By Consultants Review Team
ADNOC Gas plc and its subsidiaries, a world-class integrated gas processing company, have signed a three-year LNG supply agreement worth $450 million (AED1.653 billion) with JERA Global Markets Pte. Ltd. (JERA Global Markets).
The historic agreement strengthens ADNOC Gas' position as a dependable global provider of clean energy while also meeting Japan's energy needs. The LNG will be supplied by ADNOC Gas' Das Island liquefaction facility, which has an annual production capacity of approximately 6.0 million tons.
Das Island, known as the world's third-longest-running LNG plant, has shipped over 3,500 LNG cargoes since its inception.
Kazunori Kasai, Chief Optimization Officer at JERA Co., Inc. and Chairman of JERA Global Markets, stated, "As a utility-backed trader, JERA Global Markets' purpose is to provide energy security to the communities that we serve. This supply agreement with our long-term partner ADNOC Gas demonstrates the proactive steps we take to keep our global portfolio diverse, flexible, and competitive."
As a lower-carbon energy source, LNG is critical to facilitating the global energy transition and driving the adoption of cleaner energy solutions. This agreement demonstrates the companies' shared commitment to advancing sustainable energy practices.
ADNOC Gas' Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years, demonstrating the company's long-standing commitment to the region. This agreement, which builds on a similar 2023 supply agreement, strengthens the UAE-Japan collaboration and reflects ADNOC Gas' position as a preferred LNG supplier to key global markets.
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