UAE - Mubasher: Abu Dhabi National Oil Company (ADNOC) signed an energy security and industry accelerator (ESIA) agreement to supply German-based firm RWE with liquefied natural gas (LNG).

Upon the deal, ADNOC will provide an LNG cargo in late 2022 to be used in operating the floating LNG import terminal in the German city of Brunsbüttel, Emirates News Agency (WAM) reported.

In addition, the UAE-based company has reserved additional shipments of LNG to its customers in Germany, which will be delivered in 2023.

Meanwhile, the UAE and Germany are expected to explore further opportunities to accelerate growth and collaboration across the hydrogen value chain.

ADNOC also announced the completion of the first direct diesel delivery from its production to Germany this September and agreed with Wilhelm Heuer GmbH to supply up to 250,000 tonnes per month of diesel fuel during 2023.

In line with the renewable energy partnership, Masdar will delve into more opportunities in the offshore wind markets in the North Sea and Baltic Sea in Germany to generate renewable energy production of 10 gigawatts (GW) by 2030.

Olaf Scholz, Germany’s Chancellor, said: “Through ESIA, we enable the swift implementation of strategic lighthouse projects on the focus areas of renewable energies, hydrogen, LNG, and climate action."

Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Climate Special Envoy, Managing Director, and Group CEO of ADNOC, noted: "This landmark new agreement reinforces the rapidly growing energy partnership between the UAE and Germany.”

Al Jaber added: “As we embrace the energy transition, ADNOC is fully committed to accelerate and invest in projects of energy security, decarbonisation, and climate action as we continue to be a responsible and reliable provider and trusted exporter of low-carbon energy."

Last month, ADNOC awarded five framework agreements worth $1.83 billion (AED 6.72 billion) for directional drilling and logging while drilling (LWD).