ADNOC, XRG, and SEFE Join Forces for Europe's Energy Security

The Abu Dhabi National Oil Company (ADNOC), XRG, and Securing Energy for Europe (SEFE) have signed a Memorandum of Understanding to explore cooperation across the natural gas and LNG value chains.

The agreement aims to strengthen energy security and supply resilience in Germany and Europe by combining ADNOC's UAE-based gas and LNG supplies with XRG's international supply network and SEFE's position in the European energy market.

The partnership will also assess opportunities to optimize portfolio management, shipping, and LNG cargo movements.

ADNOC has been increasing its role as an LNG supplier to Germany, having delivered the first Middle Eastern LNG cargo to Germany in early 2023 and since signing long-term LNG supply agreements with German customers.