Adnoc Supply and Services Signs 3.3 Billion AED Deal to Build Four Liquefied Natural Gas Carriers

Adnoc Logistics and Services has signed a deal valued at 3.3 billion dirhams to build four LNG carriers, each with a capacity of 175,000 cubic meters, scheduled for delivery in 2029. This move is part of the company's efforts to enhance its capabilities in transporting global LNG supplies to meet increasing demand, supported by long-term leasing contracts to ensure revenue sustainability. This step is part of broader investments exceeding 18.4 billion dirhams since 2022 aimed at expanding the LNG fleet.

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