TotalEnergies, Shell, Mitsui, and bp have each acquired a 10% in ADNOC’s Ruwais LNG, a liquefied natural gas (LNG) project located in Al Ruwais Industrial City, Abu Dhabi.
Launched in June (2024), Ruwais LNG will be comprised of two liquefaction trains and will have a total capacity of 9.6 million tonnes per annum. Start-up is scheduled for the second half of 2028.
ADNOC remains the majority stakeholder of Ruwais LNG with a 60% stake. TotalEnergies, Shell, Mitsui, and bp make up the remaining 40%, with a 10% stake each.
Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, said that the project will accelerate development in AI Ruwais Industrial City, boost the local industrial ecosystem and create more skilled private sector jobs for UAE Nationals.
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