ADNOC Gas has signed a significant long-term LNG supply deal with Indian Oil Corporation Ltd (IOC), boosting energy ties between the UAE and India. The 14-year agreement, worth up to $9 billion, will see ADNOC supply IOC with 1.2 million tonnes of LNG annually starting from 2026.
BulletsIn
- ADNOC Gas signs 14-year LNG supply agreement with Indian Oil Corporation.
- Agreement valued between $7 billion to $9 billion.
- Indian Oil Corporation to receive up to 1.2 million tonnes of LNG annually.
- First LNG deliveries set to start in 2026.
- Deal supports India’s goal to increase gas usage to 15% of its energy mix by 2030.
- LNG sourced from ADNOC Gas’s Das Island facility, one of the longest-operating LNG plants.
- Das Island facility has a production capacity of 6 million tonnes per year.
- ADNOC Gas has delivered over 3,500 LNG cargoes since operations began.
- This agreement strengthens ADNOC’s position as a leading LNG supplier to growing Asian markets.
- ADNOC Gas has secured other long-term LNG contracts ranging from 0.4 to 1.2 million tonnes annually.




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