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ADNOC Gas EMSTEEL Contract

ADNOC Gas, EMSTEEL Ink $4 billion, 20-Year Natural Gas Supply Deal

ADNOC Gas has signed a $4 billion, 20-year natural gas supply agreement with EMSTEEL, securing stable lower-carbon gas for the UAE’s growing industrial sector. The long-term contract bolsters ADNOC Gas’ revenue base and underscores its role in supporting national manufacturing and energy-transition goals.

ADNOC Gas has signed a major long-term natural gas supply agreement valued between $3.5 billion and $4.2 billion with EMSTEEL, one of the UAE’s largest integrated steel and building materials producers. The 20-year contract, effective January 1, 2027, will deliver a stable supply of lower-carbon natural gas to power EMSTEEL’s manufacturing operations and future production growth.

The deal expands ADNOC Gas’ long-term revenue base across the industrial sector and reinforces its role in supporting the UAE’s manufacturing framework and broader energy-transition strategy.

ADNOC Gas CEO Fatema Al Nuaimi said the agreement underscores the company’s commitment to “delivering reliable, lower-carbon energy that powers national industries and drives long-term prosperity.”

EMSTEEL CEO Saeed Ghumran Al Remeithi said the partnership strengthens energy security for the company’s growing operations and aligns with its push toward green steel production and in-country value initiatives.

The announcement follows an ADNOC Board meeting held at ADNOC Gas’ Habshan complex, highlighting the company’s central role in advancing the UAE’s energy security, processing capacity expansions, and industrial resilience.

 

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