In a significant energy deal, Adnoc Gas and Indian Oil have inked a 14-year agreement of $7 billion to $9 billion for the sale of LNG. The long-term deal will help provide energy security to India as well as increase Adnoc’s international LNG exports.
Adnoc Gas will start supplying LNG to Indian Oil from 2026 under the deal. The agreement is in line with India’s increasing need for cleaner fuels as it moves towards a greener energy mix while cutting down on coal dependence.
For Adnoc Gas, the deal confirms its status as a top LNG supplier to one of the world’s fastest-growing economies. It also strengthens economic relations between the UAE and India, supporting their strategic energy partnership.
With evolving global LNG markets, this agreement underlines India’s drive to secure stable sources of energy. It also marks the UAE’s growing role in the global gas market and sets both countries on track for long-term economic and environmental gain.
