ADNOC Gas, HPCL Sign US$3 Billion LNG Supply Deal

22 Jan 2026 CW Team

The agreement was announced during the visit of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to India, where he met Prime Minister Narendra Modi. During the visit, Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company, and Vikas Kaushal, Chairman and Managing Director of HPCL, exchanged the signed contract.

Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said the long-term liquefied natural gas supply agreement reflects the strong and expanding energy partnership between the UAE and India. She added that the deal supports India’s ambition to raise the share of natural gas to 15 per cent of its energy mix by 2030, while reinforcing ADNOC Gas’ commitment to supplying reliable LNG to global markets.

The agreement converts a previously signed heads of agreement between the two companies into a binding long-term contract and covers the supply of 0.5 million tonnes per annum of LNG over its duration. The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of up to 6 million tonnes per annum and is among the world’s longest-operating LNG plants. Since operations began, Das Island has delivered more than 3,500 LNG cargoes worldwide.

The contract further strengthens the strategic partnership between the UAE and India and reinforces ADNOC Gas’ position as a trusted LNG supplier to Asia’s fast-growing energy markets. It also takes the total value of contracts supported and operated by ADNOC Gas to over US$20 billion. India is currently the UAE’s largest LNG customer and a key pillar of ADNOC Gas’ long-term growth strategy.

By 2029, ADNOC Gas is expected to operate 15.6 million tonnes per annum of LNG capacity, of which 3.2 million tonnes per annum will be contracted to Indian energy companies, including HPCL. The latest agreement aligns with ADNOC Gas’ broader strategy to expand its footprint in India and other high-growth Asian markets.

Over the past three years, ADNOC Gas has secured multiple long-term LNG supply agreements ranging from 0.4 million tonnes per annum to 1.2 million tonnes per annum, with contract tenures of up to 14 years, reinforcing its role as a leading supplier of reliable, lower-carbon LNG in the region.

ADNOC Gas plc and its subsidiaries have signed a long-term sales and purchase agreement with Hindustan Petroleum Corporation Limited valued at between US$2.5 billion and US$3 billion over a ten-year period. The agreement was announced during the visit of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to India, where he met Prime Minister Narendra Modi. During the visit, Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company, and Vikas Kaushal, Chairman and Managing Director of HPCL, exchanged the signed contract. Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said the long-term liquefied natural gas supply agreement reflects the strong and expanding energy partnership between the UAE and India. She added that the deal supports India’s ambition to raise the share of natural gas to 15 per cent of its energy mix by 2030, while reinforcing ADNOC Gas’ commitment to supplying reliable LNG to global markets. The agreement converts a previously signed heads of agreement between the two companies into a binding long-term contract and covers the supply of 0.5 million tonnes per annum of LNG over its duration. The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of up to 6 million tonnes per annum and is among the world’s longest-operating LNG plants. Since operations began, Das Island has delivered more than 3,500 LNG cargoes worldwide. The contract further strengthens the strategic partnership between the UAE and India and reinforces ADNOC Gas’ position as a trusted LNG supplier to Asia’s fast-growing energy markets. It also takes the total value of contracts supported and operated by ADNOC Gas to over US$20 billion. India is currently the UAE’s largest LNG customer and a key pillar of ADNOC Gas’ long-term growth strategy. By 2029, ADNOC Gas is expected to operate 15.6 million tonnes per annum of LNG capacity, of which 3.2 million tonnes per annum will be contracted to Indian energy companies, including HPCL. The latest agreement aligns with ADNOC Gas’ broader strategy to expand its footprint in India and other high-growth Asian markets. Over the past three years, ADNOC Gas has secured multiple long-term LNG supply agreements ranging from 0.4 million tonnes per annum to 1.2 million tonnes per annum, with contract tenures of up to 14 years, reinforcing its role as a leading supplier of reliable, lower-carbon LNG in the region.

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