Free Trial

ADNOC Aims FID on LNG Export Plant in 2024

LNG

ADNOC said it will make an FID on an LNG export plant this year, according to Bloomberg.

  • This is the latest indication that the UAE wants to expand its footprint in the LNG market.
  • The LNG project at Ruwais will add 9.6m mtpa of gas exports, more than doubling ADNOC’s production capability.
  • The FID is expected for the Ruwais LNG project around early June.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.