million tons. Das Island, one of the world's longest-operating LNG plants, has delivered more than 3,500 cargoes since operations began.
“This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA, solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future,” said Fatema Al Nuaimi, CEO of ADNOC Gas.
Kazunori Kasai, chairman of JERA Global Markets, emphasized the importance of the deal. “As a utility-backed trader, JERA Global Markets’ purpose is to provide energy security to the communities that we serve. This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive.”
The deal builds on ADNOC Gas’ 48-year history of supplying LNG to Japan and follows a similar supply agreement signed in 2023.
Related News
Related News
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
Comments