February 13, 2025 09:58 GMT
LNG: ADNOC Gas Signs Deal To Supply 1.2m tpa LNG To India Oil Corp
LNG
ADNOC Gas signs deal to supply 1.2m tpa of LNG to Indian Oil Corp under 14-year deal, EnergyWorld reports.
- Deliveries will begin in 2026.
- The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6m tpa, according to Energyworld.
- India aims to raise the share of gas in its energy mix to 15% by 2030 while the United Arab Emirates aims to become a key supplier of LNG.
- ADNOC has in recent days also agreed to supply 2.5m tons of LNG in total to India’s BPCL across 5 years, accounting for 40 LNG cargoes.
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