RWE and ADNOC agree on first LNG delivery to floating LNG import terminal at Brunsbüttel

Posted on 26 September 2022

• First commercial Liquefied Natural Gas cargo to arrive in Germany in late December
2022
• Memorandum of Understanding between RWE and ADNOC signed on multi-year LNG
supplies into Germany
• Further Memorandum of Understanding signed between RWE and MASDAR on jointly
exploring the potential for offshore wind projects in key global markets

RWE has reached agreements with two companies from Abu Dhabi: With Abu Dhabi National
Oil Company (ADNOC) on LNG supplies and with Masdar, Abu Dhabi’s flagship renewable
energy company, on cooperation in offshore wind.

ADNOC and RWE have signed a supply agreement on the first delivery of a cargo of Liquefied
Natural Gas (LNG) to be supplied to ‘Elbehafen LNG’ at Brunsbüttel, near Hamburg, Germany.
Elbehafen LNG will operate one of the two Floating Storage and Regasification Unit (FRSU), that
RWE chartered on behalf of the German government. The cargo is expected to be shipped from
Das Island, Abu Dhabi and to arrive in Germany in late December 2022. The cargo delivered by
ADNOC will be for 137,000 cubic metres of LNG and will be the first LNG to be supplied to the
German gas market via the floating LNG import terminal at Brunsbüttel. This marks an
important milestone in building-up an LNG supply infrastructure in Germany and setting-up a
more diversified gas supply.

Furthermore, the two companies have signed a Memorandum of Understanding (MoU) on
multi-year LNG supplies where cargoes will be delivered to Germany starting from 2023. LNG
supplies from ADNOC can be delivered to Germany through either floating or land-based
regasification terminals as these become operational.

Dr. Markus Krebber, CEO of RWE AG: “As RWE, we are committed to actively support the
German government to make energy supply as secure as possible. I am all the more delighted
to announce our agreement with ADNOC on the first LNG cargo to be shipped to our floating
LNG terminal in Brunsbüttel and our MoU for further LNG deliveries into Germany. The
acceleration of the energy transition remains key to tackling both the current energy crisis and

the climate crisis. This is what we are doing at RWE with massive investments in renewable
energy projects – on our own and together with partners. I am very pleased that we will join
forces with Masdar, a known and reliable partner to RWE for years in our London Array offshore
wind farm. Together we will explore the potential for widening the scope of our partnership in
offshore wind to further projects.”

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology,
and ADNOC Managing Director and Group CEO and Chairman of Masdar said: “The signing of
our first LNG agreement with a German customer, builds upon the longstanding bilateral
relationship between the UAE and Germany. As a customer-focused business, ADNOC is
accelerating its gas production and processing capacity to meet growing global demand for
LNG, a key fuel, both in today’s energy mix, and a critical fuel in the energy transition. In addition,
Masdar, the UAE’s renewable energy and green hydrogen powerhouse, signed important
agreements with RWE to pursue collaboration in a number of offshore wind projects, supporting
our broader efforts to grow renewable energy capacity and meet the world’s clean energy
needs.”

The MoU RWE signed with Masdar will focus on jointly exploring the potential to grow their
portfolios in offshore wind in key global markets. Under the MoU, the two companies will
evaluate opportunities in a number of different countries.