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AdNOC Signs Agreement to Build Four New Carriers to Expand Liquefied Natural Gas Transportation Fleet
Adnoc Shipping and Services announced the signing of an agreement to build four new LNG carriers, each with a capacity of 175,000 cubic meters, as part of its fleet expansion plan which will increase the fleet to 18 vessels. This investment aims to enhance the capacity to efficiently transport the global gas production to meet rising demand, with delivery of the ships scheduled for 2029. The deal is valued at approximately 3.3 billion AED (900 million USD) and comes within the context of investments exceeding 18.4 billion AED since 2022.
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