UAE’s ADNOC Gas and EMSTEEL Sign $4 Billion 20-Year Natural Gas Supply Agreement

UAE’s ADNOC Gas Plc and its subsidiaries announced the signing of a landmark $4-billion agreement, valued between $3.5 and $4.2 billion with EMSTEEL, one of the region’s largest integrated steel and building materials manufacturers.

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.

The company stated that, 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.

In clear recognition of ADNOC Gas’ strategic importance, the ADNOC Board of Directors selected Habshan, one of its most critical operational sites, to hold its annual meeting last Monday. The decision underscores the vital contribution of ADNOC Gas to the UAE’s energy security, industrial resilience, and global standing as a responsible and dependable energy provider.

During the visit, their Highnesses toured key facilities and were briefed on ADNOC Gas’ ongoing expansion programs, including major processing, compression, and sustainability initiatives that strengthen operational excellence and support the UAE’s long-term energy strategy. The Board’s presence at Habshan reflects strong confidence in the company’s direction, its people, and its growing contribution to the national economy.

EMSTEEL is the UAE’s largest publicly listed steel and building materials company, operating an integrated manufacturing plant, and exporting its products globally. By delivering a stable, long-term supply of lower carbon natural gas, ADNOC Gas is enabling EMSTEEL to scale production while managing emissions and strengthening the resilience of the UAE’s manufacturing base.