BAKU, Azerbaijan, November 3. TotalEnergies has
signed a five-year agreement with ADNOC Gas to secure up to 1.6
million metric tons of liquefied natural gas (LNG), the French
energy giant announced on November 3. Deliveries under the deal are
scheduled to begin in 2026.
Stéphane Michel, President Gas, Renewables & Power at
TotalEnergies, pointed out that the new supply will enable
TotalEnergies to confirm its position as one of the main LNG
portfolio suppliers.
“The signing of this agreement with ADNOC Gas marks another
important milestone in our long-standing partnership and highlights
our commitment to deepening our cooperation over the long term,” he
noted.
Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, for her
part, said that the global demand for LNG continues to grow, and
ADNOC Gas is well positioned to capture that opportunity.
“This agreement reflects the strength of our LNG business, the
competitiveness of our supply offering and our ability to secure
long-term partnerships that support growth, enhance resilience and
create lasting value for shareholders," she added.
ADNOC Gas is a world-class, large-scale integrated gas
processing and sales company operating across the gas value chain,
from receipt of feedstock from ADNOC through large, long-life
operations for gas processing and fractionation to the sale of
products to domestic and international customers.
ADNOC Gas supplies approximately 60% of the UAE’s sales gas
needs and supplies end-customers in over 20 countries. ADNOC Gas’
LNG marketing activities contribute to ADNOC’s global LNG marketing
and trading platform, which integrates ADNOC Gas, XRG and ADNOC
Trading capabilities to serve customers across key international
markets.
TotalEnergies is the world’s third largest LNG player with a
global portfolio of 44 million tonnes in 2025 thanks to its
interests in liquefaction plants in all geographies. The company
benefits from an integrated position across the LNG value chain,
including production, transportation, access to more than 20 Mtpa
of regasification capacity in Europe, trading, and LNG
bunkering.