ADNOC signs new 15-Year gas sales agreement with Dubai Supply Authority

The Abu Dhabi National Oil Company (ADNOC) signed, today, a 15-years gas sales agreement with the Dubai Supply Authority (DUSUP) for the supply of Natural Gas, to help meet Dubai’s energy needs.

The agreement was signed at ADNOC’s headquarters by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Director General of DUSUP, and H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.

“We will harness our gas resources for the benefit of the nation, working in close collaboration with our customers and partners, by making smart investments in the development of additional gas reserves,” said Al Jaber.

As part of its 2030 smart growth strategy, ADNOC plans to access undeveloped tight reservoirs, tap into its gas caps and expand sour gas production, ensuring that it delivers a sustainable and economic gas supply to meet the UAE’s growing demand for energy. In addition, it has commenced an exploration drilling programme to explore for, and appraise, the potential of individual gas deposits in tight reservoirs.