ADNOC Gas announced on Wednesday the signing of a landmark agreement with EMSTEEL valued between $3.5 and $4.2 billion. The 20-year agreement, effective January 1, 2027, secures a stable and reliable supply of lower-carbon natural gas to power EMSTEEL’s operations and future growth.
“This landmark agreement to supply EMSTEEL with lower-carbon natural gas underpins ADNOC Gas’ role in boosting the UAE’s industrial growth and economic development. We remain firmly committed to delivering reliable, lower-carbon energy that powers national industries, drives value creation and helps secure the UAE’s long-term prosperity,” said Fatema Al Nuaimi, CEO of ADNOC Gas.
This milestone reinforces the long-standing partnership between ADNOC Gas and EMSTEEL and demonstrates both companies’ commitment to driving sustainable economic growth in the UAE.
The agreement not only secures a dependable energy supply for one of the country’s leading industrial producers but also strengthens ADNOC Gas’ competitive position as a key enabler of industrial resilience and cleaner energy transition.
“EMSTEEL is proud to extend its long-standing partnership with ADNOC Gas through this landmark agreement, which reflects the strength of collaboration between two national champions driving the UAE’s industrial and economic transformation,” said Engineer Saeed Ghumran Al Remeithi, group CEO of EMSTEEL.
Al Remeithi added that the strategic partnership not only ensures a secure and sustainable energy supply for EMSTEEL’s operations but also reinforces the shared commitment to maximizing In-Country Value and supporting national economic resilience.
