UAE’s Adnoc Signs 15-Year LNG Supply Deal With Germany’s EnBW
- 2024-12-16
- 14:53:47
Breaking News
The United Arab Emirates’s biggest oil producer agreed to sell liquefied natural gas to a second German utility as it wraps up more supply contracts from a new export terminal it’s building.
Abu Dhabi National Oil Co. will supply 0.6 million tons of LNG annually to Germany’s EnBW Energie Baden-Wuerttemberg AG for 15 years starting 2028, according to a statement. Adnoc has preliminary deals with buyers from Europe to Japan for supply of the fuel and is converting those to definitive sales agreements.
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