An agreement between ADNOC Logistics and Services and INPEX to cooperate in supplying ships with liquefied natural gas (LNG) fuel

Media In Abu Dhabi, 5 December 2018,
ADNOC Logistics and Services Company (INPEX) today signed a framework agreement to discuss ways of joint cooperation in the supply of liquefied natural gas (LNG) ships in the UAE.
Under the agreement, ADNOC Logistics and Services, the wholly-owned subsidiary of Abu Dhabi National Oil Company (ADNOC) and INPEX, will collaborate in the supply of liquefied natural gas (LNG) vessels in the UAE and the possibility of joint expansion of activities in this area to cover Other regions, including Southeast Asia.
The use of liquefied natural gas (LNG) as ship fuel is expected to grow significantly as shipowners seek new fueling solutions to meet the IMO’s requirements to reduce sulfur dioxide emissions for 2020. The UAE has a strategic position as a major ship refueling hub, As a reliable LNG producer and exporter through ADNOC LNG.
“ADNOC Logistics and Services has a long history of liquefied natural gas (LNG) transportation and ship refueling. Through our partnership with INPEX, we aim to provide our customers with safe and efficient shipbuilding solutions,” said Captain Abdulkarim Al Moussabi, CEO of ADNOC Logistics and Services. With the support of our sister company ADNOC LNG and our INPEX partner, we have a great opportunity to become a major supplier in the LNG supply market.