ADNOC Gas signs 14-year LNG Supply Agreement with Indian Oil Corporation

ADNOC Gas signs 14-year LNG Supply Agreement with Indian Oil Corporation

Daily Current Affairs   /   ADNOC Gas signs 14-year LNG Supply Agreement with Indian Oil Corporation

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Category : National Published on: February 17 2025

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  • ADNOC (Abu Dhabi National Oil Company)  has signed a 14-year agreement worth $7-9 billion with Indian Oil Corporation, under which 1.2 million tons of LNG will be supplied annually starting from 2026. 
  • This agreement will support India's goal of increasing the share of gas in its energy mix to 15% by 2030 and will establish ADNOC Gas as a leading LNG supplier in Asian markets.
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