$7 Bn Gas Deal Reinforces India-UAE LNG Relations

17 Feb 2025 CW Team

The 14-year sales and purchase agreement (SPA) with Indian Oil enables ADNOC Gas to provide the export of up to 1.2 million tons per annum (mtpa) of LNG to India’s energy company, converting the previous heads of agreement between the parties into SPA, with first deliveries set to begin in 2026. ADNOC’s subsidiary plans to supply the LNG from its Das Island liquefaction facility, which has a production capacity of up to 6 mtpa. Perceived to be the world’s third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations. The UAE player has underlined that the LNG supply deal, valued in the range of $7 to $9 billion over its 14-year term, marks a major step forward in the partnership between the two companies, reinforcing its role as a reliable supplier of lower-carbon gas. The agreement with the Indian firm is said to build on ADNOC Gas’ strategy to expand its customer base, following a series of LNG deals signed over the past two years, ranging from 0.4 mtpa to 1.2 mtpa for periods up to 14 years. These types of agreements are seen as a way to reinforce the UAE company’s position at the top of the LNG supplier list to key growth markets in Asia, such as India. ADNOC Gas plans to take over ADNOC’s entire stake in the Ruwais LNG project in the second half of 2028 to boost its operated LNG processing capacity to 15.6 mtpa. With more than 7 mtpa of the project’s total production capacity already booked, the development will entail two LNG liquefaction trains. Two of the recent bookings came from Japan’s Osaka Gas and Germany’s Securing Energy for Europe (SEFE).

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..