4 major energy firms join ADNOC's Ruwais LNG project, each taking a 10% stake; ADNOC retains 60%.
United Arab Emirates: Major energy firms join ADNOC's Ruwais LNG project; each firm to take 10% stake. ADNOC's Ruwais LNG project will consist of two 4.8 million metric tonnes per annum (mmtpa) LNG liquefaction trains with a total capacity of 9.6 mmtpa. ADNOC will retain a 60% majority stake and serve as the lead developer and operator of the project.
July 10, 2024
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