BPCL Secures Major LNG Deal with ADNOC Trading, Linked to Henry Hub
OIL & GAS

BPCL Secures Major LNG Deal with ADNOC Trading, Linked to Henry Hub

Bharat Petroleum Corporation (BPCL) has secured its first Liquefied Natural Gas (LNG) sourcing contract linked to the Henry Hub Index, marking a significant move to strengthen energy security and support India's transition to a gas-centric economy. The agreement, finalised with ADNOC Trading, a subsidiary of ADNOC Gas, was signed during India Energy Week 2025. BPCL’s Business Head for Gas, Akshay Wadhwa, and ADNOC Gas’s EVP of Sales and Trading, Philippe Khoury, were present at the signing ceremony.

This medium-to-long-term contract is intended to diversify BPCL’s LNG sourcing portfolio, ensuring reliable and competitive gas supplies to meet India’s growing energy demand. LNG deliveries under this agreement are set to begin in 2025.

The contract strengthens BPCL’s commitment to enhancing its LNG capabilities, aligning with India’s goal of increasing natural gas's share in its energy mix. The deal also underscores the strategic partnership between BPCL and ADNOC, further fortifying energy ties between India and the UAE.

This agreement represents a pivotal step for BPCL in reinforcing its position in the global LNG market, ensuring sustained energy security and competitiveness in a rapidly evolving energy sector.

News source: Livemint

Bharat Petroleum Corporation (BPCL) has secured its first Liquefied Natural Gas (LNG) sourcing contract linked to the Henry Hub Index, marking a significant move to strengthen energy security and support India's transition to a gas-centric economy. The agreement, finalised with ADNOC Trading, a subsidiary of ADNOC Gas, was signed during India Energy Week 2025. BPCL’s Business Head for Gas, Akshay Wadhwa, and ADNOC Gas’s EVP of Sales and Trading, Philippe Khoury, were present at the signing ceremony. This medium-to-long-term contract is intended to diversify BPCL’s LNG sourcing portfolio, ensuring reliable and competitive gas supplies to meet India’s growing energy demand. LNG deliveries under this agreement are set to begin in 2025. The contract strengthens BPCL’s commitment to enhancing its LNG capabilities, aligning with India’s goal of increasing natural gas's share in its energy mix. The deal also underscores the strategic partnership between BPCL and ADNOC, further fortifying energy ties between India and the UAE. This agreement represents a pivotal step for BPCL in reinforcing its position in the global LNG market, ensuring sustained energy security and competitiveness in a rapidly evolving energy sector. News source: Livemint

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement