ADNOC and German firm sign decarbonisation agreement

Abu Dhabi National Oil Company (ADNOC) and German energy company, Wintershall Dea, have signed an agreement to collaborate on decarbonisation opportunities globally, and particularly in Germany.

According to the report, as part of the agreement, ADNOC entered into a liquefied natural gas (LNG) supply deal with German utility provider, RWE Aktiengesellschaft (RWE), with further cargoes reserved for German customers in 2023.

“Our partnership with Wintershall Dea could expand our low-carbon hydrogen production to Europe, where we have already sent demonstration cargoes to our customers,” ADNOC said.

“Partnerships such as these are essential for the development of a hydrogen economy and successful energy transition,” ADNOC added, without elaborating on the terms of the agreement.

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