Adnoc, Petronas pen Ruwais LNG supply deal

UAE’s Adnoc has signed a sales and purchase agreement with Malaysia’s Petronas to supply the latter with liquefied natural gas from its LNG terminal in Al Ruwais. According to Adnoc, the SPA converts the previous heads of agreement between the two firms into a definitive agreement. Under the 15-year deal, Adnoc will supply 1 million…

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Adnoc Gas says Q2 net income drops to $665 million

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