Adnoc Gas Inks Supply Deal Worth Upto Dh 2bn with PetroChina International

Adnoc Gas has announced an agreement, valued between $450 million (Dh 1.65 billion) and $550 million (Dh 2 billion), to supply Liquefied Natural Gas (LNG) to PetroChina International Company Limited (PCI), a subsidiary of PetroChina Company Limited, one of the leading oil and gas producers and distributors in China.

This agreement underscores Adnoc Gas' growing global presence, particularly in the East and South Asian markets. Natural gas plays a crucial role as a transitional fuel, generating lower-carbon emissions than other fossil fuels, and Adnoc Gas is committed to ensuring reliable supply to its customers worldwide.

Ahmed Mohamed Alebri, Chief Executive Officer of Adnoc Gas, said: "We are pleased to sign this LNG supply agreement with PCI, further strengthening our presence in one of the world's fastest-growing gas markets. China continues to be a key market for Adnoc Gas, and this agreement further reinforces our role as a major LNG supplier across East and South Asia and beyond."