ADNOC Gas And EMSTEEL Finalise Landmark 20-Year Natural Gas Supply Agreement For Sustainable Growth

ADNOC Gas Plc and its subsidiaries have entered into a significant agreement with EMSTEEL, a major player in the steel and building materials sector. This $4 billion deal, effective from 1st January 2027, ensures a steady supply of lower-carbon natural gas to support EMSTEEL's operations and future expansion. The agreement is valued between $3.5 and $4.2 billion.

The partnership highlights the enduring relationship between ADNOC Gas and EMSTEEL, showcasing their dedication to promoting sustainable economic growth within the UAE. By securing energy for one of the nation's top industrial producers, ADNOC Gas strengthens its role as a key facilitator of industrial resilience and cleaner energy transition.

Fatema Al Nuaimi, CEO of ADNOC Gas, stated, "This landmark agreement to supply EMSTEEL with lower-carbon natural gas underpins ADNOC Gas' role in boosting the UAE’s industrial growth and economic development. We remain firmly committed to delivering reliable, lower-carbon energy that powers national industries, drives value creation, and helps secure the UAE’s long-term prosperity."

Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, expressed that this strategic partnership not only guarantees a secure energy supply but also aligns with their shared goal of maximising In-Country Value. He added that it supports national economic resilience while advancing green steel production and enhancing efficiency across their value chain.

The significance of ADNOC Gas was further highlighted when its Board of Directors chose Habshan as the venue for their annual meeting last Monday. This site is one of ADNOC's most crucial operational locations. The decision underscores the company's vital role in ensuring energy security and industrial resilience for the UAE.

The Board's presence at Habshan signifies strong confidence in ADNOC Gas's strategic direction and its contribution to both the national economy and global energy markets. This move reflects trust in the company's leadership and its growing impact on economic stability.

This collaboration between ADNOC Gas and EMSTEEL is poised to contribute significantly to the sustainable growth of the UAE's industrial ecosystem. By focusing on cleaner energy solutions, both companies are set to play pivotal roles in driving forward national economic objectives.

With inputs from WAM