Business

SEFE and ADNOC Seal Major 3-Year LNG Deal to Boost Europe's Energy Security

Strategic Partnership Strengthens Europe's Energy Supply

In a significant move to enhance Europe's energy security, SEFE Securing Energy for Europe GmbH has announced a three-year liquefied natural gas (LNG) supply agreement with ADNOC Gas of the United Arab Emirates. Starting in the summer of 2025, the deal involves the supply of over 0.7 million tonnes of LNG, valued at approximately $400 million.

Building on Long-Term Collaboration

"This new medium-term LNG contract builds on the long-term supply agreement with ADNOC that we signed last year, thereby adding another flexible source of LNG to our portfolio - to the benefit of both Europe’s security of supply and our global market trading activities," stated SEFE Chief Commercial Officer Frederic Barnaud.