ADNOC and EnBW Sign 15-Year Agreement to Advance Low-Carbon LNG Supply from Ruwais Project

The Abu Dhabi National Oil Company (ADNOC) has signed a third sale and purchase agreement (SPA) for its low-carbon Ruwais LNG project with Germany’s EnBW Energy Baden-Württemberg AG (EnBW), one of Europe’s leading energy infrastructure operators.

The 15-year agreement will supply 0.6 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to EnBW, converting a previous preliminary agreement into a definitive contract. The LNG will be sourced from ADNOC’s Ruwais LNG project, currently under development in Abu Dhabi’s Ruwais Industrial City. Commercial deliveries are slated to commence in 2028.

With this latest deal, ADNOC has secured commitments for over 8 mtpa of the Ruwais LNG project’s total production capacity of 9.6 mtpa through long-term international agreements. This is ADNOC’s second SPA for the project with a German company, following a 15-year, 1 mtpa agreement signed in November with SEFE Marketing and Trading Singapore Pte Ltd, a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH.

Strengthening UAE-Germany Energy Collaboration
The agreement builds on the UAE-Germany Energy Security and Industry Acceleration Agreement, signed in 2022, which promotes energy security, decarbonization, and low-carbon fuel cooperation. It also reinforces a Joint Declaration of Intent for Sustainable Energy Cooperation between the UAE Ministry of Industry and Advanced Technology and the German State of Baden-Württemberg, signed earlier this year.

Fatema Al Nuaimi, Deputy CEO of ADNOC Refining and Petrochemicals, highlighted the strategic importance of the partnership:
“We are very pleased to partner with EnBW, one of Germany’s largest energy suppliers. By supplying low-carbon LNG, we enhance our partner’s energy security while contributing to global decarbonization efforts, reaffirming ADNOC’s position as a trusted partner in the evolving energy landscape.”

Peter Heidecker, Member of EnBW’s Board of Management, echoed this sentiment:
“This long-term LNG contract strengthens our relationship with ADNOC and expands our LNG portfolio. We look forward to continued collaboration with ADNOC to explore further opportunities in LNG and adjacent businesses.”

ADNOC’s Strategic Expansion
The Ruwais LNG project, which includes two liquefaction trains with a total capacity of 9.6 mtpa, is a cornerstone of ADNOC’s strategy to double its LNG production capacity to 15 mtpa by 2028. In November 2024, ADNOC Gas announced plans to acquire ADNOC’s 60% stake in the project for an estimated $5 billion, further consolidating ADNOC’s commitment to sustainable energy and global market leadership.