ADNOC Gas signs a decade-long LNG supply deal with HPCL, strengthening UAE–India energy ties and supporting India’s gas transition.
ADNOC Gas plc and its subsidiaries have announced the signing of a landmark long-term liquefied natural gas (LNG) supply agreement with Hindustan Petroleum Corporation Limited (HPCL). The sales and purchase agreement (SPA), valued between USD 2.5 billion and USD 3 billion, spans a ten-year period and marks a major step forward in strengthening the energy partnership between the United Arab Emirates and India. The agreement further underscores ADNOC Gas’ growing role as a dependable LNG supplier to fast-expanding Asian markets, particularly India.
The signing of the agreement was announced during an official visit to India by UAE President Sheikh Mohamed bin Zayed Al Nahyan, during which he held discussions with Indian Prime Minister Narendra Modi. The high-level engagement highlighted the strategic importance of energy cooperation in the broader bilateral relationship between the two nations, with LNG supply playing a central role in ensuring long-term energy security.
As part of the visit, His Excellency Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, formally exchanged the signed contract with Vikas Kaushal, Chairman and Managing Director of HPCL. The exchange symbolized the deepening collaboration between ADNOC Gas and Indian energy companies, as well as the shared commitment to long-term, mutually beneficial energy solutions.
Commenting on the agreement, Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, stated that the long-term LNG supply deal reflects the robust and expanding energy partnership between the UAE and India. She emphasized that the agreement reinforces ADNOC Gas’ dedication to supplying reliable LNG to meet rising global demand while directly supporting India’s goal of increasing the share of natural gas in its energy mix to 15% by 2030. This transition is seen as a key pillar of India’s strategy to reduce emissions and enhance energy affordability.
The newly signed SPA formalizes a previously agreed Heads of Agreement between ADNOC Gas and HPCL, converting it into a binding long-term contract. Under the terms of the agreement, ADNOC Gas will export 0.5 million tonnes per annum (mtpa) of LNG to HPCL over the next decade. With an estimated total contract value of USD 2.5–3 billion, the deal represents another significant milestone in the UAE–India strategic energy relationship.
With this agreement, the total value of long-term contracts supported and operated by ADNOC Gas now exceeds USD 20 billion. India has emerged as the UAE’s largest LNG customer and remains a cornerstone of ADNOC Gas’ long-term growth strategy. The company has repeatedly highlighted that its future expansion is closely linked to India’s sustained economic growth and rising energy needs.
By 2029, ADNOC Gas is expected to operate 15.6 mtpa of LNG capacity globally, of which 3.2 mtpa will be contracted to Indian energy companies, including HPCL. Supplies under this agreement will be sourced from the Das Island liquefaction facility, one of the world’s longest-operating LNG plants. Das Island has a production capacity of up to 6 mtpa and has delivered more than 3,500 LNG cargoes worldwide since operations began, demonstrating its long-standing reliability and strong operational performance.
The HPCL agreement aligns closely with ADNOC Gas’ broader strategy to diversify its customer base while deepening its footprint in India and other high-growth Asian markets. Over the past three years, ADNOC Gas has secured multiple long-term LNG supply contracts ranging from 0.4 mtpa to 1.2 mtpa, with durations extending up to 14 years. Collectively, these agreements strengthen ADNOC Gas’ position as a leading supplier of dependable, lower-carbon LNG to Asia’s rapidly evolving energy markets.
