This agreement confirms the growing presence of the company “ADNOC Gas“In the markets liquefied natural gas Global, especially on a continent AsiaIt also strengthens the established bilateral relations between the UAE and India.
This agreement follows the recent announcement of several important international agreements for the sale of liquefied natural gas that I signed.”ADNOC Gas”, including the agreements signed with both “Japan Petroleum Exploration Limited (JAPEX), Total Energies, Inc Indian oil Ltd. (IOCL), and PetroChina International Limited (PCI), confirming ADNOC Gas’s position as a preferred global partner for LNG exports.
Still in demand liquefied natural gas It is witnessing increasing growth worldwide as it is an important transitional fuel in the responsible energy transition. ADNOC Gas continues to focus on investments that will accelerate the sustainable growth of its business, in line with the requirements of its customers.
In 2023, the company maintained strong sales momentum by signing several agreements liquefied natural gas With a value ranging between 34.5 billion dirhams ($9.4 billion) and 44 billion dirhams ($12 billion), it continued to invest to meet the local and international demand for Natural gas.
On this occasion, Dr. Ahmed Al Abri, CEO of ADNOC Gas, said: “This long-term agreement to supply liquefied natural gas represents an important advance within our firm commitment to providing reliable and sustainable energy solutions to our partners and customers around the world. India continues to confirm its position as a major market for ADNOC’s products.” “For gas, this agreement confirms our commitment to consolidating long-term partnerships that promote responsible energy consumption.”
And he plays Natural gas It plays a pivotal role as a transitional fuel that produces low carbon emissions when burned compared to other types of fossil fuels. It also represents an important raw material for industrial value chains.
ADNOC Gas continues to take advantage of the opportunities provided by ADNOC’s integrated gas master plan, which aims to link components of the value chain to ensure the provision of sustainable and economic supplies of natural gas to enable the UAE to achieve self-sufficiency in it, support growth and economic diversification, and meet the growing demand in local markets. And international.
As part of ADNOC’s integrated gas plan, ADNOC is moving forward with the construction of the Ruwais low-cost liquefied natural gas project. emissions in a city Ruwais Industrial, Abu Dhabi. This project will be the first of its kind in the Middle East and North Africa region to operate with electricity produced from clean energy sources, making it one of the lowest carbon emissions-intensive LNG facilities in the world, and a major enabler of implementing ADNOC’s ambitious goal of achieving climate neutrality by Year 2045.
Upon completion, the project will consist of two natural gas liquefaction lines, each with a production capacity of 4.8 million tons annually and a total capacity of 9.6 million tons annually.
2024-01-30 07:04:50
#ADNOC #Gas #signs #10year #supply #agreement #Indian #company