Abu Dhabi’s ADNOC and its global energy investment platform XRG have joined forces with Japan’s Mitsui & Co. to pursue new growth opportunities across the energy value chain, strengthening a decades-long partnership between the UAE and Japan.

 

The companies signed a Strategic Collaboration Agreement (SCA) during the visit to Japan by Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Special Envoy to Japan, Managing Director and Group CEO of ADNOC, and Executive Chairman of XRG.

 

The agreement sets the stage for expanded cooperation in LNG, crude oil, sulfur, shipping, chemicals and international energy investments through XRG, while reinforcing ADNOC’s position as a key energy supplier to Japan and wider Asian markets.

 

Nasser Al Muhairi, Acting CEO of ADNOC Downstream Industry, Marketing & Trading, and Chairman of Ruwais LNG, said: “Japan is a cornerstone market for ADNOC, and Mitsui a longstanding and trusted partner."

 

"This agreement broadens our collaboration across the energy value chain – from LNG, crude oil and sulfur to shipping and chemicals – and, through XRG, opens new opportunities for international investment and lower-carbon growth. By combining our complementary strengths, we aim to enhance supply resilience, deliver greater value to our customers and unlock sustainable, long-term growth across Asia.”

 

The partnership will focus on strengthening crude oil market development, securing long-term supply opportunities, optimizing LNG sales, expanding sulfur procurement and logistics, and developing shipping solutions for LNG, ammonia, sulfur and other commodities.

 

Kenichiro Yamaguchi, Senior Executive Managing Officer, Mitsui & Co., said: “This Strategic Collaboration Agreement reaffirms Mitsui & Co.’s steadfast commitment to the UAE. We are confident that it will pave the way for an even stronger partnership with ADNOC and XRG across the energy and chemicals value chain. 

 

"Mitsui & Co. respects the long and successful relationship with ADNOC since the 1970s, and we sincerely appreciate this opportunity to formalize a broad-based and multifaceted framework for future collaboration.”