ADNOC Gas secures $450m LNG supply deal with Japan’s JERA

Abu Dhabi-based ADNOC Gas has signed a $450m three-year liquefied natural gas (LNG) supply agreement with Japan’s JERA Global Markets.

Under terms of the signed deal, ADNOC will supply JERA with around six million tonnes per annum of LNG from its Das Island liquefaction facility.

Believed to be the world’s third longest-operation LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since operations began in 1977.

The signed deal hopes to support Japan’s growing energy requirements and also builds on an existing UAE-Japan relationship between ADNOC Gas and JERA signed in 2023.

Kazunori Kasai, Chief Optimisation Officer at JERA and Chairman of JERA Global Markets, said, “This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive.”

Just last year (2024), JERA said it wants to handle over 35 million tonnes of LNG by 2035. It also said it wanted to handle 20GW of renewable energy capacity, and seven million tonnes of hydrogen and ammonia by the same date.

The plans were announced as part of the company’s growth strategy, which set a path for achieving carbon neutrality by 2050.

Read more: JERA sets strong LNG, renewables, and hydrogen targets for 2035

Fatema Al Nuaimi, CEO of ADNOC Gas, said that the company will continue to support Japan’s energy needs and reinforce its position as a reliable partner in the global LNG market.