RWE, a German multinational energy company has formed an agreement with Abu Dhabi National Oil Company (ADNOC) on LNG supplies.
ADNOC and RWE have signed a supply agreement on the first delivery of a cargo of liquefied natural gas (LNG) to be supplied to Brunsbüttel in Germany. The cargo is expected to be shipped from Das Island, Abu Dhabi, arriving in Germany in December 2022. ADNOC is set to deliver 137,000 cubic metres of LNG. This will be the first LNG to be supplied to the German gas market via the floating LNG import terminal at Brunsbüttel.
The two companies have also signed a memorandum of understanding (MoU) on multi-year LNG supplies, where cargoes will be delivered to Germany starting from 2023. LNG supplies from ADNOC can be delivered to Germany through either floating or land-based regasification terminals as these become operational.
Markus Krebber, CEO of RWE AG, says: ‘I am all the more delighted to announce our agreement with ADNOC on the first LNG cargo to be shipped to our floating LNG terminal in Brunsbüttel and our MoU for further LNG deliveries into Germany.’
