In the ADNOC L&S fleet dispatch center in Abu Dhabi, the latest order for the construction of three ultra large liquefied gas vessels has just been finalized. This energy logistics giant listed in Abu Dhabi is rapidly building a global clean energy transportation network with continuously landing new ship orders.

3 VLGCs locked in a 7-year long-term lease

The total investment of ADNOC L&S this time is 1.19 billion dirhams, about 324 million US dollars, to order three 90000 cubic meter ultra large liquefied gas ships, with a single ship cost of about 108 million US dollars. All new ships are planned to be delivered in the second half of 2029. These new ships have already secured a 7-year charter contract with ADNOC Global Trading during the construction phase, in order to lock in stable cash flow for future operations.

This order will add 270000 cubic meters of liquefied gas transportation capacity to ADNOC L&S, further filling the capacity gap for liquefied petroleum gas exports in the Middle East. At present, the construction shipyard has not officially disclosed, and the company has not disclosed the specific contract value and related financing arrangements of this 7-year lease.

Global gas transport fleet continues to expand rapidly

Over the past 12 months, ADNOC L&S has maintained a high pace of fleet expansion. Two months ago, the company spent 4.8 billion dirhams, approximately 1.3 billion US dollars, to complete the acquisition of six ultra large crude oil ships and five ultra large liquefied gas ships. After the transaction was completed, its VLGC fleet size directly increased to 12 ships. After the delivery of the three new ships, the total size of its VLGC fleet will be further expanded to 15 ships. Keywords: liquefied gas transportation, energy

In addition to liquefied gas carriers, ADNOC L&S is also simultaneously expanding its LNG transport fleet on a large scale. In July 2026, the company ordered four 175000 cubic meter LNG transport ships from Jiangnan Shipyard, with a total contract value of approximately 900 million US dollars. In August, the company also exercised the option to purchase two more ships, with an additional investment of 444 million US dollars. The total scale of the LNG new shipbuilding plan has been expanded to 20 ships. The expansion of the entire fleet is building a more stable global transportation support system for energy exports from the Middle East.Editor/Cheng Liting