Financial Ports

ADNOC’s $444m LNG bet: Why 20 ships now define Abu Dhabi’s gas gambit

CLAVE 1 / 4ADNOC Logistics & Services has exercised options for two more 175,000 cu m LNG carriers, adding $444m to its newbuilding bill.

CLAVE 2 / 4The latest order lifts ADNOC’s LNG newbuild programme to 20 ships, with deliveries set for 2029.

CLAVE 3 / 4The Abu Dhabi-listed company has now committed $2.7bn to vessel acquisitions and newbuildings in 2026 alone.

CLAVE 4 / 4Five of the six LNG carriers already delivered are fixed to ADNOC Gas on contracts of up to 15 years.

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