India’s GAIL signs 0.5 mil mt/year long-term LNG deal with ADNOC Gas

GAIL Ltd. has concluded a long-term deal to purchase around 0.5 million mt/year of LNG from the UAE’s ADNOC Gas, the Indian state-owned gas utility said in a statement, amid increasing energy demand in Asia’s third biggest economy. The agreement comes after GAIL signed a Memorandum of Understanding on Oct. 30, 2022, with Abu Dhabi National Oil Company (ADNOC) P.J.S.C… GAIL Ltd. has concluded a long-term deal to purchase around 0.5 million mt/year of LNG from the UAE’s ADNOC Gas, the Indian state-owned gas utility said in a statement, amid increasing energy demand in Asia’s third biggest economy. The agreement comes after GAIL signed a Memorandum of Understanding on Oct. 30, 2022, with Abu Dhabi National Oil Company (ADNOC) P.J.S.C… Read More