ADNOC L&S Orders Four LNG Carriers Worth $900 Million

ADNOC Logistics & Services has ordered four 175,000-cubic-meter LNG carriers valued at approximately $900 million to expand its fleet and support growing global gas demand.

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ADNOC Logistics & Services (ADNOC L&S) has placed an order for four new LNG carriers, each with a capacity of 175,000 cubic meters. The vessels are valued at approximately $900 million, according to a company announcement. This acquisition is part of ADNOC's strategy to expand its LNG shipping fleet in response to rising global demand for natural gas. The new carriers will support ADNOC's broader LNG marketing strategy, enabling the company to strengthen its position in the international energy market.