Adnoc of UAE to Bolster LNG Supply in India Through Long-Term Agreement

Adnoc of UAE to Bolster LNG Supply in India Through Long-Term Agreement

During the vibrant Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the Abu Dhabi National Oil Company (Adnoc) showcased its prominence with visible branding throughout the event venue.

Standing as the foremost oil producer in the United Arab Emirates, Adnoc has committed to providing liquefied natural gas (LNG) for 15 years to India's leading energy firm. This move is part of Adnoc's broader strategy to increase solid contractual agreements for its impending export facility.

According to a recent announcement, Adnoc will annually supply 1 million tons of LNG to the Indian government-operated company. The majority of this energy resource will be sourced from the upcoming Ruwais project, currently under development. In addition to this recent agreement formalized last September, Adnoc has also engaged in a separate contract to supply an added 1.2 million tons per year from its Das Island facilities to Indian Oil.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts