ADNOC Gas And EWEC Forge $10 Billion Natural Gas Agreement To Propel UAE's Energy Transition

2025-01-21 08:06:04

(MENAFN- The Arabian Post)

ADNOC Gas has entered into a strategic partnership with the Emirates Water and Electricity Company (EWEC), marked by a 10-year natural gas sales and purchase agreement valued at $10 billion. This collaboration ensures a stable and flexible supply of natural gas, a critical component in the United Arab Emirates' (UAE) ongoing energy transformation efforts.

Fatema Al Nuaimi, CEO of ADNOC Gas, emphasized the significance of this alliance, stating that it supports the nation's net-zero ambitions and drives sustainable economic growth. She highlighted the role of natural gas in fueling over two-thirds of the UAE's industries, thereby contributing to economic diversification.

The agreement aligns with EWEC's strategic plans to decarbonize the energy sector, transitioning towards a clean and renewable-focused industry. By securing a reliable natural gas supply, EWEC can enhance its capability to deliver a secure, efficient, and decarbonized water and electricity infrastructure.

This partnership builds upon previous collaborations between ADNOC and EWEC aimed at reducing carbon emissions. Notably, a clean energy agreement was established to lower the carbon intensity of ADNOC's aviation fuel, positioning it as one of the lowest carbon intensity Jet-A1 fuels available.

In addition to this agreement, ADNOC Gas is advancing its liquefied natural gas (LNG) capabilities. The company has awarded contracts worth approximately $2.1 billion for an LNG pre-conditioning plant, compression facilities, and transmission pipelines to supply feedstock to the Ruwais LNG Project. This project aims to more than double ADNOC's current LNG capacity to over 15 million tonnes per annum, leveraging artificial intelligence and other innovative technologies to enhance safety, minimize emissions, and drive efficiency.

via Greenlogue

____________________________________

See also ENOC and Drive Terra to Establish UAE's Largest E-Bike Battery Swapping Network

This article first appeared on Greenlogu and is brought to you by Hyphen Digital Networ

Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com . We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

ADVERTISEMENT

MENAFN21012025000152002308ID1109112868

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.