+
GAIL signs 10-year LNG deal with ADNOC gas
OIL & GAS

GAIL signs 10-year LNG deal with ADNOC gas

GAIL (India) Limited has entered a landmark 10-year Sales and Purchase Agreement (SPA) with UAE-based ADNOC Gas for the supply of up to 0.52 million metric tonnes of liquefied natural gas (LNG) annually, starting in 2026. This agreement represents ADNOC Gas’s first long-term LNG deal with an Indian buyer.

Under the agreement, ADNOC Gas will deliver six LNG cargoes per year from its Das Island facility, which has a processing capacity of 6 million metric tonnes per annum (MMTPA).

Sanjay Kumar, Director (Marketing) at GAIL, emphasised the growing demand for LNG in India, stating, “This SPA is a key step in expanding GAIL’s LNG portfolio to meet diverse consumer needs.”

Rashid Khalfan Al Mazrouei, Senior Vice President of ADNOC Gas, highlighted the agreement’s strategic importance, adding, “It strengthens ADNOC Gas’s position as a global natural gas provider and underscores our role as a trusted energy partner for India.”

Global LNG demand is projected to grow by 15% over the next decade, driven by China’s transition from coal to gas and increased LNG use for power generation in Southern and Southeast Asia. ADNOC Gas plans to more than double its LNG production capacity to capitalise on this demand for lower-carbon energy solutions.

India, the world’s fourth-largest LNG importer in 2023, is poised for further growth in LNG imports as the nation seeks to increase the share of natural gas in its primary energy mix from 6% to 15% by 2030. (ET) ?

GAIL (India) Limited has entered a landmark 10-year Sales and Purchase Agreement (SPA) with UAE-based ADNOC Gas for the supply of up to 0.52 million metric tonnes of liquefied natural gas (LNG) annually, starting in 2026. This agreement represents ADNOC Gas’s first long-term LNG deal with an Indian buyer. Under the agreement, ADNOC Gas will deliver six LNG cargoes per year from its Das Island facility, which has a processing capacity of 6 million metric tonnes per annum (MMTPA). Sanjay Kumar, Director (Marketing) at GAIL, emphasised the growing demand for LNG in India, stating, “This SPA is a key step in expanding GAIL’s LNG portfolio to meet diverse consumer needs.” Rashid Khalfan Al Mazrouei, Senior Vice President of ADNOC Gas, highlighted the agreement’s strategic importance, adding, “It strengthens ADNOC Gas’s position as a global natural gas provider and underscores our role as a trusted energy partner for India.” Global LNG demand is projected to grow by 15% over the next decade, driven by China’s transition from coal to gas and increased LNG use for power generation in Southern and Southeast Asia. ADNOC Gas plans to more than double its LNG production capacity to capitalise on this demand for lower-carbon energy solutions. India, the world’s fourth-largest LNG importer in 2023, is poised for further growth in LNG imports as the nation seeks to increase the share of natural gas in its primary energy mix from 6% to 15% by 2030. (ET) ?

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?