Dubai (UAE) (AFP) - The United Arab Emirates-based ADNOC Gas Company announced on Tuesday the signing of an agreement to supply liquefied natural gas for a period of five years with the French company Total Energies.
Published on: 03/11/2026 - 11:05
The company said in a statement, “Signing an agreement with Total Energies for a period of five years to supply up to 1.6 million tons of liquefied natural gas.”
The French group announced that “the first shipments are scheduled for 2026.”
ADNOC Gas CEO Fatima Al Nuaimi said in the statement, “The global demand for liquefied natural gas is witnessing continuous growth, and ADNOC Gas has great capabilities and a leading position that qualifies it to benefit from this growth.”
A report published by the International Energy Agency on Tuesday stated that natural gas stocks in Europe have reached their lowest levels since 2013.
The agency stressed that this situation "increases the region's dependence on global liquefied natural gas supplies to meet peak seasonal demand, and may make the region more vulnerable to risks, especially if the next winter is colder than expected, or in the event of technical failures or any other supply disruptions."
© 2026 AFP
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