ADNOC Inks Natural Gas Supply Agreement with Emirates Steel
Abu Dhabi National Oil Company signed 10 year natural gas sales agreements with the UAE's largest steel producer Emirates Steel. Emirates Steel’s Chief
Abu Dhabi National Oil Company signed 10 year natural gas sales agreements with the UAE's largest steel producer Emirates Steel. Emirates Steel’s Chief Executive Mr Saeed Al Remeithi said “This agreement will ensure the security of supply and cost of natural gas to our plants, and demonstrates Adnoc's continued support of the UAE’s industrial sector.”
Adnoc has the potential to produce 11 billion cubic feet per day of natural gas and over 1 billion cubic feet per day of sour gas and accounts for more than two-thirds of supply of natural gas in UAE.
ADNOC also announced that it will advance a world-scale blue ammonia production facility in Ruwais in Abu Dhabi in the United Arab Emirates. The facility, which has moved to the design phase, will be developed at the new TA’ZIZ industrial ecosystem and chemicals hub in Ruwais. Blue ammonia is made from nitrogen and blue hydrogen derived from natural gas feedstocks, with the carbon dioxide by-product from hydrogen production captured and stored. Ammonia can be used as a low-carbon fuel across a wide range of industrial applications, including transportation, power generation and industries including steel, cement and fertilizer production. The facility’s capacity will be 1,000 kilotons per annum.
ADNOC is already a major producer of hydrogen and ammonia, with over 300,000 tons of hydrogen produced per annum at the Ruwais Industrial Complex.