ADNOC LNG inks supply deals with Vitol, Total

By Adnan Bajic Abu Dhabi National Oil Co. (ADNOC), through its LNG unit, signed two liquefied natural gas supply deals with Vitol and Total.

Courtesy of ADNOC

Under its deal with the Swiss independent commodity trader Vitol, ADNOC LNG will supply 1.8 million tons per annum (mtpa) of post-2022 volumes.

The company said on Wednesday it has also firmed up a two-year supply agreement with Total for 0.75 mtpa of 2021 and 2022 LNG volumes.

LNG global demand is currently projected to grow by up to 5 per cent annually over the next 20 years. Much of this market confidence is due to LNG being produced

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