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ADNOC and GAIL Sign MoU on LNG Supply Collaboration

LNG

ADNOC and GAIL today signed a MoU to explore collaboration opportunities in LNG supply and decarbonisation.

  • The agreement includes short and long term LNG sales, potential optimisation of LNG trading activities and the review of joint equity investments to support low carbon LNG supplies.
  • “India is a strategic partner of the UAE, and we have a strong and long-standing bilateral relationship. Through this important new agreement, ADNOC and GAIL will seek opportunities to broaden our commercial partnership, with a particular focus on lower carbon energy supplies, in this case LNG, and joint opportunities for collaboration in new projects, decarbonisation efforts and renewable energy,” said ADNOC CEO Sultan Al Jaber.
Energy BulletsCommodities
Energy BulletsCommodities

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