29 Days
Source:
Sky News
Adnoc for Supply and Services Signs Agreement to Build Four New Tankers
Adnoc Supply & Services has signed an agreement with Jiangnan Shipyard in China to build four new LNG carriers, each with a capacity of 175,000 cubic meters, at a value of up to $900 million, with delivery expected in 2029. This investment aims to strengthen the company's fleet and increase its capacity to meet the growing global demand for natural gas, bringing the total number of its new carriers to 18. It also seeks to ensure revenue sustainability through long-term contracts. This initiative is part of Adnoc’s strategy to enhance its ability to transport gas efficiently and support the global energy market.
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