Abu Dhabi, UAE – ADNOC Gas announced Monday a three-year supply agreement with the TotalEnergies Gas and Power Limited for exporting liquefied natural gas (LNG).
Under the deal, ADNOC Gas will supply TotalEnergies LNG, which will be delivered to various export markets around the world.
The three-year contract is expected to commence in 2023 and will run through 2025, reinforcing both companies’ positions as key players in the global LNG market.
Ahmed Alebri, Chief Executive Officer of ADNOC Gas, said, “This agreement reflects our commitment to meeting the needs of our customers by offering supply security, price competitiveness, and flexibility. We look forward to continuing our long-term strategic partnership with TotalEnergies, building on our shared commitment to sustainability and the energy transition.”
Thomas Maurisse, Senior Vice President LNG at TotalEnergies, said, “We are pleased to have signed this three-year contract with our long-standing strategic partner. These additional volumes will strengthen our global LNG portfolio, our ability to supply the growing Asian markets, and our ambition to accompany our customers in their energy transition.”