UAE’s Adnoc Buys Gas Tankers From China as Part of LNG Push
- State producer says the vessels should be delivered by 2025
- The UAE’s boosting gas and oil output capacity to up exports
Illustration of one of ADNOC’s planned 175,000 cubic meter LNG vessels.
Source: Abu Dhabi National Oil Co.
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Abu Dhabi is increasing its fleet of liquefied natural gas tankers as the Persian Gulf producer raises output capacity amid a global shortage of the fuel.
State producer Abu Dhabi National Oil Co.’s shipping unit is buying two new LNG tankers from China that are expected to be delivered in 2025. They will be built at the Jiangnan Shipyard in Shanghai and bigger than any LNG vessels currently in Adnoc’s fleet, the company said.