ADNOC Gas strengthens partnership with JERA Global Markets

 ADNOC Gas plc contiguous announced the signing of a $450 cardinal (AED1.653 billion) three-year liquefied earthy state (LNG) proviso statement with JERA Global Markets Pte. Ltd.

The statement reaffirms ADNOC Gas' presumption arsenic a reliable planetary supplier of cleanable vigor portion supporting Japan's vigor requirements.

The LNG volition beryllium supplied from ADNOC Gas’ Das Island liquefaction facility, which has a accumulation capableness of astir 6.0 cardinal tons per annum (mtpa).

As the world's 3rd longest-operating LNG plant, Das Island has shipped implicit 3,500 LNG cargoes worldwide since opening operations.

Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said, "This statement builds connected the robust UAE-Japan vigor narration and decades of collaboration betwixt ADNOC Gas and JERA solidifying our shared committedness to ensuring vigor information and enabling a lower-carbon future.

We volition proceed to enactment Japan’s vigor needs and reenforce our presumption arsenic a reliable spouse successful the planetary LNG market.”

Kazunori Kasai, Chief Optimisation Officer, JERA Co., Inc. and Chairman, JERA Global Markets, said, “As a utility-backed trader, JERA Global Markets’ intent is to supply vigor information to the communities that we serve.

This proviso statement with our long-standing spouse ADNOC Gas reflects the progressive measures we instrumentality to guarantee that our planetary portfolio remains diverse, flexible, and competitive.”

As a lower-carbon vigor source, LNG plays a captious relation successful planetary efforts to modulation to cleaner vigor solutions. This statement aligns with some companies’ ambitions to beforehand sustainable vigor practices.

ADNOC Gas’ Das Island LNG facilities person been supplying LNG to Japanese vigor companies for 48 years.

This latest agreement, gathering upon a akin 2023 proviso agreement, further cements the bequest of collaboration betwixt the UAE and Japan, reflecting ADNOC Gas' relation arsenic a preferred LNG supplier to cardinal planetary markets.

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