ADNOC Launches Global LNG Marketing and Trading Platform in Abu Dhabi Global Market
ADNOC announced today the launch of a global Liquefied Natural Gas (LNG) marketing and trading platform in the Abu Dhabi Global Market (ADGM). The new integrated commercial platform combines the marketing operations of ADNOC Gas and XRG with the trading capabilities of ADNOC Trading.
This move aims to enhance operational flexibility and shipping options while supporting the growth of ADNOC's LNG portfolio, including the Ruwais LNG project and XRG's international expansion in gas and infrastructure. This will enable customers worldwide to access increased LNG supplies. The integrated platform will also strengthen the ability of ADNOC and XRG to manage their growing and diversified LNG portfolios, building on ADNOC's proven five-decade track record as a reliable supplier of this vital resource.
The platform targets the marketing of 47 million tonnes per annum (mtpa) of LNG by 2035, positioning it among the most significant platforms globally in this sector. This supports the capacity of ADNOC and XRG to bolster their expanding and diverse LNG portfolios and contributes to consolidating Abu Dhabi's position as a global hub for energy trade.
H.E. Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, stated: "In line with the vision and directives of our wise leadership, the UAE has cemented its leading position as a key contributor to global energy security and a reliable partner in supporting long-term growth and progress. With global LNG demand expected to grow significantly, the world will need reliable and responsible suppliers capable of providing supplies at scale. The integrated global LNG commercial platform we announced today combines ADNOC's marketing, trading, and shipping capabilities through a unified global hub in Abu Dhabi. It also represents a paradigm shift in the scale and flexibility of ADNOC's LNG marketing and trading platform and its ability to capitalize on commercial opportunities, thereby reinforcing the company's pivotal role in meeting the growing global demand for energy."
Rashed Khalfan Al Mazrouei has been appointed as the Head of LNG Marketing and Origination. Operating from ADGM, he will oversee the marketing of the LNG portfolios for both XRG and ADNOC Gas, as well as LNG marketing and origination operations. This will involve close collaboration with ADNOC Trading to unify marketing operations within the new integrated platform.
As part of his duties, Al Mazrouei will be responsible for ensuring business continuity across the integrated platform, building on the success of ADNOC Gas in establishing itself as a reliable LNG supplier since 1977, having delivered over 3,500 cargoes globally. Current commercial arrangements related to ADNOC Gas's LNG cargoes are planned to remain unchanged. The platform is also expected to enhance the company's profitability by supporting the optimization of LNG marketing activities, including future production from the Ruwais facility. Furthermore, the platform benefits from XRG's growing LNG portfolio, supported by its supply hubs and offices in Abu Dhabi and London.
Long-term LNG marketing operations will be consolidated within the new integrated platform, while ADNOC Trading will continue to oversee trading activities with no changes to current customer engagement mechanisms. Over the past four years, the company has successfully built a significant third-party LNG portfolio, emerging as one of the world's leading trading companies in this domain, with offices in Abu Dhabi, Singapore, and Geneva.
Notably, the shipping sector is a core pillar of the platform's operations. In 2025, ADNOC Trading's LNG shipping desk was ranked among the top LNG charterers operating in the physical freight market, as well as the Forward Freight Agreement (FFA) derivatives market globally. Concurrently, ADNOC Logistics & Services (ADNOC L&S) has expanded its proprietary LNG fleet to 20 vessels, including 14 modern two-stroke carrier vessels, thereby contributing to bolstering the UAE's LNG production and supporting the growth of global trade.