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ADNOC inks 10-year LNG supply and purchase agreement with Gujarat Energy

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ADNOC inks 10-year LNG supply and purchase agreement with Gujarat Energy

NEW DELHI Abu Dhabi National Oil Company (ADNOC) on Friday signed a 10-year sales and purchase agreement with Gujarat Energy to supply up to four million tonnes of liquefied natural gas (LNG) from 2028, further strengthening its presence in India’s expanding gas market. The agreement marks ADNOC’s fifth LNG supply deal with an Indian company, following similar arrangements with Bharat Petroleum, Indian Oil Corporation, GAIL and Hindustan Petroleum.

Under the agreement, XRG, ADNOC’s international investment arm, will supply LNG produced outside the Gulf and owned by it through ADNOC’s global LNG marketing and trading platform. ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Downstream ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Downstream ADNOC supplied more than 500,000 barrels of crude a day to India in 2025, “almost one in ten barrels of [India’s] crude imports”.