July 06, 2026 [Reuters]- UAE state oil giant ADNOC launched a new liquefied natural gas marketing and trading platform on ​Monday, bringing the marketing activities of ADNOC Gas, ‌international investment arm XRG and ADNOC Trading into a single commercial unit.

The platform, based in the Abu Dhabi Global Market financial ​centre, is targeting 47 million metric tons per ​annum (mtpa) of combined marketable LNG by 2035, which ⁠would rank it among the world’s largest LNG players.

Here ​are some details:

• Rashid Al Mazrouei has been appointed chief ​marketing and origination officer for LNG, overseeing the marketing of the combined equity LNG portfolios of XRG and ADNOC Gas.
• Long-term LNG marketing ​will be centralised under the combined platform, though ADNOC ​Trading will remain the counterparty for trading activities with no change ‌to ⁠its existing customer contracts.
• ADNOC Gas’s existing commercial LNG arrangements are unchanged, with the platform expected to support the optimisation of marketing for its LNG volumes, including future volumes ​from the ​Ruwais LNG project.
• ADNOC ⁠CEO Sultan Al Jaber, who also heads XRG, said the move marked “a step-change in ​scale, flexibility and optionality” for the group’s ​LNG ⁠business.
• ADNOC Trading, established four years ago, has offices in Abu Dhabi, Singapore and Geneva.
• XRG, valued at more than $150 billion, ⁠said last ​year it was targeting a ​top-five position in global gas and LNG, with a capacity goal of 20-25 ​mtpa by 2035.