Commercial operations on track to commence by Q4-2028
ADNOC recently announced a 15-year Sales and Purchase Agreement (SPA) with Shell International Trading Middle East, a wholly owned subsidiary of Shell, for the delivery of up to 1mn tons per annum (mtpa) of liquefied natural gas (LNG).
Signed during ADIPEC, the deal marks ADNOC’s first long-term LNG sales agreement with Shell and the eighth long-term offtake agreement secured for the Ruwais LNG project. The first SPA was announced at ADIPEC in 2024.
“This agreement with Shell marks a significant milestone that reinforces ADNOC’s position as a reliable global supplier of lower-carbon LNG,” observed Fatema Al Nuaimi, CEO, ADNOC Gas.
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The LNG will be primarily sourced from the Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. Shell holds a 10% stake in the project through its subsidiary, Shell Overseas Holdings Limited.
“This agreement is a significant milestone in our partnership with ADNOC and supports Shell’s strategy of expanding our LNG portfolio,” noted Tom Summers, Executive Vice President, Shell LNG Marketing and Trading.
The Ruwais LNG plant will be the first LNG export facility in the Middle East and Africa region to operate on clean power, making it one of the lowest-carbon intensity LNG projects in the world. The plant will leverage artificial intelligence (AI) and the latest technologies to enhance safety, operational efficiency, and emissions performance.
