Deepak Fertilisers enters into 15-year LNG contract with Equinor

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has entered into a long-term supply agreement for Liquefied Natural Gas (LNG) with Equinor ASA, Norway. The agreement is for annual supplies of up to 0.65 million tonnes over a period of 15 years, beginning in 2026. This tie-up will strengthen DFPCL's value chain and provide room for trading some LNG parcels in the growing LNG demands in India. The LNG will be delivered to the west coast of India, and DFPCL is at an advanced stage of tying up the Re-gasification Terminal with the Gas pipeline grid connectivity to its plant's doorstep already in place.,