Deals2 Aug 2025, 08:11 pm
HPCL and ALNG Sign 10-Year LNG Supply Agreement
AI Summary
Hindustan Petroleum Corporation Limited (HPCL) and Abu Dhabi Gas Liquefaction Company (ALNG), a subsidiary of ADNOC Gas, have signed a Heads of Agreement (HOA) for the procurement of Liquefied Natural Gas (LNG) on a term basis for 10 years. The LNG will be supplied to HPCL's recently commissioned Chhara LNG Terminal in Gujarat to meet the demand of its refineries, City Gas Distribution Network, and for marketing to downstream customers. This agreement strengthens the economic ties between India and the UAE, emphasizing the role of LNG in supporting India’s energy transition. This supply marks a significant milestone in India’s energy security and HPCL’s commitment to cleaner energy transition.
Key Highlights
- HPCL and ALNG sign Heads of Agreement for 10-year LNG supply
- ALNG is a subsidiary of ADNOC Gas, a world-class, large-scale integrated gas processing and sales company
- LNG to be supplied to HPCL's Chhara LNG Terminal in Gujarat
- Agreement strengthens India-UAE economic ties and supports India’s energy transition
- Significant milestone in India’s energy security and HPCL’s commitment to cleaner energy transition