Adnoc and Abu Dhabi utilities giant Taqa announced the signing of a 27-year utilities agreement to provide electricity, steam, water, and cooling infrastructure to the Ta’ziz Industrial Chemicals Zone. The utilities will contribute to Ta’ziz’s goal of delivering 4.7mn t/y of chemicals by 2028 (MEES, 10 October 2025). Ta’ziz, itself a joint venture of Adnoc and sovereign wealth fund ADQ (soon to be merged with the L’IMAD), will establish a service management company that will be the sole offtaker of the utilities.
“This multi‑year agreement with Taqa is a pivotal step in advancing Ta’ziz’s long‑term vision, driving sustainable growth and strengthening the UAE’s industrial base,” says Ta’ziz CEO Mashal al-Kindi. “Reliable and efficient utilities remain central to our value proposition, providing industry leaders with the stable infrastructure essential for world‑scale chemicals and transition‑fuels manufacturing.” (CONTINUED - 194 WORDS)