A long-term deal between ADNOC Gas & Indian Oil (Business Opportunities - Marketing & Sales)

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A long-term deal between ADNOC Gas & Indian Oil


A long-term deal between ADNOC Gas & Indian Oil

valued at more than US$7bn, secures India's cleaner energy future, supplying 1.2 mtpa of LNG for 14 years India is making significant strides towards a cleaner energy future with liquefied natural gas (LNG) becoming increasingly pivotal in its energy strategy. A deal between Abu Dhabi's ADNOC Gas and IndianOil marks a significant leap in this direction. Under this new arrangement, ADNOC Gas will supply up to 1.2 million tonnes per annum of LNG to India, a deal estimated to value between US$7bn and US$9bn over 14 years. This substantial agreement aligns with India's goal to integrate natural gas into 15% of its primary energy matrix by 2030. The LNG will be sourced from ADNOC Gas's Das Island facility, a veteran in the global LNG sector that has dispatched more than 3,500 cargoes globally since its inception., A long-term deal between ADNOC Gas & Indian Oil, indianpetroplus

#Along-termdealbetweenADNOCGas&IndianOil #Indianpetroplus

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Last Update : Feb 24, 2025 1:23 AM
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Item  Owner  : Indianpetroplus
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2025-03-29 (0.439 sec)