ADNOC Gas has announced its intention to acquire a 60% stake in the Ruwais Liquefied Natural Gas (LNG) plant from ADNOC (Abu Dhabi National Oil Company) in the second half of 2028, at an estimated cost of around $5 billion.
ADNOC announced today at the ADIPEC exhibition the signing of the first long-term purchase and sale agreement (SPA) for the low-carbon liquefied natural gas (LNG) project in Ruwais region.