Overview
- ADNOC Gas and Hindustan Petroleum signed a 10-year LNG sale and purchase agreement for 0.5 million tonnes per year.
- The contract was concluded during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s visit to India for talks with Prime Minister Narendra Modi.
- Cargoes will be delivered to HPCL’s 5 mtpa Chhara regasification terminal in Gujarat to support refineries, city gas networks, and sectors such as fertilizers, power, and petrochemicals.
- Supplies will originate from ADNOC’s Das Island liquefaction facility, with the deal valued at roughly $2.5–$3 billion.
- ADNOC says India is now its largest LNG customer and counts more than $20 billion in contracts, as the company advances export growth plans including the Ruwais LNG project.