ADIPEC 2026: ADNOC Gas signs five-year LNG deal with TotalEnergies
ADNOC Gas has signed a five-year agreement to supply up to 1.6 million tonnes of liquefied natural gas to France's TotalEnergies, a deal announced on Tuesday during the week of the Abu Dhabi International Petroleum Exhibition and Conference, ADIPEC 2026, adding new volumes to the company's export portfolio.
Fatema Al Nuaimi, CEO of ADNOC Gas, said the agreement reflects confidence in the company as a reliable LNG supplier, while Stéphane Michel of TotalEnergies stressed the value of the partnership with Abu Dhabi in securing gas for the group's customers. The deal sits within ADNOC's new global LNG marketing and trading platform, which brings together ADNOC Gas, XRG and ADNOC Trading and targets 47 million tonnes per annum of marketable LNG beyond 2030, supported by the Ruwais LNG project.
At a high-level ministerial panel at ADIPEC themed "Energy Security Is National Security", Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE plans energy investments of AED150-200 billion by 2030, covering generation capacity, electricity networks, storage and integrated system operations. He said clean energy accounted for 32.4% of the UAE's electricity generation in 2025, on the way to the national target of 35% by 2031.
Al Mazrouei said diversification remains central to the country's energy strategy, with renewables, nuclear power and natural gas playing complementary roles. He also highlighted local manufacturing of critical equipment, investment in specialised national talent and partnerships between governments, producers, technology developers and investors, in support of the UAE Energy Strategy 2050 and the country's net zero ambitions.
Al Majlis Analysis: The first days of ADIPEC show two sides of one strategy. Abroad, Abu Dhabi is selling LNG on medium-term contracts to major partners such as TotalEnergies; at home, it is putting up to AED200 billion into the grids, storage and generation that data centres and advanced industry will need. The most telling number may not be the size of this deal but the 47 million tonne target beyond 2030, because every contract signed now is an early claim on a market that will widen once Ruwais comes on stream. And the gap between 32.4% clean electricity today and 35% by 2031 looks small on paper, but closing it takes investment on the scale the minister described.