ADNOC Gas confirmed it is assessing alternative export corridors, including a feasibility study for an LNG terminal in Fujairah. The company highlighted Asia and west coast China as core target markets amid ongoing shipping dynamics in the Strait of Hormuz. Meanwhile, Middle East Gulf to China VLCC tanker earnings proved significantly more resilient than Atlantic crude routes.
ADNOC Gas is examining alternative export routes to supply customers and reduce reliance on the Strait of Hormuz amid regional shipping risks. Chief Executive Officer Fatema Al Nuaimi stated that no final investment or routing decisions have been made. The group is exploring options along the UAE's east coast while continuing domestic pipeline network expansion.
French energy major TotalEnergies has entered into two parallel LNG agreements connecting UAE gas production to Chinese downstream demand. Under a five-year contract, ADNOC Gas will deliver up to 1.6 million tonnes of LNG annually starting in 2026. TotalEnergies also signed a 15-year heads of agreement with Jiangsu Guoxin Group to supply 900,000 tonnes per year starting in 2028.
TotalEnergies signed a five-year agreement to receive up to 1.6 million tonnes of LNG from UAE-based ADNOC Gas starting in 2026. Concurrently, TotalEnergies signed a heads of agreement to supply 900,000 tonnes of LNG annually to China's Jiangsu Guoxin Group for 15 years starting in 2028.
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