EMSTEEL signs 20-year supply agreement with ADNOC Gas

EMSTEEL, UAE’s steel and building materials manufacturer, has signed an agreement with ADNOC Gas, which will ensure a stable and reliable supply of natural gas for the company’s operations and future growth.

The long-term agreement, signed for a period of 20 years and effective from 1 January, 2027, is valued between US$3.5 billion and US$4.2 billion.

This not only secures a dependable energy supply for one of the country’s leading industrial producers but also strengthens ADNOC Gas’ competitive position as a key enabler of industrial resilience and cleaner energy transition.

Saeed Ghumran Al Remeithi, Group Chief Executive Officer of EMSTEEL, commented: “EMSTEEL is proud to extend its long-standing partnership with ADNOC Gas through this landmark agreement, which reflects the strength of collaboration between two national champions driving the UAE’s industrial and economic transformation.

“This strategic partnership not only ensures a secure and sustainable energy supply for our operations but also reinforces our shared commitment to maximising In-Country Value and supporting the UAE’s Net Zero 2050 ambitions. With ADNOC Gas as a key energy partner, EMSTEEL will continue advancing green steel production, enhancing efficiency across our value chain, and contributing to the sustainable growth of the nation’s industrial ecosystem.”

Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, added: “This landmark agreement to supply EMSTEEL with lower-carbon natural gas, underpins ADNOC Gas’ role in boosting the UAE’s industrial growth and economic development. We remain firmly committed to delivering reliable, lower-carbon energy that powers national industries, drives value creation, and helps UAE’s long-term prosperity.”

EMSTEEL continues to contribute to the UAE economy through its growing supply of locally produced steel to ADNOC’s energy and infrastructure projects. The company’s operations are powered by 86 per cent clean electricity, and the company continues to invest in green hydrogen steelmaking, carbon capture, and circular manufacturing as part of its ‘True Green’ sustainability framework.