Adnoc Gas appoints Fatema Al Nuaimi as new CEO

Adnoc Gas, the gas and LNG unit of UAE's Adnoc, has appointed Fatema Al Nuaimi as its new chief executive officer.

Al Nuaimi will replace the current CEO of Adnoc Gas, Ahmed Alebri, according to a statement by Adnoc Gas.

Effective January 1, 2025, Alebri will take on the role of CEO at Adnoc Sour Gas.

In her new role, Al Nuaimi will lead the delivery of Adnoc Gas’ ambitious business strategy
that is focused on growth and decarbonization, as announced during the company’s strategy update in November.

With over 25 years of experience in Adnoc and the energy sector, Al Nuaimi has held a variety
of leadership and technical positions.

Currently executive vice president, downstream business management at Adnoc, Al Nuaimi was previously the CEO of ADNOC LNG from 2019 till 2022 and, prior to that, was manager of Adnoc’s gas strategy and master planning unit.

As well as being a board member of Adnoc Gas, Al Nuaimi also sits on the board of Adnoc Offshore and is a director of Emirates General Petroleum (Emarat) as well as the ADIPEC executive steering committee.

Boosting LNG business

Last year, UAE’s Adnoc launched Adnoc Gas as part of its plans to further expand its international presence.

Adnoc is investing heavily in its LNG business, and in June, it made a final investment decision to build its LNG export terminal in Al Ruwais.

Adnoc Gas recently said it expects to splash about $5 billion to buy a 60 percent operating interest from its parent Adnoc in the Al Ruwais LNG export plant.

The LNG project will consist of two 4.8 mtpa trains with a total capacity of 9.6 mtpa, more than doubling Adnoc’s existing UAE LNG production capacity to around 15 mtpa, as the company builds its international LNG portfolio.

Adnoc currently owns a 70 percent stake in Adnoc LNG, that produces about 6 mtpa of LNG from its facilities on Das Island.

Earlier this year, Adnoc also said it will buy an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG export terminal in Texas from Global Infrastructure Partners.

Adnoc and NextDecade also entered into a 20-year LNG offtake agreement for the fourth Rio Grande LNG train.

The acquisition marks Adnoc’s first strategic investment in the US.

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