Emsteel, the UAE’s largest domestic steel producer, has signed a 20-year natural gas supply agreement with Abu Dhabi National Oil Company (ADNOC), valued between $3.5 billion and $4.2 billion. The deal will ensure stable gas deliveries beginning January 1, 2027, supporting both Emsteel’s existing production and its long-term expansion plans.
Driving UAE’s Net Zero 2050 and industrial growth
Emsteel emphasized that the agreement reinforces the UAE’s Net Zero 2050 pathway by securing the energy foundation required to scale low-carbon steelmaking, green-hydrogen technologies, and industrial innovation.
The company noted that 86% of its electricity already comes from clean-energy sources, and the new supply will strengthen its True Green™ sustainability framework, which includes:
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Green hydrogen–based steelmaking
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Carbon-capture and storage (CCS) technologies
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Circular and resource-efficient production models
The long-term supply arrangement also supports the UAE’s broader industrial policy and in-country value (ICV) program, strengthening domestic manufacturing capabilities and securing future investment in green infrastructure.
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