ADNOC Gas to Supply LNG to Hindustan Petroleum

ADNOC Gas, a world-class integrated gas processing and sales company, on Monday announced the signing of a Head of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) for a 10-year term.

The agreement underscores ADNOC Gas’ expanded global footprint, particularly across the high-demand Asian LNG market, reinforcing its role as a reliable global supplier of LNG, ADNOC Gas informed Abu Dhabi Securities Exchange (ADX) in a filing this morning.

The long-term contract strengthens ADNOC Gas’ partnership with key Indian players as it continues to support India’s energy security, building on recent agreements with Indian Oil Corporation and GAIL India Limited.

ADNOC Gas CEO Fatema Al Nuaimi said that this long-term agreement with HPCL, the company’s third with Indian companies in the past year, reflects the robust energy partnership between the UAE and India.

“This milestone underscores ADNOC Gas’ ability to reliably meet rising global demand for LNG and support India’s ambition to increase natural gas to 15% of its primary energy mix by 2030,” she added.

The LNG will be supplied from Das Island liquefaction facility owned by ADNOC Gas, which has a production capacity of 6 MMTPA. As the world’s third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations.

ADNOC Gas is a key player in ADNOC’s strategy to enhance its natural gas production capacity and expand global LNG exports. As a crucial transitional fuel, natural gas offers lower carbon emissions compared to other fossil fuels and serves as an important raw material in industrial value chains.

Second Agreement

It may be recalled that Hindustan Petroleum has signed an LNG trading supply agreement with ADNOC Trading, a leading trader of Crude Oil, LNG and other products in April this year. The deal marked a significant step in the strategic partnership between the two organisations, fostering energy security and sustainability.

HPCL will receive the LNG at Chhara LNG Terminal of HPCL LNG Ltd., a wholly-owned subsidiary of HPCL, to meet captive demand of HPCL and also for marketing to other downstream customers. Presently, Chhara LNG Terminal has regasification capacity of 5 MMTPA with gross storage capacity of LNG 400,000 cu. m. in two equal sized LNG tanks.

This agreement between HPCL and ADNOC Trading underscores the deepening economic ties between India and the UAE, emphasizing the role of LNG in supporting India’s energy transition. The partnership positions ADNOC Trading as a key supplier for HPCL, enabling the Indian energy major to diversify its supply portfolio and secure long-term energy solutions.