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Adnoc Signs 15-Year Sale and Purchase Agreement with Japan's Inpex

Adnoc Signs 15-Year Sale and Purchase Agreement with Japan's Inpex

Adnoc has signed a 15-year agreement with the Japanese company Inpex to supply one million tons annually of liquefied natural gas from the Ruwais project. This aims to strengthen its relations with Japan and support the growing global demand for gas. The agreement indicates that more than 90% of the Ruwais project's capacity will be dedicated to long-term commitments, with approximately 23% of the supply allocated to Japanese customers. It also contributes to Adnoc's expansion in the LNG market and ensures reliable, low-emission supplies to Asia and globally. The deal reflects the ongoing trust between the two companies and their strategies to develop the LNG industry.

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