ADNOC launched a global liquefied natural gas (LNG) trading and marketing platform on the Abu Dhabi Global Market (ADGM), with the aim of integrating the activities of ADNOC Gas, XRG and ADNOC Trading into a single structure.
The initiative aims to streamline an ever-expanding LNG portfolio, improve commercial flexibility, and offer more transport options to international customers. Furthermore, the new platform is designed to manage up to 47 million tons of marketable LNG annually by 2035.
An integrated platform for the global LNG market
With this structure, the company combines the marketing capabilities of ADNOC Gas and XRG with the trading capabilities of ADNOC Trading. The company aims to create a global hub in Abu Dhabi capable of handling long-term contracts, international supply, and more agile trading operations.
Furthermore, the platform will support the growth of Ruwais LNG, a key project within ADNOC Gas’s expansion. It also aligns with XRG’s international strategy in gas and infrastructure, a segment gaining importance due to increasing global energy demand.
Abu Dhabi gains prominence as an energy trading hub
Located in ADGM, the platform reinforces Abu Dhabi’s role as a financial and energy hub. The 47 mtpa target positions the company and XRG as a key player compared to other major LNG operators, particularly in a market where security of supply and maritime logistics are crucial.
Likewise, the company is maintaining its existing commercial agreements with ADNOC Gas, and ADNOC Trading will continue as the counterparty for trading operations, allowing the current interfaces with customers to be preserved while long-term marketing is centralized.
Ruwais LNG and XRG promote expansion
The Ruwais LNG project will be an important part of the company’s future volumes; the company expects the new platform to help optimize the sale of those shipments and facilitate more efficient management of the combined portfolio.
Furthermore, XRG brings an international gas and infrastructure base with a presence in London and Abu Dhabi. This connection expands the group’s commercial reach and enhances its ability to compete in markets where LNG plays a crucial role in the energy supply transition.
Rashid Al Mazrouei will lead the marketing
Rashid Al Mazrouei was appointed Director of LNG Marketing and Origination. His role will be to oversee the marketing of the combined portfolios of XRG and ADNOC Gas, with a focus on originating long-term contracts from Abu Dhabi.
Furthermore, his appointment continues the company Gas’s trajectory as an LNG supplier since 1977. The company has delivered more than 3,500 shipments worldwide, experience that will now be integrated with the group’s commercial and logistical capabilities.
Maritime transport will be crucial to the strategy
The platform also relies on the company’s maritime capabilities; ADNOC Trading ranked among the top LNG charterers in 2025, both in physical operations and freight derivatives.
At the same time, ADNOC Logistics & Services expanded its own LNG fleet to 20 vessels, including 14 modern dual-fuel vessels. This capacity supports the growth of LNG production in the UAE and strengthens the group’s presence in the global liquefied natural gas trade.
Source and photo: Adnoc.ae
