ADNOC Gas secures LNG supply deal with third Indian energy company

Dubai: ADNOC Gas has secured a 10-year deal to supply LNG to India's Hindustan Petroleum Corporation Limited. The contract sees the UAE energy company committing to sending out 0.5 million metric tonnes annually of the liquified natural gas (LNG).

This is the third supply deal for ADNOC Gas with a leading Indian energy company in the past 12 months.

"The agreement underscores ADNOC Gas’ expanded global footprint, particularly across the high-demand Asian LNG market," said a statement.

ADNOC Gas already supplies to Indian Oil Corporation and GAIL India, thus supporting 'India's energy security'.

Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said: “This milestone underscores ADNOC Gas’ ability to reliably meet rising global demand for LNG and support India’s ambition to increase natural gas to 15% of its primary energy mix by 2030.”

The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a current production capacity of 6 mmtpa.

"As the world's third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations," said a statement.