ADNOC signs 10-year LNG supply deal worth $3 billion with Gujarat Energy

AI Summary

ADNOC has signed a 10-year agreement to supply liquefied natural gas to India's Gujarat Energy, with the deal valued at $3 billion. The agreement expands ADNOC's business in India, a major LNG market, following a separate supply deal with Hindustan Petroleum.

Abu Dhabi National Oil Company (ADNOC) has signed a 10-year liquefied natural gas supply agreement with India’s Gujarat Energy, the company said, expanding its presence in one of Asia’s key LNG markets. ADNOC Gas signed a $3 billion deal in January to supply India’s Hindustan Petroleum Corp with 0.5 million metric tons of LNG annually ...