Adnoc Gas to supply TotalEnergies with up to 1.6 million tonnes of LNG in five-year deal

Adnoc Gas and TotalEnergies have signed a five-year deal to supply up to 1.6 million tonnes of liquefied natural gas, as Adnoc Gas expands its presence in the global LNG market. The agreement bolsters the partnership between the two companies and highlights the increasing demand for LNG. Fatema Al Nuaimi, CEO of Adnoc Gas, stated that the company is well-positioned to capitalize on this opportunity due to the growing global demand for LNG.

The deal comes at a time when Adnoc Gas has been executing its growth strategy, securing $8.2 billion in engineering, procurement, and construction contracts to support the expansion of its rich gas project, including Phases 2 and 3, valued at $3.9 billion and $4.3 billion respectively. This latest move further strengthens Adnoc Gas's position in the commercial market, especially as demand for LNG rises across Europe and Asia.

Asia remains the largest destination for LNG, accounting for approximately 65% of global imports in 2025, while Europe has emerged as a significant buyer as it seeks to replace Russian pipeline gas and manage storage needs. The agreement will allow TotalEnergies to maintain its status as one of the leading LNG portfolio suppliers.

Stephane Michel, president of Gas, Renewables, and Power at TotalEnergies, noted the strategic significance of the new supply. Adnoc Gas expects the planned integration of the Ruwais LNG project to significantly enhance its production capacity, bolstering its ambition to become one of the world's leading LNG suppliers. The deal also comes as Adnoc Gas is scaling up a new global LNG marketing and trading platform that aims to handle 47 million tonnes per annum of marketable LNG beyond 2030, positioning it among the world's leading LNG marketing and trading businesses.

Adnoc Gas currently supplies about 60% of the UAE's sales gas needs and delivers gas to end-customers in over 20 countries.