Abu Dhabi National Oil company (Adnoc) has signed agreements with German companies for the supply of liquefied natural gas (LNG) and low carbon ammonia, as the European nation aims to phase out Russian gas imports in the coming years.
The deals were announced during German Chancellor Olaf Scholz’s official visit to Abu Dhabi on Sunday.
As a part of the agreement, Adnoc entered into an LNG supply agreement with Germany’s RWE for providing an LNG cargo for delivery in late 2022 to be used in the commissioning of Germany’s floating LNG import terminal at Brunsbuttel, reported the United Arab Emirates' official news agency WAM.
“In addition, Adnoc has reserved a number of further LNG cargos exclusively for German customers in 2023”, it noted.
Upstream recently reported that Germany is poised to sign LNG import deals with the UAE, as it moves to replace all of its Russian gas imports by 2024.
RWE also confirmed the development and said the “cargo is expected to be shipped from Das Island, Abu Dhabi, and to arrive in Germany in late December 2022”.
“The cargo delivered by Adnoc will be for 137,000 cubic metres of LNG and will be the first LNG to be supplied to the German gas market via the floating LNG import terminal at Brunsbuttel”, it said.
The Oriental Pro-Energy Consulting Organization (Topco)
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