The UAE and India have deepened their strategic energy alliance, with ADNOC signing two major agreements with Indian partners in the presence of UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi.

 

The deals strengthen ADNOC’s growing footprint in India’s energy sector, expanding cooperation across crude oil, LNG, LPG and strategic energy storage as New Delhi races to meet soaring demand from one of the world’s fastest-growing economies.

 

“India’s scale and growth trajectory make it one of the defining energy markets of our time. As demand accelerates alongside a rapidly expanding population, the strength of the UAE–India energy partnership becomes ever more critical. 

 

"These agreements reinforce supply security, deepen our strategic ties, and underscore ADNOC’s role as a dependable and reliable partner in powering India’s long-term economic growth,” said Sultan Al Jaber, ADNOC Managing Director and Group CEO.

 

Under one agreement, ADNOC and Indian Strategic Petroleum Reserves Limited will explore expanded cooperation in crude oil, LNG and LPG storage, including plans that could raise ADNOC’s crude storage capacity in India to as much as 30 million barrels.

 

The proposal includes expanding existing storage at Mangalore while exploring new facilities in Vishakhapatnam and Chandikol. 

 

The partners are also examining crude storage opportunities in Fujairah as part of India’s strategic petroleum reserve, alongside additional LNG and LPG storage projects aimed at bolstering energy security and protecting supply chains amid global shipping disruptions.

 

In a second agreement, ADNOC and Indian Oil Corporation will explore expanded LPG supply and trading opportunities, including through ADNOC Global Trading. The move builds on an existing LPG term contract signed in 2023 and could pave the way for a long-term sale and purchase agreement.

 

The agreement further cements ADNOC’s position as a key LPG supplier to India while deepening cooperation across supply and shipping operations.

 

The latest agreements underscore the rapidly expanding UAE-India economic relationship, driven by the Comprehensive Strategic Partnership and strengthened further by the Comprehensive Economic Partnership Agreement that came into force in 2022.

 

With both countries targeting $200 billion in bilateral trade by 2032, India has emerged as a central pillar of ADNOC’s long-term growth strategy and a critical market in the future of global energy demand.