Economy
ADNOC inks 10-year LNG supply agreement with Gujarat Energy
The Hindu1h
THE BRIEF
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Abu Dhabi National Oil Company signed a 10-year sales agreement with Gujarat Energy on Friday to supply up to four million tonnes of LNG starting in 2028.
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The deal marks ADNOC's fifth Indian LNG supply pact, with XRG supplying product from its international portfolio through a global trading platform.
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ADNOC supplied over 500,000 barrels of crude daily to India in 2025 and is exploring expanded domestic storage of crude, LNG, and LPG.