ADNOC Trading Signs LNG Supply Agreement with HPCL

ADNOC Trading, an affiliate of Abu Dhabi National Oil Company (ADNOC), has recently entered into a liquefied natural gas (LNG) trading supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a subsidiary of the state-owned Oil & Natural Gas Corporation (ONGC).

This landmark agreement, the first of its kind between the two entities, signifies a significant step in the strategic partnership between the UAE and India. It aims to enhance energy security, promote sustainability, and strengthen economic ties between the two nations.

Key Details of the Agreement

The LNG under this agreement will be delivered to the Chhara LNG terminal operated by HPCL LNG, a wholly-owned subsidiary of HPCL. HPCL plans to utilize the LNG to meet its own demand as well as supply it to other downstream customers.

ADNOC Trading views this agreement as a significant milestone in its commitment to being a reliable global energy supplier. On the other hand, HPCL sees it as an opportunity to diversify its supply portfolio and ensure long-term energy solutions.

Chhara LNG Terminal

The Chhara LNG terminal, where the LNG will be received, has a regasification capacity of 5 million tonnes per annum (mtpa) and a gross storage capacity of 400,000 cubic meters in two equally sized LNG tanks constructed by IHI Corporation. The terminal received its commissioning cargo in January 2025.

Continued Partnerships

This latest agreement follows a similar LNG supply deal that ADNOC Gas signed with Indian Oil Corporation in February 2025. Under this 14-year agreement, up to 1.2 mtpa of LNG will be delivered from QatarEnergy’s Das Island liquefaction facility to India, further strengthening energy ties between the two countries.