India, UAE Seal Long-Term LNG Supply Pact
POWER & RENEWABLE ENERGY

India, UAE Seal Long-Term LNG Supply Pact

India and the United Arab Emirates have concluded a long-term agreement to supply 0.5 million metric tonnes of liquefied natural gas per annum to India, strengthening bilateral energy ties and making the UAE India’s second-largest LNG supplier after Qatar.

The agreement was finalised during the visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to New Delhi, where he was personally received at the airport by Prime Minister Narendra Modi, a gesture underscoring the close relationship between the two leaders. The leaders later held restricted and delegation-level talks at the Prime Minister’s residence.

Briefing the media after the visit, Foreign Secretary Vikram Misri said the discussions resulted in a substantive outcome despite the short duration of the visit. He said the UAE has long been a key energy partner for India and that the new LNG supply agreement builds on an already comprehensive energy partnership.

Misri added that an additional memorandum of understanding on food safety and technical requirements was also signed. The MoU aims to facilitate trade by setting sanitary and quality standards, promote cooperation in the food sector, and encourage exports of food and agricultural products from India to the UAE. He said the agreement would benefit Indian farmers while contributing to food security in the UAE.

The two leaders also discussed emerging areas of cooperation, including civil nuclear energy, in the context of India’s legislative framework for the sustainable development of nuclear power. In addition, India and the UAE set a target to raise bilateral trade to US$200 billion annually by 2032 and agreed to move towards a strategic defence partnership. Two-way trade between the two countries stood at US$84 billion in the 2023–24 financial year.

The LNG supply agreement further reinforces the UAE’s role as a critical energy partner for India and deepens cooperation across strategic sectors between the two countries.

India and the United Arab Emirates have concluded a long-term agreement to supply 0.5 million metric tonnes of liquefied natural gas per annum to India, strengthening bilateral energy ties and making the UAE India’s second-largest LNG supplier after Qatar. The agreement was finalised during the visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to New Delhi, where he was personally received at the airport by Prime Minister Narendra Modi, a gesture underscoring the close relationship between the two leaders. The leaders later held restricted and delegation-level talks at the Prime Minister’s residence. Briefing the media after the visit, Foreign Secretary Vikram Misri said the discussions resulted in a substantive outcome despite the short duration of the visit. He said the UAE has long been a key energy partner for India and that the new LNG supply agreement builds on an already comprehensive energy partnership. Misri added that an additional memorandum of understanding on food safety and technical requirements was also signed. The MoU aims to facilitate trade by setting sanitary and quality standards, promote cooperation in the food sector, and encourage exports of food and agricultural products from India to the UAE. He said the agreement would benefit Indian farmers while contributing to food security in the UAE. The two leaders also discussed emerging areas of cooperation, including civil nuclear energy, in the context of India’s legislative framework for the sustainable development of nuclear power. In addition, India and the UAE set a target to raise bilateral trade to US$200 billion annually by 2032 and agreed to move towards a strategic defence partnership. Two-way trade between the two countries stood at US$84 billion in the 2023–24 financial year. The LNG supply agreement further reinforces the UAE’s role as a critical energy partner for India and deepens cooperation across strategic sectors between the two countries.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement