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.