emirates7 - ADNOC Gas plc has announced a three-year liquefied natural gas (LNG) supply agreement worth $450 million (AED 1.653 billion) with JERA Global Markets Pte. Ltd. This deal underscores ADNOC Gas' reputation as a dependable global provider of clean energy while supporting Japan's energy demands.
The LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which boasts an annual production capacity of approximately 6.0 million tons. As the world’s third longest-running LNG plant, Das Island has delivered over 3,500 LNG shipments globally since its inception.
Fatema Al Nuaimi, CEO of ADNOC Gas, highlighted the longstanding energy partnership between the UAE and Japan, emphasizing the shared commitment to energy security and a lower-carbon future. She stated, "This agreement strengthens decades of collaboration between ADNOC Gas and JERA, reinforcing our role as a reliable partner in the global LNG market while supporting Japan’s energy needs."
Kazunori Kasai, Chief Optimization Officer of JERA Co., Inc. and Chairman of JERA Global Markets, remarked on the agreement’s significance. He said, "As a utility-backed trader, JERA Global Markets is dedicated to ensuring energy security for the communities we serve. This partnership with ADNOC Gas reflects our commitment to maintaining a diverse, flexible, and competitive global portfolio."
The deal highlights the importance of LNG as a lower-carbon energy source in the global transition toward sustainable energy solutions. It aligns with the shared goals of ADNOC Gas and JERA to advance clean energy practices.
With a 48-year history of supplying LNG to Japanese energy companies, ADNOC Gas’ Das Island facilities play a pivotal role in the UAE-Japan energy collaboration. This agreement, which follows a similar deal in 2023, further solidifies ADNOC Gas' position as a key LNG supplier to global markets.
The LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which boasts an annual production capacity of approximately 6.0 million tons. As the world’s third longest-running LNG plant, Das Island has delivered over 3,500 LNG shipments globally since its inception.
Fatema Al Nuaimi, CEO of ADNOC Gas, highlighted the longstanding energy partnership between the UAE and Japan, emphasizing the shared commitment to energy security and a lower-carbon future. She stated, "This agreement strengthens decades of collaboration between ADNOC Gas and JERA, reinforcing our role as a reliable partner in the global LNG market while supporting Japan’s energy needs."
Kazunori Kasai, Chief Optimization Officer of JERA Co., Inc. and Chairman of JERA Global Markets, remarked on the agreement’s significance. He said, "As a utility-backed trader, JERA Global Markets is dedicated to ensuring energy security for the communities we serve. This partnership with ADNOC Gas reflects our commitment to maintaining a diverse, flexible, and competitive global portfolio."
The deal highlights the importance of LNG as a lower-carbon energy source in the global transition toward sustainable energy solutions. It aligns with the shared goals of ADNOC Gas and JERA to advance clean energy practices.
With a 48-year history of supplying LNG to Japanese energy companies, ADNOC Gas’ Das Island facilities play a pivotal role in the UAE-Japan energy collaboration. This agreement, which follows a similar deal in 2023, further solidifies ADNOC Gas' position as a key LNG supplier to global markets.