ADNOC Gas signs 10-year LNG deal with India’s Hindustan Petroleum

RIYADH: Abu Dhabi’s ADNOC Gas has signed a 10-year agreement with Hindustan Petroleum Corp. to supply 500,000 metric tonnes of liquefied natural gas annually, expanding its footprint in key Asian energy markets. Under the agreement, LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6 million metric tonnes per year. While financial details of the transaction were not disclosed, the deal further strengthens the Abu Dhabi company’s growing ties with Indian energy companies amid rising demand for cleaner fuel.

Raccontata daarabnews.com