ADNOC Logistics and Services has made a significant move to enhance its liquefied natural gas (LNG) capabilities by placing an order for four advanced LNG carriers, with a total investment of around $900 million. This strategic decision aligns with Abu Dhabi’s broader ambition to bolster its presence in the global gas market, focusing on increasing both supply and trading capabilities.
Each of the newly ordered vessels will have a capacity to transport up to 175,000 cubic meters of LNG, offering state-of-the-art technology for efficient and reliable shipping. The construction of these carriers will be undertaken at Jiangnan Shipyard in Shanghai, with an estimated delivery scheduled for 2029.
This expansion is poised to significantly impact the UAE’s energy sector by enhancing ADNOC’s logistics operations and supporting the country’s position as a key player in global energy markets. As demand for natural gas rises worldwide, ADNOC’s new fleet is expected to facilitate seamless trade and improve supply chain dynamics for LNG, further solidifying the UAE’s strategic role in the region.
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