ADNOC targets low-carbon LNG
Emirati NOC’s new low-carbon liquefaction plant to benefit from low gas cost and marketing might
The UAE’s state-owned ADNOC is expected to capture a slice of future demand for low-carbon LNG, following in the footsteps of industry goliath Qatar, as it capitalises on its relatively low cost of gas production, ample capital and marketing prowess. A new 9.6mt/yr liquefaction plant will be built in the industrial city of Ruwais at a value of $5.5b for the EPC contract. The two 4.8mt/yr trains, which are expected to start in 2028, will emit less carbon dioxide than regular facilities because they will be fed by solar and nuclear power. “The plant will use electric-driven motors instead of conventional gas turbines and will be powered by clean energy, making it one of the lowest-carbon inten
Also in this section
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results