US EditionAdnoc Gas Signs 10-Year LNG Supply Agreement with India’s Hindustan Petroleum
INDIA, AUG 4 – The 10-year deal will supply 0.5 million metric tonnes annually from ADNOC's Das Island facility to support India’s cleaner fuel transition and energy security goals.
- Signing a ten-year HOA, ADNOC Gas PLC agreed to supply 500,000 metric tonnes of LNG annually to HPCL, with deliveries starting in 2026.
- India’s push to raise natural gas to 15% of its energy mix by 2030 underscores growing LNG demand, supported by ADNOC Gas’s third deal with Indian companies in the past year.
- With a capacity of six million metric tonnes per annum, the Das Island liquefaction facility ships over 3,500 cargoes since 1977, supporting ADNOC Gas’s supply chain.
- The agreement boosts ADNOC Gas’s footprint in Asian LNG markets, with LNG delivered to HPCL’s Chhara LNG Terminal in Gujarat, valued between $7-9 billion.
- As India seeks a cleaner energy future, partnerships like this one gain prominence, with natural gas positioned as a key transitional fuel and analysts highlighting the deal's role in securing international collaborations.
16 Articles
16 Articles
Emirates24|7
ZawyaADNOC Gas signs 10-year LNG supply agreement with Hindustan Petroleum Corporation
ADNOC Gas plc and its subsidiaries announced the signing of a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) for a 10-year term. The agreement underscores ADNOC Gas’ expanded global footprint, particularly across the high-demand Asian LNG market, reinforcing its role as a reliable global supplier of LNG. The long-term contract strengthens…
ADNOC Gas signs 10-year LNG deal with India’s Hindustan Petroleum
RIYADH: Abu Dhabi’s ADNOC Gas has signed a 10-year agreement with Hindustan Petroleum Corp. to supply 500,000 metric tonnes of liquefied natural gas annually, expanding its footprint in key Asian energy markets. Under the agreement, LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6 million metric tonnes per year. While
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
