India Locks In Major LNG Supply Deal With Abu Dhabi

Group 1 - India has secured a 10-year liquefied natural gas supply deal with ADNOC valued at $3 billion, marking it as one of the largest deals for the energy importer [1] - The deal involves the shipment of 500,000 tons of liquefied gas to Hindustan Petroleum Corp, highlighting India's growing demand for LNG [1] - ADNOC has identified India as its largest customer and a crucial component of its LNG strategy, with the deal being part of a broader investment agreement between India and the UAE worth approximately $200 billion [2] Group 2 - The UAE is enhancing its LNG production and export capacity, focusing on the Ruwais LNG project in Abu Dhabi, which will be the first LNG export facility in the MENA region powered by clean energy [3] - The Ruwais LNG project will feature two liquefaction trains with a combined capacity of 9.6 million tons annually, significantly increasing ADNOC's domestic LNG production capacity to around 15 million tons per year [3] - Ruwais LNG has already established long-term offtake agreements with major companies, including Germany and Shell, and will now include the deal with Hindustan Petroleum Corp, with commercial operations expected to start by the end of 2028 [4]