ADNOC is eyeing an entry to the European LNG market through its subsidiary ADNOC Gas, which signed a three-year LNG supply deal with Securing Energy for Europe (SEFE).
ADNOC CEO Sultan Al-Jaber and ADNOC Gas CEO Fatema Al Nuaimi have charted a controlled expansion plan, targeting energy-starved yet risk sensitive European Union economies.
This note explores ADNOC’s European entry, including:
- Details of the ADNOC-SEFE deal
- ADNOC’s expansion plan
- Core differences with the Qatari LNG contracts
- Emirati EU expansion outlook
