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What will be ADNOC's total annual LNG offtake from the US by end of 2026?
5
Resolution / Starting Odds
Less than 1.9 million tons • 25%
Exactly 1.9 million tons • 25%
2 to 3 million tons • 25%
More than 3 million tons • 25%
LNG trade reports, ADNOC's financial disclosures
Story
ADNOC Secures 11.7% Stake in NextDecade's Texas LNG Project, 20-Year Offtake Deal
May 20, 2024, 10:12 AM
Abu Dhabi National Oil Company (ADNOC) has made its first investment in a US LNG export project by securing an 11.7% stake in NextDecade's Rio Grande Phase 1 (Trains 1-3) in Texas. The deal includes a 20-year LNG offtake agreement, under which ADNOC will purchase 1.9 million tons per year of LNG from Rio Grande Train 4. This investment reflects ADNOC's strategic bet on future gas demand.
View original story
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Less than 10 million tons • 33%
10-15 million tons • 33%
More than 15 million tons • 33%
Less than 1 million tonnes • 25%
1 to 2 million tonnes • 25%
2 to 3 million tonnes • 25%
More than 3 million tonnes • 25%
Less than 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
More than 20% • 25%
Below 4.85M bpd • 25%
4.85M to 4.99M bpd • 25%
5M bpd • 25%
Above 5M bpd • 25%
Less than 10% • 25%
10% to 14% • 25%
15% to 19% • 25%
20% or more • 25%
Significant increase in prices • 25%
Moderate increase in prices • 25%
No significant change • 25%
Decrease in prices • 25%
Increased investment in renewable energy • 25%
Increased investment in other fossil fuels • 25%
No significant change in investments • 25%
Decreased overall investment in energy • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
Less than 3,000 tons • 25%
3,000 to 3,500 tons • 25%
3,500 to 4,000 tons • 25%
More than 4,000 tons • 25%
Above 25% • 33%
20% - 25% • 33%
Below 20% • 33%