Deals Counterparts

Eni to supply gas to ADNOC Gas under long-term LNG agreement

Supply Agreement LNG announced UAE Jan 30, 2025
12 mtpa
Capacity
development
Stage
Argentina LNG project
Project

ADNOC Gas signed a long-term LNG supply agreement with Eni, strengthening the UAE's position as a reliable global gas supplier.

Source Intelligence

KEY DETAILS

The LNG project is expected to deliver 12 mtpa of LNG capacity, via two floating LNG facilities with a capacity of 6 mtpa each. The partners plan to reach a final investment decision (FID) during the second half of 2026. Up to 30 million mt YPF and several other companies are developing the large-scale Argentina LNG export project, with a capacity of up to 30 million mt.

Capacity
to join the 12 mtpa phase of the integrated Argentina LNG project
Location
will unlock Argentina’s Vaca Muerta shale basin
Announcement
By LNG Prime Staff February 12, 2026
Signing
Eni announced the signing of the binding joint development agreement (JDA) in a statement on Thursday.
PARTIES MENTIONED IN SOURCE
A
Adnoc's XRG developer

"Adnoc's investment unit XRG has signed a binding agreement"

Y
YPF developer

"with Argentina’s state-owned oil and gas company YPF"

E
Eni developer

"and Italian energy firm Eni"

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jan 30, 2025
Signed
Closed

Market Context

This deal is part of the LNG sector in UAE.
11
LNG deals
36
deals in UAE
1 of 11 LNG deals tracked this month · Updated daily

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