Adnoc confirms order for LNG carrier trio

UAE’s Adnoc Logistics & Services, a unit of Adnoc, confirmed it has placed an order for three 175,000-cbm LNG carriers at China’s Jiangnan Shipyard, boosting the total to five ships.

Adnoc Logistics & Services said in a statement on Thursday it would take delivery of these LNG carriers in 2025 and 2026.

The firm said the order is a part its plans to overhaul LNG fleet and supports its current LNG business and future growth plans, but it did not disclose any additional information regarding the order.

Jiangnan said in a separate statement the 175,000-cbm “LNG Jumbo” dual-fuel carriers would feature GTT’s Mark III Flex membrane system and a partial reliquefaction system.

LNG Prime reported on May 23, citing shipbuilding sources, that Adnoc Logistics & Services had exercised an option for two 175,000-cbm vessels as part of a contract signed earlier this year for two vessels.

In addition to this deal, the sources said that the duo had signed another contract which includes one firm vessel and one option.

This puts the total to five firm LNG vessels and one optional ship with a total price tag of more than $1.2 billion, according to the sources.

Adnoc is heavily investing in LNG and plans to substantially boost its liquefaction capacity.

The state-owned firm recently appointed Houston-based McDermott as the design contractor for its planned LNG export plant in Fujairah.

The Fujairah LNG terminal will have two 4.8 mtpa LNG trains, boosting the company’s LNG production capacity by 9.6 mtpa, as it looks to respond to the growing global demand for natural gas.

Adnoc LNG, a joint venture in which the UAE giant has a 70 percent stake, currently produces about 6 mtpa of LNG from its facilities on Das Island off the coast of Abu Dhabi.

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

DET says Stade FSRU to be deployed in Jordan

State-owned German LNG terminal operator DET has sub-chartered the 2021-built 174,000-cbm FSRU, Energos Force, for deployment in Jordan, as it works on the next steps for the delayed Stade LNG import facility in Germany.

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.

More News Like This

Santos enters exclusive due diligence with Adnoc-led consortium

Australian LNG player Santos has entered into a process and exclusivity agreement with a consortium led by Adnoc's investment unit, XRG, related to the latter's $18.7 billion takeover offer.

India’s ITD Cementation scores Ruwais LNG jetty gig

India's ITD Cementation has won a contract to build a jetty for Adnoc's Al Ruwais LNG export project in the UAE.

SAIC Anji takes delivery of new LNG-powered PCTC

China’s Jiangnan Shipyard has delivered a new LNG-powered pure car and truck carrier to compatriot SAIC Anji Logistics.

Santos gets $18.7 billion takeover offer from Adnoc-led consortium

Australian LNG player Santos has received a takeover offer valued at $18.7 billion from a consortium led by Adnoc's investment unit XRG.