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EMSTEEL & ADNOC Gas ink 20-year natural gas deal valued up to $4.2 billion

27 Nov 2025 16:22 reported by Joy Liu

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EMSTEEL, a leading steel and building materials manufacturer in the UAE, and ADNOC Gas have completed a strategic 20-year natural gas supply agreement, effective on January 1, 2027.

The deal, valued between $3.5 billion and $4.2 billion, ensures a stable and reliable energy source for EMSTEEL’s operations and future expansion, reinforcing national energy security and industrial growth in the UAE. This long-term commitment strengthens the partnership between the two companies.

EMSTEEL, which powers its operations with 86% clean electricity, said that the reliable gas supply supports its transition to low-carbon steelmaking, including investments in green hydrogen and carbon capture under its True Green™ framework. The move also meets the UAE Industrial Strategy to build a diversified, low-carbon economy.

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