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ADNOC Gas inks LNG deal worth up to $3bn with India’s HPCL
Yahoo Finance· 2026-01-20 19:24
ADNOC Gas has agreed to supply liquefied natural gas (LNG) for a period of ten years to India-based Hindustan Petroleum Corporation (HPCL) in a deal valued between $2.5bn and $3bn. The subsidiary of the Abu Dhabi National Oil Company (ADNOC) has signed a definitive sales and purchase agreement (SPA) with the Indian public sector company. This new contract transitions a heads of agreement established in August 2025 into a SPA, highlighting the deepening ties between India and the United Arab Emirates (UA ...