ADNOC Gas strengthens partnership with JERA global markets through new LNG agreement
- Partnership underscores ADNOC Gas’ role as a reliable LNG partner in the transition to a lower-carbon future
- Agreement reinforces the companies’ long-standing relationship based on 48 yr of LNG deliveries from Abu Dhabi to Japan
- Latest supply agreement valued at $450 MM over a 3-yr period
ADNOC Gas Plc. and its subsidiaries (ADNOC Gas or the company), a world-class integrated gas processing company, has signed a $450-MM (AED1.653-B) 3-yr liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd.
Kazunori Kasai, Chief Optimization Officer, JERA Co. Inc. and Chairman, JERA Global Markets (left); and Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas (right).
The agreement reaffirms ADNOC Gas' position as a reliable global supplier of clean energy while supporting Japan's energy requirements. The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of approximately 6.0 MMtpy. As the world's third longest-operating LNG plant, Das Island has shipped > 3,500 LNG cargoes worldwide since beginning operations.
Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said: "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. We will continue to support Japan’s energy needs and reinforce our position as a reliable partner in the global LNG market.”
Kazunori Kasai, Chief Optimization Officer, JERA Co. Inc. and Chairman, JERA Global Markets, said: “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.”
As a lower-carbon energy source, LNG plays a critical role in global efforts to transition to cleaner energy solutions. This agreement aligns with both companies’ ambitions to advance sustainable energy practices.
ADNOC Gas’ Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 yr. This latest agreement, building upon a similar 2023 supply agreement, further cements the legacy of collaboration between the UAE and Japan, reflecting ADNOC Gas' role as a preferred LNG supplier to key global markets.
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