UAE and Germany sign 15-year LNG supply deal for 1 million tonnes annually from 2028.

The UAE and Germany have agreed to a 15-year gas deal, with the UAE set to supply liquefied natural gas (LNG) to Germany from 2028. The deal will see Abu Dhabi National Oil Company (ADNOC) supply 1 million tonnes of LNG annually to German energy group SEFE, with the gas sourced from ADNOC's lower-carbon Ruwais LNG project. The agreement is set to further cement Europe's fossil fuel use and underpin the Middle Eastern country's plan to become a key supplier.

March 18, 2024
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