ADNOC Gas Signs LNG Contract Worth Over $2.5 Billion with India

ADNOC Gas, the gas subsidiary of Abu Dhabi National Oil Company, announced the signing of a liquefied natural gas (LNG) supply contract with Hindustan Petroleum Corporation Limited (HPCL). According to the terms disclosed by the Emirati company, this agreement provides for the supply of 0.5 million tonnes of LNG per year over a ten-year period. The contract value would be between $2.5 and $3 billion, according to ADNOC Gas.