Adnoc Gas Signs LNG Supply Deal With TotalEnergies
The five-year agreement covers up to 1.6 million tonnes of liquefied natural gas between the two partners.
Updated on Nov. 3, 2026 in Oil and Gas
Live Poll
Do you expect your household energy bills to rise over the next year?
Adnoc Gas agreed to supply up to 1.6 million tonnes of liquefied natural gas to TotalEnergies under a five-year agreement. The deal builds on a long-standing partnership between the two companies.
Why it matters
Adnoc Gas said the agreement reflects growing demand for LNG and its confidence in delivering reliable supplies. The deal comes as Asia accounted for about 65 per cent of global LNG imports in 2025.
The agreement covers up to 1.6 million tonnes of LNG over five years. Adnoc Gas also awarded $8.2 billion in engineering, procurement and construction contracts this year, including $3.9 billion for Phase 2 and $4.3 billion for Phase 3 of the rich gas project.
The players
Adnoc Gas
Adnoc Gas is the gas arm of the Abu Dhabi National Oil Company and supplies approximately 60 per cent of the UAE's sales gas needs.
TotalEnergies
TotalEnergies is a French multinational energy company that is a shareholder in Adnoc Gas and a partner in the Ruwais LNG project.
The details
Adnoc Gas is scaling up a global LNG marketing and trading platform that combines the marketing activities of Adnoc Gas and XRG with the trading capabilities of Adnoc Trading. The platform targets 47 million tonnes per annum of marketable LNG beyond 2030.
Timeline
November 3, 2026: Adnoc Gas announced the five-year LNG supply agreement with TotalEnergies.
August 2026: Adnoc Gas announced $8.2 billion in engineering contracts for Phases 2 and 3.
Beyond 2030: The trading platform targets 47 million tonnes per annum of marketable LNG.
Market Landscape
The deal extends a partnership between Adnoc Gas and TotalEnergies that runs through Ruwais LNG, a project expected to significantly increase Adnoc Gas's production capacity. It positions Adnoc Gas to compete for a share of growing Asian LNG demand, which accounted for about 65 per cent of global imports in 2025.
Long-term LNG supply contracts like this one shape the availability of gas for importers across Asia and Europe. Buyers in those regions may see steadier supply as producers lock in multi-year volumes.
The takeaway
Long-term supply agreements signal how major producers plan for sustained LNG demand. Watching how partners like Adnoc Gas and TotalEnergies expand capacity can show where global gas markets are heading.
Further reading
Explore more on the Oil and Gas sector and its global LNG markets.
Source note: This article includes information reported by The National.
Live Poll
Do you expect your household energy bills to rise over the next year?
