Adnoc Signs 15-Year LNG Sales and Purchase Deal with Indian Oil
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9 Articles
ADNOC Secures 15- Year Deal to Supply IndianOil with LNG
ADNOC announced today it has signed a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the supply of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) sourced primarily from ADNOC’s lower-carbon Ruwais LNG project. The 15-year SPA converts a previous Heads of Agreement into a definitive agreement and underscores ADNOC’s expanded g…
Adnoc signs 15-year LNG supply deal with IndianOil
1 million tonnes per annum From the Ruwais project Driven by UAE-India Cepa Adnoc has signed a 15-year deal to supply liquefied natural gas to Indian Oil Corporation (IndianOil), one of India’s biggest energy companies. The state-backed company will sell 1 million tonnes per annum (mtpa) from its lower-carbon Ruwais LNG project, Wam news agency reported. No financial details were given. As part of the agreement LNG cargoes will be delivered to a…
The Emirati oil company Abu Dhabi National Oil Corporation (Adnoc) has been awarded a 15-year contract to supply liquefied natural gas (LNG) to the Indian Oil Corporation, which will make it Adnoc’s largest LNG buyer by 2029. According to the press release, Adnoc will deliver one million tons of LNG to the Indian state company, mainly from the facilities it has under construction in Ruwais. In addition, the firms have another agreement to supply…
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