0 Comment(s)
Print
E-mail China.org.cn, April 21, 2025
Abu Dhabi National Oil Company (ADNOC) inaugurated its Beijing office on April 18, aiming to strengthen business relationships with Chinese customers and partners.
ADNOC also announced three liquefied natural gas (LNG) agreements at the ceremony, including the largest LNG deal ever between China and the United Arab Emirates.
Executives and officials from the UAE and China attend the inauguration ceremony for Abu Dhabi National Oil Company's new China office in Beijing, April 18, 2025. [Photo provided to China.org.cn]
Senior officials and business leaders attended the ceremony, including representatives from ADNOC partners China National Petroleum Corporation, Zhenhua Oil and Wanhua Chemical Group. The new office will focus on sales and marketing activities in China, according to ADNOC.
Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology and ADNOC CEO, addresses attendees at the inauguration of ADNOC's new China office in Beijing, April 18, 2025. [Photo provided to China.org.cn]
Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology and ADNOC CEO, said the Beijing office marks a new chapter in the company's long-term energy cooperation with Chinese partners and customers.
Al Jaber said ADNOC would use the new office and LNG agreements to "join hands with Chinese partners to further explore the potential of all aspects of the energy industry chain" and contribute to China's energy security.
The LNG agreements include a 15-year sales and purchase deal with ENN Natural Gas subsidiary ENN LNG (Singapore), which will supply up to 1 million metric tons of LNG annually from the low-carbon Ruwais project. This represents the largest LNG agreement ever between China and the UAE.
In addition, ADNOC Trading, a wholly owned subsidiary of ADNOC, signed the other two LNG agreements with CNOOC Gas & Power Group and Zhenhua Oil.
After years of close cooperation and strategic coordination, China has become an important importer of ADNOC's products. ADNOC said it will continue to be a long-term, reliable energy partner for China, deepening business ties and promoting sustainable economic growth.
