ADNOC Gas plc and its subsidiaries, a world-class integrated gas processing company, has signed a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd. (JERA Global Markets).
The landmark agreement strengthens ADNOC Gas’ position as a reliable global supplier of clean energy while supporting Japan’s energy requirements. ADNOC Gas’ Das Island liquefaction facility will supply the the LNG, which has a production capacity of approximately 6.0 million tons per annum.
Das Island, renowned as the world’s third longest-operating LNG plant, has shipped over 3,500 LNG cargoes worldwide since its inception.
“This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future. We will continue to support Japan’s energy needs and reinforce our position as a reliable partner in the global LNG market.”
Kazunori Kasai, Chief Optimization Officer, JERA Co., Inc. and Chairman, JERA Global Markets, stated that, “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-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive.”
As a lower-carbon energy source, LNG plays a key role in in facilitating the global energy transition, driving the adoption of cleaner energy solutions. This agreement highlights both companies’ commitment to advancing sustainable energy practices.
ADNOC Gas’ Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years, highlighting its long-term commitment to the region. This agreement, building upon a similar 2023 supply agreement, reinforces the UAE-Japan collaboration, reflecting ADNOC Gas’ role as a preferred LNG supplier to key global markets.
