Gujarat Energy signs 10-yr LNG deal with ADNOC for up to 4 million tonnes
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
Gujarat Energy Ltd (GEL), formerly Gujarat Gas Ltd, has signed a 10-year agreement with Abu Dhabi National Oil Company (ADNOC) to procure up to 4 million tonnes of liquefied natural gas (LNG), with supplies scheduled to begin in 2028, as the company looks to strengthen its…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralLong-term LNG supply contract that strengthens the company's sourcing portfolio.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Gujarat Energy Ltd, formerly Gujarat Gas Ltd, signed a 10-year agreement with ADNOC.
- 02The deal covers purchases of up to 4 million tonnes of LNG.
- 03Supplies are scheduled to begin in 2028.