The shift from traditional oil to cleaner, sustainable energy is now unstoppable
Through continuous innovation and strategic planning, Concord Energy DMCC is committed to becoming a crucial player in the global LNG market, providing customers with efficient, reliable, and sustainable clean energy solutions.
Concord Energy DMCC launched its LNG business in 2019 and has been supplying LNG to the Northeast Asia region through a combination of spot trading and structured annual supply since 2021. In 2024, Concord Energy DMCC delivered over 900,000 tons of LNG to the region.
Concord Energy DMCC's Active Participation in the Global LNG Market
Building on its strong network in the crude oil and petroleum sectors, Concord Energy DMCC has expanded into the fast-growing global LNG market. By securing stable supplies from leading producers, the company is developing a diversified resource portfolio across key production regions.
With a focus on serving end-users in Southeast and Northeast Asia, Concord Energy DMCC optimizes storage tank utilization in China and provides reloading services. The company has secured 10-year usage rights to PipeChina LNG terminals through long-term agreements, enabling successful unloading operations at key terminals, including Tianjin, Dalian, Beihai, and Tianjin Dagang. Committed to long-term partnerships, Concord Energy DMCC collaborates with local customers to strengthen its role as a key LNG supplier. This includes term contracts with Chinese end-users such as Citi-Gas, power plants, glass factories, and ceramics manufacturers, ensuring a stable and reliable energy supply.
