ADNOC gas signs 10-year LNG supply deal with HPCL worth up to $3 billion

January 20, 2026 12:12 PM

ADNOC gas signs 10-year LNG supply deal with HPCL worth up to $3 billion

Abu Dhabi National Oil Company Gas (ADNOC Gas) and its subsidiaries have signed a 10-year liquefied natural gas sales and purchase agreement with Hindustan Petroleum Corporation Limited, valued between $2.5 billion and $3 billion, the companies said on Monday. The agreement was announced during a visit to India by UAE President Sheikh Mohamed bin Zayed Al Nahyan, who held talks with Prime Minister Narendra Modi. The contract was exchanged by Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industr...

ADNOC Gas signs 14-year LNG Supply Agreement with Indian Oil Corporation

February 13, 2025 8:53 AM

ADNOC Gas signs 14-year LNG Supply Agreement with Indian Oil Corporation

ADNOC Gas has finalized a major long-term agreement to supply liquefied natural gas to Indian Oil Corporation Ltd, marking a significant expansion of energy cooperation between the UAE and India. The 14-year sales and purchase agreement (SPA), valued between $7 billion and $9 billion, will provide IndianOil with up to 1.2 million tonnes of LNG annually starting in 2026. This agreement converts the previous Heads of Agreement between the parties into an SPA, with the first deliveries set to begi...