+
$7 Bn Gas Deal Reinforces India-UAE LNG Relations
OIL & GAS

$7 Bn Gas Deal Reinforces India-UAE LNG Relations

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).

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).

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?