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ADNOC signs LNG supply agreement with IndianOil
Dhabi National Oil Company (ADNOC) has entered into a 15-year agreement with Indian Oil Corporation (IOC) to supply one million tonnes per annum (MTPA) of liquefied natural gas (LNG) from its Ruwais project. The deal strengthens India’s energy security while supporting its rising energy demand.
With this agreement, IOC will become ADNOC’s largest LNG customer by 2029, sourcing 2.2 MTPA — 1.2 MTPA from Das Island operations and 1 MTPA from Ruwais. The Ruwais LNG facility, currently under development in Al Ruwais Industrial City, will begin commercial operations in 2028.
A lower-carbon LNG project
The Ruwais facility will be the first in West Asia powered entirely by clean energy, placing it among the lowest carbon intensity LNG plants worldwide. Equipped with advanced technologies such as artificial intelligence, the plant will enhance efficiency, safety, and sustainability. Once operational, it will feature two liquefaction trains with a combined capacity of 9.6 MTPA.
Strengthening India-UAE energy ties
The agreement is another milestone under the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE in 2022, which has bolstered bilateral trade and energy cooperation. Rashid Khalfan Al Mazrouei, ADNOC’s Senior Vice President for Marketing, said the deal underscores the robust partnership between the two countries and will help meet global demand for lower-carbon gas while supporting industrial growth.
Expanding LNG partnerships
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The Ruwais project, launched in November 2024, has already secured commitments for over 8 MTPA of its 9.6 MTPA capacity. Earlier this year, ADNOC signed a 10-year LNG supply deal with Hindustan Petroleum Corporation (0.5 MTPA) and another with GAIL (0.52 MTPA). These long-term agreements highlight India’s growing role as a key LNG importer.
