ADNOC Gas plc has announced a decade-long deal to provide GAIL India Limited, India’s primary natural gas company, with 0.5 million metric tons per annum (mmtpa) of Liquified Natural Gas (LNG).
This agreement highlights ADNOC Gas’ expanding global influence, particularly in the Asian LNG market, strengthening the bond between the UAE and India.
Following various notable international LNG sales agreements with entities like JAPEX, TotalEnergies Gas and Power, IOCL, and PCI, ADNOC Gas solidifies its position as a preferred global export partner.
Amid the ongoing long-term structural demand growth for natural gas, a vital component in a responsible global energy transition, ADNOC Gas prioritizes sustainable investments aligned with customer demand. In 2023, the company signed LNG agreements valued between $9.4B (AED 34.5B) and $12B (AED 44B) while investing domestically to meet both local and international natural gas demands.
Dr. Ahmed Mohamed Alebri, CEO of ADNOC Gas, emphasized the significance of the long-term LNG supply agreement with GAIL India, reinforcing their commitment to providing reliable and sustainable energy solutions globally, according to WAM.
Natural gas, acknowledged for lower carbon emissions and its role in industrial value chains, is crucial in the transition to cleaner energy. ADNOC Gas taps into opportunities within ADNOC’s integrated gas masterplan, ensuring a sustainable gas supply from the UAE to meet global needs.
Within the broader Gas masterplan of the ADNOC Group, ADNOC is progressing a low-carbon Ruwais LNG project, set to be the first LNG export facility in the MENA region to run on clean power, supporting ADNOC’s Net Zero by 2045 ambition. The Ruwais LNG project is expected to consist of two 4.8 mmtpa LNG liquefaction trains with a total capacity of 9.6 mmtpa when completed in Al Ruwais Industrial City, Abu Dhabi.
