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Business
Gujarat Energy and ADNOC Ink Deal to Secure 4 Million Tonnes of LNG
✍️ The Economic Times
🗓 06 Nov 2026, 11:36 AM
👁 19
Gujarat Energy has signed an agreement with Abu Dhabi’s ADNOC to procure four million tonnes of liquefied natural gas, according to The Economic Times.
Gujarat Energy announced that it has entered into a procurement pact with Abu Dhabi National Oil Company (ADNOC) for the supply of four million tonnes of liquefied natural gas (LNG). The agreement, reported by The Economic Times, marks a significant addition to the company's fuel sourcing strategy.
The deal is expected to bolster India's LNG import portfolio, with Gujarat positioned as a key consumption hub for the cleaner‑burning fuel. By securing a sizeable volume, Gujarat Energy aims to meet growing industrial and power‑generation demand while supporting the country's broader energy diversification goals.
While the parties did not disclose pricing, delivery schedules or the contract's duration, industry observers note that such a volume could influence regional LNG market dynamics and potentially provide price stability for downstream users in the state.
The deal is expected to bolster India's LNG import portfolio, with Gujarat positioned as a key consumption hub for the cleaner‑burning fuel. By securing a sizeable volume, Gujarat Energy aims to meet growing industrial and power‑generation demand while supporting the country's broader energy diversification goals.
While the parties did not disclose pricing, delivery schedules or the contract's duration, industry observers note that such a volume could influence regional LNG market dynamics and potentially provide price stability for downstream users in the state.