ADNOC Gas and EMSTEEL Finalise 20-Year Natural Gas Supply Agreement
ADNOC Gas Plc and its subsidiaries on Wednesday signed a billion-dollar agreement valued between $3.5 and $4.2 billion with EMSTEEL, a major integrated steel and building materials manufacturer in the region.
The agreement, which will take effect on 1st January 2027, establishes a long-term supply of lower-carbon natural gas to support EMSTEEL’s operations and upcoming development plans.
The arrangement strengthens the established relationship between ADNOC Gas and EMSTEEL and highlights their shared focus on supporting sustainable economic progress in the UAE.
The agreement ensures a dependable source of energy for one of the UAE’s prominent industrial producers and enhances ADNOC Gas’ position as a contributor to industrial stability and the transition to cleaner energy.
Leadership Statements
Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said the agreement reinforces the company’s role in supporting the UAE’s industrial expansion and economic advancement. She stated that ADNOC Gas remains committed to providing reliable, lower-carbon energy that drives national industries, supports value creation, and contributes to the UAE’s long-term development.
Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, noted that the partnership provides a secure and sustainable energy source for the company’s operations. He said the agreement supports efforts to enhance In-Country Value and national economic strength. He added that with ADNOC Gas as an energy partner, EMSTEEL will continue progressing in green steel production, improving efficiency across its value chain, and contributing to the growth of the UAE’s industrial sector.
Recognition of ADNOC Gas’ Strategic Role
Highlighting ADNOC Gas’ significance, the ADNOC Board of Directors chose Habshan, one of the company’s key operational sites, as the location for its annual meeting last Monday. The decision reflects the company’s contribution to the UAE’s energy security, industrial stability, and reputation as a responsible and reliable global energy provider.
The Board’s meeting at Habshan demonstrates its confidence in the company’s strategic direction, workforce, and expanding role in the national economy.