ADNOC Expands LNG Empire With Major New India Supply Deal
The agreement gives Gujarat Energy up to 4 million tons of LNG over 10 years and expands ADNOC’s global gas marketing push.
- On Friday, ADNOC signed a 10-year agreement with Gujarat Energy to supply up to 4 million tons of LNG starting in 2028, marking the first sale from XRG's international portfolio.
- XRG's international supply connects production outside the Persian Gulf to Indian demand, representing ADNOC's fifth supply agreement with customers in India and deepening energy ties between the UAE and New Delhi.
- Avantika Singh Aulakh, Managing Director of Gujarat Energy, stated natural gas is 'central to driving India's shift toward cleaner energy,' while Rashid Al Mazrouei, ADNOC chief marketing and origination officer for LNG, said the deal provides 'reliable, flexible and long-term LNG supplies.'
- Earlier this week, ADNOC Gas signed a separate five-year agreement to supply up to 1.6 million tons of LNG to TotalEnergies, reflecting the company's broader strategy to accelerate its LNG business through a global marketing and trading platform.
- Despite constrained LNG flows through the Strait of Hormuz over the past eight months, the UAE remains confident in long-term demand and is developing the 9.6 million tons per annum Ruwais LNG project to support global supply.
23 Articles
23 Articles
ADNOC signs 10-year LNG supply deal with Gujarat Energy
New Delhi: Abu Dhabi National Oil Co (ADNOC) has agreed to supply up to 4 million tonnes of liquefied natural gas (LNG) to Gujarat Energy Ltd for over 10 years from 2028, marking the first commercial sale from the international gas portfolio of its investment arm, XRG. The agreement, structured as a long-term sales and … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp & Teleg…
ADNOC signs deal to supply up to 4 million tonnes of LNG to India’s Gujarat Energy
ABU DHABI: ADNOC on Friday signed a long-term Sales and Purchase Agreement (SPA) with Gujarat Energy Ltd to supply liquefied natural gas (LNG) to India from the international gas portfolio of XRG, ADNOC’s international investment company.The agreement marks the first sale of molecules from XRG’s international portfolio.Under the agreement, Gujarat Energy will receive up to 4 million tonnes of LNG over 10 years, starting in 2028. The agreement is…
Petrol Abu Dhabi National Corporation signed a 10-year agreement for the supply of liquefied natural gas to the Indian company Gujarat Energie, as part of the promotion of United Arab Emirates gas exports to Asian markets.
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