ADNOC Gas inks multi-billion-dollar LNG deal with India’s HPCL

ABU DHABI, January 19, 2026 – UAE’s ADNOC Gas has signed a 10-year LNG supply agreement with India’s Hindustan Petroleum Corporation (HPCL) worth USD 2.5 billion-3 billion, the company said on Monday.

The long-term deal will supply 500,000 tonnes per year of LNG from ADNOC Gas’ Das Island liquefaction facility and was finalised during a state visit to India by UAE President Sheikh Mohamed bin Zayed Al Nahyan. The agreement marks a conversion of a previous heads of agreement into a sales and purchase agreement.

India is the UAE’s largest customer for LNG, with 20% of ADNOC Gas’s LNG volumes expected to be delivered there by 2029. Of ADNOC Gas’s total 15.6 million tonnes per year operated LNG by that year, 3.2 million tonnes per year will be contracted to Indian companies.

ADNOC Gas has signed USD 20 billion in LNG agreements with Indian buyers over the past two years, expanding its footprint in one of Asia’s fastest-growing energy markets. Its CEO, Fatema Al Nuaimi, said the agreement “reflects the strong and growing energy partnership between the UAE and India.”

The Das Island plant has delivered more than 3,500 LNG cargoes since it began operations and remains one of the world’s longest-operating liquefaction facilities.

ADNOC Gas is a large-scale integrated gas processing and sales company operating across the value chain. It handles feedstock from ADNOC and supplies approximately 60% of the UAE’s sales gas requirements, in addition to serving over 20 countries globally.

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