Abu Dhabi National Oil Co (Adnoc) has taken a final investment decision on its planned Ruwais LNG plant, which will more than double the company’s production capacity to around 15m tonnes per annum.
The United Arab Emirates energy company has given the go-ahead to build a 9.6 mtpa facility comprising two 4.8 mtpa liquefaction trains.
Adnoc said it is the first LNG export facility in the Middle East and North Africa region to run on clean power, making it one of the world’s lowest-carbon intensity LNG plants.
The company also said the new terminal will leverage artificial intelligence and the latest technologies to enhance safety, minimise emissions and drive efficiency.
Adnoc said it had awarded a $5.5bn engineering, procurement and construction contract for the facility to a joint venture comprising Technip Energies, JGC Corp and NMDC Energy.
The FID was endorsed by Abu Dhabi Crown Prince and chairman of the Abu Dhabi executive council Sheikh Khaled Al Nahyan, who instructed the company to continue focusing on targeted growth locally and internationally to meet growing energy demand.
Adnoc has already signed some sales deals on its planned Ruwais LNG production, which start from 2028. But it has other volumes to sell.
Shipping arm Adnoc Logistics & Services has also been renewing and expanding its gas and LNG fleet.
The Ruwais project is seen as a competitor, albeit a much smaller one, to Qatar’s huge LNG expansion plans, under which production is due to ramp up from 77 mtpa of capacity today to 142 mtpa by the end of the decade.
Adnoc is one of the world’s oldest LNG producers. Its 6-mtpa plant at Das Island has been operational since 1977.
