ADNOC has signed a 15-year sales and purchase agreement (SPA) with INPEX for the supply of 1 Mt/year of LNG from the 9.6 Mt/year Ruwais LNG project in the United Arab Emirates (ADNOC press release, 07/07/2026). With this agreement, more than 90% of the project's capacity has been committed under long-term arrangements, including nearly 23% allocated to Japanese customers.
The Ruwais LNG is currently under development in Al Ruwais Industrial City and is scheduled to start commercial operations in 2028. The project comprises two 4.8 Mt/year liquefaction trains. Upon completion, Ruwais LNG should more than double ADNOC Gas’ operating LNG capacity to around 15 Mt/year. In 2024, ADNOC Gas announced its plans to acquire ADNOC’s 60% stake in the Ruwais LNG in 2028 for around USD5bn.
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