ADNOC Gas signs 10-year LNG deal with Hindustan Petroleum

RIYADH, Aug 4 (Arab News): 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.

The deal also underscores ADNOC Gas' partnership with major Indian players, building on recent agreements with Indian Oil Corp. and GAIL India to support the country's energy security.