LNG
This figure marks an increase from QAR6.8 billion in 2022
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.
The country is reviving ambitions to become regional LNG hub after clearing petroleum sector arrears
Qatar's gas production will stay steady for 140 years before a major boom
ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors
Agreement marks ADNOC's first long-term LNG deal with Osaka Gas, underscoring the long-standing energy partnership between the UAE and Japan
LNG production trains allow the government to improve operational efficiency, maximize the use of existing facilities
Exports from the three largest global LNG exporters, the U.S, Australia and Qatar, accounted for 60 percent of all LNG exports in 2023
His Highness met with heads of global energy companies to discuss the future of the sector
Partnership further supports UAE-China trade ties and the Belt and Road Initiative
