ADNOC Gas secures three-year LNG supply deal with Germany's SEFE
ADNOC Gas has signed a three-year liquefied natural gas supply agreement with Germany's SEFE Securing Energy for Europe, worth approximately $400 million, strengthening energy ties between the UAE and Germany.
The deal covers the delivery of 0.7 million tonnes of LNG commencing this year, with supplies originating from ADNOC Gas' Das Island liquefaction facility in Abu Dhabi. The facility, which has been operational since 1977, boasts a production capacity of 6 million tonnes per annum and has shipped over 3,500 LNG cargoes worldwide.
"This agreement marks a significant step in strengthening our long-standing partnership with SEFE and reinforces ADNOC Gas' role as a reliable and responsible global energy provider, committed to supporting Germany's energy security," said Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas.
The agreement builds upon existing strategic collaboration between the UAE and Germany, including the 2022 Energy Security and Industry Accelerator (ESIA) pact and the 2024 Joint Declaration with Baden-Württemberg, both focused on fostering energy security and sustainable fuel development.
SEFE's Chief Commercial Officer, Frédéric Barnaud, highlighted the value of the two-decade partnership with ADNOC, describing the UAE firm as a "reputable and reliable supplier". He noted that this medium-term contract complements the long-term supply agreement signed last year, adding "another flexible source of LNG to our portfolio".
The deal underscores ADNOC Gas' continued expansion into global markets as part of ADNOC's broader strategy to enhance natural gas production capacity and expand LNG exports. Natural gas serves as a crucial transitional fuel, offering lower carbon emissions compared to other fossil fuels whilst providing essential raw materials for industrial value chains.
SEFE, committed to ensuring energy security across Germany and Europe, continues expanding its international portfolio through partnerships with leading LNG and natural gas producers globally, ensuring diversified and reliable energy sources for European markets.
