He starts by talking about the UAE and how, ideally, all investors should make it their "priority" to invest in the Emirates.
Adnoc Gas, a world-class integrated gas processing company, on Thursday announced a five-year liquefied natural gas (LNG) supply agreement with Japan Petroleum Exploration Co., Ltd. (JAPEX), the Japan-based energy company.
The agreement, valued between $450 million (Dh1.65 billion) and $550 million (Dh2 billion), builds on the long-standing bilateral relationship between the UAE and Japan and Adnoc's track record of fostering mutually beneficial strategic partnerships with Japanese energy companies.
Commenting on the agreement, Ahmed Alebri, Chief Executive Officer of Adnoc Gas, said, "Japan is one of the UAE's largest and most important energy partners and we are very pleased to strengthen this relationship through this LNG supply agreement with JAPEX. The agreement reinforces Adnoc Gas' position as a global LNG export partner of choice and highlights the Company's growing global presence, particularly in the Asian LNG market."
Natural gas plays a crucial role as a transitional fuel with lower carbon emissions compared to other fossil fuels. It also serves as an important raw material in industrial value chains.
Adnoc Gas continues to leverage opportunities arising from Adnoc's integrated gas masterplan which links every part of the gas value chain in the UAE, ensuring a sustainable and economic supply of natural gas to meet local and international demand.
ALSO READ:
He starts by talking about the UAE and how, ideally, all investors should make it their "priority" to invest in the Emirates.
The road will be partially closed from May 19 to June 9
One station is scheduled to return to service next week, after 'all necessary maintenance and testing jobs have been completed'
Individuals that are physically active tend to ignore mild pain, considering it a normal part of exercise or sports
The campus is set to become the largest dedicated hub for AI and technology companies in the Middle East and North Africa
The fund is designed to finance the production of artistic and creative works in film, music, performances, and video games
This inclusive community service is available daily on Al Hamriya Beach from 6.00am to sunset
For the last three months, Marwa Harb's journey through intensive treatments has shown positive results