The move brings together the marketing activities of ADNOC Gas, investment arm XRG, and ADNOC Trading under one coordinated commercial unit, designed to strengthen the group’s competitiveness in the global LNG market.
The platform will be based in the Abu Dhabi Global Market financial centre and is expected to significantly expand ADNOC’s footprint in the international gas trade.
Targeting 47 Million Tonnes of LNG Capacity by 2035
The newly integrated platform is targeting a combined marketable LNG capacity of 47 million metric tons per annum (mtpa) by 2035, a scale that would position ADNOC among the world’s largest LNG players.
The ambition builds on the UAE’s broader strategy to become a major global supplier of low-carbon energy while strengthening its influence in global gas markets.
Leadership Appointment and Commercial Structure
As part of the restructuring, Rashid Al Mazrouei has been appointed chief marketing and origination officer for LNG. He will oversee the marketing of combined equity LNG portfolios from XRG and ADNOC Gas.
Under the new model, long-term LNG marketing will be centralised within the platform, while ADNOC Trading will continue to act as the counterparty for trading transactions without altering existing customer contracts.
Officials stressed that ADNOC Gas’s current commercial agreements remain unchanged, with the new structure aimed primarily at improving efficiency and optimising future volumes, including output from upcoming projects such as the Ruwais LNG development.
Strategic Push for Global LNG Leadership
ADNOC CEO Sultan Al Jaber, who also heads XRG, described the restructuring as a major strategic step.
He said the initiative represents “a step-change in scale, flexibility and optionality” for the group’s LNG business.
The consolidation reflects ADNOC’s broader ambition to become a dominant force in global energy markets at a time when demand for LNG continues to rise amid the global energy transition.
XRG’s Expanding Global Gas Ambitions
The restructuring also aligns with XRG’s long-term expansion strategy. Valued at more than $150 billion, the investment arm has previously stated its ambition to rank among the world’s top five gas and LNG players.
It has set a capacity target of 20–25 mtpa by 2035, positioning it as a key driver of ADNOC’s international gas growth strategy.
Global Trading Network and Market Positioning
ADNOC Trading, established four years ago, already operates across key global energy hubs including Abu Dhabi, Singapore, and Geneva, giving ADNOC a strong international trading footprint.
The new LNG marketing platform is expected to leverage this network while centralising decision-making and improving coordination across the group’s expanding gas portfolio.
A Unified Push Into a Competitive LNG Market
The restructuring underscores ADNOC’s push to scale up rapidly in a highly competitive LNG sector dominated by major global energy producers.
By combining production, investment, and trading functions under one structure, the company aims to enhance market responsiveness, optimise pricing strategies, and secure long-term supply contracts in key global markets.