Adnoc Establishes New LNG Marketing Platform

10 Jul 2026 Issue: 69 / 28 By: James Marriott

Adnoc has launched a global LNG trading platform, merging the LNG marketing activities of its subsidiaries Adnoc Gas, Adnoc Trading, and XRG to form the Abu Dhabi Global Market (ADGM). The new platform’s first deal was a 1mn t/y SPA with Japan’s Inpex.

On 6 July, Adnoc announced the launch of a new global LNG marketing and trading platform to consolidate the marketing activities of Adnoc Gas, XRG and Adnoc Trading. The latest reorganization of the Abu Dhabi state energy giant’s subsidiaries is intended to “enhance Adnoc and XRG’s ability to manage a growing LNG portfolio.”

Traditionally, Adnoc’s LNG marketing was limited to selling volumes from the 6mn t/y Das Island plant to long-term Japanese buyers. The expiry of long-term contracts in 2019 opened the door to a change, with Adnoc signing shorter-term agreements with a more diverse set of clients (MEES, 10 August 2018). The establishment of Adnoc Trading in 2020 opened up opportunities for trading third party cargoes (MEES, 2 October 2020). (CONTINUED - 1059 WORDS)