Adnoc has signed a long-term heads of agreement (HoA) with Japan’s Osaka Gas for 800,000 t/y of LNG from its under-development 9.6mn t/y Ruwais LNG facility. The Ruwais plant is due to start commercial operations in 2028, and will be the primary source of the Osaka Gas volumes.
Adnoc has inked similar such deals for Ruwais volumes with suppliers in Germany and China, while IOC’s which last month took equity positions in the LNG facility also signed up to take deliveries (MEES, 12 July). Adnoc says it has now signed sales commitments for 70% of Ruwais’ capacity. (CONTINUED - 206 WORDS)