Abu Dhabi : ADNOC and Emirates Global Aluminium (EGA) have entered a five-year supply agreement for up to 1.5 million tonnes of calcined petroleum coke (petcoke), a vital raw material in aluminium production.
Valued at $500 million (AED1.84 billion), the agreement was signed during the “Make it in the Emirates” event in Abu Dhabi. It reflects ADNOC’s support for the UAE’s industrial growth and commitment to strengthening local supply chains.
Under the agreement, ADNOC Refining will supply at least 30 percent of EGA’s petcoke requirements from the Ruwais Refinery over the next five years. This will bolster the UAE’s position as a global aluminium supplier by reducing dependence on imports and enhancing domestic industrial capabilities, according to the Emirates News Agency (WAM).
The agreement was witnessed by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, and Abdulla Kalban, Managing Director of EGA. It was signed by Khaled Salmeen, ADNOC Downstream CEO, and Abdulnasser bin Kalban, CEO of EGA.
The 1.5 million tonnes of calcined petcoke will allow EGA to produce approximately 3.75 million metric tonnes of aluminium over the five years, equivalent to the annual consumption of Germany.
In 2024, EGA’s direct, indirect, and induced economic contribution to the local economy reached $6.4 billion (AED23.49 billion), representing 1.3 percent of the UAE’s GDP and supporting more than 52,000 jobs.
