The largest natural gas company in India, GAIL India Limited, and Adnoc Gas have inked a 10-year Sales and Purchase Agreement (SPA) for the supply of up to 0.52 million metric tonnes of liquefied natural gas (LNG) annually (mmtpa), beginning in 2026. The Heads of Agreement between ADNOC Gas and GAIL, which were previously announced in January, are now finalized by the SPA.
The Das Island liquefaction facility of ADNOC Gas, which can produce 6.0 mmtpa of LNG, will provide the LNG. It is the third-oldest LNG plant in the world that is still operating. More than 3,500 LNG cargoes have been supplied to clients worldwide since operations started in 1977.
“This agreement reflects our ambition to capture future growth opportunities in gas demand and strengthens ADNOC Gas’ role as a responsible and dependable global natural gas provider,” stated Rashid Khalfan Al Mazrouei, Senior Vice President, Marketing. Additionally, it strengthens our standing as India’s go-to partner for energy solutions.
The industrial coal-to-gas conversion in China and the growing usage of LNG for power production throughout Southern and Southeast Asia are predicted to produce a 15% increase in global LNG demand over the next ten years. As part of our plan to increase our share of the expanding worldwide demand for lower carbon intensity products like ours, we are dedicated to more than tripling our capacity to produce LNG.
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