In addition, RWE and ADNOC already signed a memorandum of understanding (MoU) last year on several years of LNG supplies to be delivered to Germany from 2023. LNG supplies from ADNOC can be delivered to Germany through either floating or land-based regasification terminals as these become operational.
Andree Stracke, CEO of RWE Supply & Trading says: “After the arrival of the floating terminal in mid-January, the first LNG delivery from Abu Dhabi is the next important step. The development of the LNG supply infrastructure in Germany continues to make rapid progress. RWE provides support wherever we are needed. I am pleased that we have ADNOC as a strong partner at our side and that we are working together to make Germany’s energy supply as secure as possible."
Ahmed Alebri, Acting CEO of ADNOC Gas says: “The successful delivery of the Middle East’s first LNG cargo to Germany demonstrates how the UAE is continuing to work closely with our strategic partners in responsibly providing secure, sustainable, and affordable energy supplies. The global demand for energy is increasing and as we build on the strong economic, energy security and climate action ties between our two nations, ADNOC Gas stands ready to provide further shipments of this key transition fuel to our partner, RWE and German industry.”
Green future for Brunsbuettel site
As a centre of technology and industry, Brunsbuettel will also be an important location for future imports of green molecules. In the immediate vicinity, RWE plans to build an import terminal for green ammonia, which – as a liquefied hydrogen derivative – can make an important contribution towards supplying Germany with green hydrogen. Around 300,000 tonnes of green ammonia are to be imported and distributed to customers annually via this terminal from 2026. German LNG Terminal GmbH plans to build and operate a multi-functional LNG terminal close by. As a shareholder, RWE supports the subsequent conversion of the terminal for importing green molecules.
ADNOC
ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification. To find out more, visit: www.adnoc.ae
For media inquiries, please contact: meda@adnoc.ae
Forward-looking statements
This press release contains forward-looking statements. These statements reflect the current views, expectations, and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment.
Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.
RWE is leading the way to a green energy world. With an extensive investment and growth strategy, the company will expand its powerful, green generation capacity to 50 gigawatts internationally by 2030. RWE is investing more than €50 billion gross for this purpose in this decade. The portfolio is based on offshore and onshore wind, solar, hydrogen, batteries, biomass, and gas. RWE Supply & Trading provides tailored energy solutions for large customers. RWE has locations in the attractive markets of Europe, North America, and the Asia-Pacific region. The company is responsibly phasing out nuclear energy and coal. Government-mandated phaseout roadmaps have been defined for both of these energy sources. RWE employs around 19,000 people worldwide and has a clear target: to get to net zero by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The Science Based Targets initiative has confirmed that these emission reduction targets are in line with the Paris Agreement. Very much in the spirit of the company’s purpose: Our energy for a sustainable life.
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E-Mail: matthias.beigel@rwe.com