Dubai, UAE — January 2026 — ADNOC Gas plc has signed a landmark long-term sales and purchase agreement valued between $2.5 and $3 billion with India’s Hindustan Petroleum Corporation Limited.
The ten-year pact, which converts a previously announced Heads of Agreement, covers the annual supply of 0.5 million tonnes of liquefied natural gas, as reported by the Emirates News Agency.
The agreement was formally exchanged during a state visit to India by UAE President Sheikh Mohamed bin Zayed Al Nahyan, who met with Indian Prime Minister Narendra Modi.
The signing ceremony was attended by Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Group CEO, and Vikas Kaushal, Chairman and Managing Director of HPCL.
“This agreement underscores ADNOC Gas’ commitment to delivering reliable LNG to meet global demand, while supporting India’s ambition to increase natural gas to 15 percent of its energy mix by 2030,” said Fatema Al Nuaimi, CEO of ADNOC Gas. She highlighted the deal as a reflection of the growing energy partnership between the UAE and India.
The LNG will be supplied from ADNOC Gas’ Das Island facility, a long-operating plant with a production capacity of up to 6 million tonnes per annum. This new contract elevates the total value of contracts managed by ADNOC Gas to over $20 billion and solidifies India’s position as the UAE’s largest customer and a cornerstone of ADNOC Gas’ growth strategy.
By 2029, the company will have 3.2 million tonnes per annum of its total 15.6 million tonne LNG operation capacity contracted to Indian energy firms, including HPCL.
This strategic milestone reinforces ADNOC Gas’ role as a reliable supplier to Asia’s fast-growing markets and is part of a broader series of long-term supply agreements the company has secured over the past three years.
