ADNOC Gas, a world-class integrated gas processing and sales company, has signed an a 10-year-term agreement with the Indian key energy player, Hindustan Petroleum Corporation Limited (HPCL), to supply it with 0.5 million metric tons per annum (mmtpa) of liquefied natural gas (LNG).
The LNG will be pumped from ADNOC Gas’ Das Island liquefaction facility. It is the world’s third longest-operating LNG plant, with a production capacity of 6 mmtpa. It has shipped over 3,500 LNG cargoes worldwide since it started operations.
“This long-term agreement with HPCL, also our third with an Indian company in the past year, reflects the strong energy partnership between the UAE and India. This milestone underscores ADNOC Gas’ ability to reliably meet rising global demand for LNG, and supports India’s ambition to increase natural gas to 15% of its primary energy mix by 2030,” Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, commented on the agreement.
ADNOC Gas is a subsidiary of the Abu Dhabi National Oil Company (ADNOC), officially launched on January 1, 2023, consolidating ADNOC Gas Processing, ADNOC LNG, and ADNOC Industrial Gas into a single entity. It is one of the world’s largest integrated gas companies, with a processing capacity of about 10 billion standard cubic feet per day (bscfd) and around mmtpa of liquid gas output.