{"id":13302,"date":"2025-02-13T05:50:51","date_gmt":"2025-02-13T05:50:51","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=13302"},"modified":"2025-02-13T05:50:51","modified_gmt":"2025-02-13T05:50:51","slug":"adnoc-gas-signs-14-year-lng-supply-agreement-with-indian-oil-corporation","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/13302\/","title":{"rendered":"ADNOC Gas Signs 14-Year LNG Supply Agreement With Indian Oil Corporation"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0ADNOC Gas has finalized a major long-term agreement to supply liquefied natural gas to Indian Oil Corporation Ltd, marking a significant expansion of energy cooperation between the UAE and India. The 14-year sales and purchase agreement (SPA), valued between $7 billion and $9 billion, will provide IndianOil with up to 1.2 million tonnes of LNG annually starting in 2026.<\/p>\n

This agreement converts the previous Heads of Agreement between the parties into an SPA, with the first deliveries set to begin in 2026. ADNOC Gas CEO Fatema Al Nuaimi emphasized the agreement\u2019s importance in supporting India\u2019s ambitious goal of increasing gas usage to 15% of its primary energy mix by 2030 while highlighting the company\u2019s commitment to providing lower-carbon energy solutions.<\/p>\n

The LNG will be sourced from ADNOC Gas\u2019s Das Island facility, one of the world\u2019s longest-operating LNG plants, with a production capacity of 6 million tonnes per annum. The facility has demonstrated its reliability through the successful delivery of over 3,500 LNG cargoes since beginning operations.<\/p>\n

This agreement follows ADNOC Gas\u2019s recent pattern of securing long-term supply contracts, with several deals ranging from 0.4 to 1.2 million tonnes per annum over periods of up to 14 years. These arrangements have strengthened the company\u2019s position as a leading LNG supplier to growing Asian markets.<\/p>\n

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