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Click on the top to follow us ADNOC announced today at ADIPEC the signing of the first long-term Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi. The SPA converts the previous Heads of Agreement between ADNOC and SEFE announced in March into a definitive agreement. The 15-year, 1 million tonnes per annum (mtpa) SPA was signed with SEFE Marketing and Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH. The LNG will primarily be sourced from the Ruwais LNG project, with deliveries expected to start in 2028 upon commencement of its commercial operations. To date, over 7 mtpa of Ruwais LNG project’s production capacity has been committed to international customers through long-term agreements. “Natural gas accounts for over a quarter of Germany’s energy supply and we are very pleased to support the country’s ener
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