HPCL and ADNOC Gas signs SPA for supply of LNG

HPCL will receive LNG at its 5 Million Tonne per annum LNG Storage and Regasification Terminal at Chhara, Gujarat

Hindustan Petroleum Corporation Limited (HPCL) and Abu Dhabi Gas Liquefaction Company (ALNG), UAE have signed a Sale Purchase Agreement (SPA) for procurement of Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas, which is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain.

Under the terms of this SPA, HPCL will receive LNG at its 5 Million Tonne per annum LNG Storage and Regasification Terminal at Chhara, Gujarat. The supplies under this agreement will support the requirements of its own refineries, City Gas Distribution (CGD) network and gas demand across key sectors like fertilizers, power, petrochemicals and other industries, thus meeting the nation’s growing and evolving energy needs.

This agreement between HPCL and ALNG underscores the deepening economic ties between India and UAE, emphasizing the role of LNG in supporting India's energy transition. The supply under this agreement marks a significant milestone in India's energy security and HPCL's commitment to cleaner energy transition.