Oil & Gas
ADNOC LNG Signs LNG Supply Agreements with Vitol & Total
ADNOC LNG has signed up to a six-year supply agreement with Vitol, the world’s largest independent energy trader, for the sale of 1.8 million tons per
annum of post-2022 LNG volumes and a two-year supply agreement with Total for 0.75 million tons per annum of 2021 and 2022 LNG volumes.
These new agreements represent a continuation of the trusted relationship ADNOC has built with Vitol and Total, including, most recently, ADNOC and Vitol’s 2019 investment partnership in global storage terminal owner and operator VTTI. In the same vein, Total has operated in the United Arab Emirates for more than 80 years and remains one of ADNOC’s most long-standing international partners, with a number of ownership interests across the Group.