ADNOC Gas LNG deal sends 1.6m tonnes to TotalEnergies

ADNOC Gas will supply up to 1.6 million tonnes of LNG to TotalEnergies over five years, the companies said on Tuesday, in an ADNOC Gas LNG deal announced on the sidelines of ADIPEC 2026.

First deliveries are expected in 2026, TotalEnergies said in a statement issued from Paris. Neither company disclosed the value of the contract or its pricing terms.

Spread evenly, the volume works out at roughly 320,000 tonnes a year, or about 5% of the 6 million tonne annual capacity of ADNOC Gas’s Das Island plant, according to Gulf News.

Why the ADNOC Gas LNG deal matters now

The agreement comes as disruption in the Strait of Hormuz continues to curb Gulf exports and keep prices high, Gulf News noted. It also follows ADNOC’s launch of a global LNG marketing and trading platform that combines the LNG marketing activities of ADNOC Gas and XRG with the trading capabilities of ADNOC Trading.

That platform targets 47 million tonnes a year of marketable LNG beyond 2030. ADNOC says the scale would place it among the world’s leading LNG marketing and trading organisations and strengthen Abu Dhabi’s position as a global energy trading hub.

Fatema Al Nuaimi, chief executive of ADNOC Gas, said global demand for LNG continues to grow and the company is “well positioned to capture that opportunity”. The deal, she said, reflects the competitiveness of its supply offering and its ability to secure long-term partnerships.

Stéphane Michel, president of gas, renewables and power at TotalEnergies, said the agreement “marks another important milestone in our long-standing partnership”. He said the supply’s location between Europe and Asia would help the French group confirm its position as one of the main LNG portfolio suppliers.

A deepening TotalEnergies LNG supply partnership

TotalEnergies is a shareholder in ADNOC Gas and a partner in the Ruwais LNG project, The National reported. The two sides signed a three-year LNG supply deal in May 2023 that was expected to be worth $1bn to $1.2bn under market conditions at the time, according to Gulf News.

The French company describes itself as the world’s third-largest LNG player, with a portfolio of 44 million tonnes in 2025 and access to more than 20 million tonnes a year of regasification capacity in Europe. It aims to lift natural gas to close to 50% of its sales mix by 2030.

ADNOC Gas, listed on the Abu Dhabi Securities Exchange, supplies about 60% of the UAE’s sales gas needs and serves customers in more than 20 countries. Its LNG exports currently come from Das Island, and the Ruwais LNG plant is expected to add 9.6 million tonnes a year once commercial production begins in the second half of 2028.

Ruwais LNG, which Oil & Gas Journal describes as the region’s first all-electric LNG plant, will more than double ADNOC Gas’s LNG output, the publication reports. The company has also awarded $8.2bn of engineering, procurement and construction contracts for phases two and three of its rich gas project, announced in August, according to The National.

What happens next

With first cargoes due in 2026, the contract gives TotalEnergies flexible supply at a time when Europe is still replacing Russian pipeline gas. Asia accounted for about 65% of global LNG imports in 2025, according to International Energy Agency figures cited by The National.

For ADX investors, the ADNOC Gas LNG deal adds a medium-term offtake commitment ahead of the Ruwais start-up. It comes alongside other ADNOC announcements this week, including its partnership with OpenAI and a final investment decision at ADIPEC on the Ruwais Diyab unconventional gas development, and follows ADNOC Drilling’s $1.07bn nine-month profit reported last month.

The full announcement is available in TotalEnergies’ press release.