GAIL Secures Landmark LNG Agreement with ADNOC Gas
GAIL (India) Ltd., a prominent Maharatna Public Sector Enterprise specializing in the transmission and distribution of natural gas, has announced a significant milestone with the signing of a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas. This deal marks the first collaboration of its kind between ADNOC Gas and an Indian entity. As part of the agreement, GAIL is set to receive up to 0.52 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG), with deliveries scheduled to commence in 2026. The LNG will be transported in six cargoes annually from ADNOC’s Das Island facility, which boasts an impressive LNG processing capacity of 6.0 MMTPA. This facility is recognized as one of the longest-operating LNG plants globally, underscoring ADNOC Gas's capability to cater to international markets. This strategic partnership aligns with GAIL’s initiative to enhance its LNG portfolio in response to India’s surging demand for natural gas across various sectors. Kumar, ...