On 19 January, Adnoc Gas announced a $2.5-3bn sales and purchase agreement with Indian state firm Hindustan Petroleum Corporation Limited (HPCL). The deal stretches ten years and involves the supply of 0.5mn t/y of LNG from Adnoc’s 6mn t/y Das Island facility. It builds on a Heads of Agreement signed last year (MEES, 8 August 2025).
“We are pleased to sign this long-term LNG supply agreement with Hindustan Petroleum Corporation which reflects the strong and growing energy partnership between the UAE and India,” says Adnoc Gas CEO Fatema Al Nuaimi. “This agreement underscores Adnoc Gas’ commitment to delivering reliable LNG to meet global demand, while supporting India’s ambition to increase natural gas to 15% of its energy mix by 2030.” (CONTINUED - 176 WORDS)