Gas Deal

Shell, BP, Total, Mitsui sign up as partners in ADNOC gas project

The four companies will each take a 10% interest in the UAE energy company’s Ruwais LNG plant, which plans to start production in 2028

UAE President Sheikh Mohamed bin Zayed welcomes the heads of global energy companies visiting Abu Dhabi to sign agreements backing ADNOC’s Ruwais LNG project. (Photo: WAM)

Chief executives from three of Europe’s largest energy companies and a top Japanese conglomerate came to Abu Dhabi this week to sign agreements backing state-owned ADNOC’s ramped-up efforts to sell liquified natural gas.

Each of the firms – Shell,...