(WO) — ADNOC and XRG are pursuing new long-term LNG supply agreements with Germany’s RWE as part of a broader series of energy and industrial agreements between UAE and German companies.
ADNOC and RWE Supply & Trading signed a letter of intent (LOI) to advance up to two long-term LNG sales and purchase agreements, building on a strategic collaboration agreement signed in February 2026.
The companies will work toward supplying LNG to Germany and other European markets, as well as customers in Asia, beginning in the early 2030s. Potential supply would come from ADNOC Gas and XRG’s expanding LNG portfolio, including Ruwais and Das in the UAE, as well as projects in the U.S., Mozambique and Argentina.
ADNOC, XRG and Germany’s Securing Energy for Europe (SEFE) also signed a memorandum of understanding to explore opportunities across the natural gas and LNG value chains. The companies will assess potential cooperation in gas supply, infrastructure, logistics and portfolio optimization aimed at supporting European energy security.
The LNG agreements form part of a wider package announced by ADNOC, XRG and Masdar that could enable more than €5 billion ($5.9 billion) of investment across Germany’s energy and industrial sectors.
Separately, TA’ZIZ and Covestro signed an LOI outlining the next steps in a joint feasibility study for a proposed world-scale methylene diphenyl diisocyanate (MDI) value chain in Ruwais. Subject to the study and required approvals, the companies aim to determine the project’s next phase in the coming months, with a potential final investment decision and production startup in the early 2030s.
ADNOC, XRG and Masdar said they have already invested more than €20 billion across Germany’s energy and industrial sectors. ADNOC currently has 1.6 MMtpa of long-term LNG supply agreements serving the German market.
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