Osaka Gas Co. and ADNOC have signed a long-term Heads of Agreement (HOA) for the delivery of up to 0.8 million metric tonnes per annum (Mtpa) of liquefied natural gas (LNG), marking the first of its kind between the two companies.
The LNG will be primarily sourced from the Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Al Dhafra, Abu Dhabi and expected to start commercial operations in 2028.
It aims to be the first LNG export facility in the Middle East and North Africa (MENA) region to run on ‘clean power’.
Under the agreement, LNG cargos will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading Pte (OGEST).
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