ADNOC Gas signs $3B LNG supply deal with India’s HPCL

ADNOC Gas has entered into a $3 billion liquefied natural gas (LNG) supply agreement with Hindustan Petroleum Corporation Limited (HPCL) of India. The deal involves the long-term supply of LNG, supporting India's energy diversification and transition goals. This agreement strengthens ADNOC Gas' position in the Indian market while providing HPCL with a stable LNG supply for its energy needs.

Counterparts (2)

supplier

A

ADNOC Gas

company

Abu Dhabi-based midstream gas company formed in 2021 as a spin-off from ADNOC, operating critical gas processing, pipeline, and marketing assets across the UAE. Manages 30+ billion standard cubic feet per day of gas processing capacity with a workforce of 5,000+ employees.

Offtaker

Hindustan Petroleum Corporation Ltd (HPCL)

company

Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas company focused on refining, distribution, and marketing of petroleum products. They are expanding into renewable energy and other related infrastructure projects.