ADNOC Gas Secures $3 Billion, 10 Year LNG Supply Deal with India’s Hindustan Petroleum
ADNOC Gas, part of the Abu Dhabi National Oil Company, has formalized a longterm supply contract to deliver liquefied natural gas (LNG) to India’s Hindustan Petroleum Corporation Limited. The deal, valued at around $2.5$3 billion over 10 years, covers the sale of 0.5 million tonnes per year of LNG sourced from ADNOC’s Das Island facility.
This agreement builds on previous memorandums of understanding and reflects growing energy ties between the UAE and India, reinforcing India’s strategy to diversify its gas supplies as demand rises in power, industry, and petrochemicals.
The LNG will support India’s energy transition goals by providing a cleaner‑burning fuel alternative to coal and oil, helping reduce emissions while expanding reliable energy infrastructure.
ADNOC Gas expects to increase its contract portfolio significantly by 2029, operating upwards of 15.6 MMTPA of LNG capacity, with Indian buyers forming a key customer segment.
Industry analysts say such long‑term agreements are vital for market stability, smoothing demand forecasts and underpinning future investment in LNG facilities and logistics globally.
