
Mumbai, Nov. 10 -- Gujarat Energy has entered into a Sales and Purchase Agreement with Abu Dhabi National Oil Company (ADNOC) to procure up to 4.0 mn tonnes of liquefied natural gas (LNG) over 10 years from 2028. The agreement, announced on 6 November 2026, marks Gujarat Energy's first procurement of LNG molecules from ADNOC's international portfolio, operated through its investment company, XRG.
The long-term arrangement is intended to strengthen cooperation between the two companies and support reliable and flexible energy supplies to India. ADNOC said the agreement reinforced its longstanding energy partnership with India and contributed to its ambition of becoming a leading global LNG supplier.
The procurement will be managed through ADNOC's global LNG marketing and trading platform, which was introduced in July 2026. The platform connects ADNOC's international gas portfolio with markets across Asia and is intended to expand the company's marketable LNG volumes to 47 mn tonnes per annum (mn tpa) beyond 2030.
The platform has already supported supply agreements with buyers in Japan and Thailand, in addition to the arrangement with Gujarat Energy. The company said its partnership with ADNOC formed part of a broader strategy to participate across the energy value chain and support India's transition towards cleaner fuels.
Gujarat Energy operates across natural gas trading, city gas distribution and LNG import infrastructure. The company said its existing infrastructure and operations positioned it to support industrial efficiency and the adoption of natural gas across sectors. The agreement also aligns with India's energy objectives by providing a long-term supply channel for natural gas as industries seek lower-emission alternatives and more secure fuel supplies. The transaction was disclosed in a regulatory filing submitted to the National Stock Exchange of India.
Published by HT Digital Content Services with permission from Construction World.