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via finance.yahoo.comBusiness & Companies

ADNOC signs 10-year LNG supply deal with India's Gujarat Energy

FROM THE WIRE · FINANCE.YAHOO.COM

Abu Dhabi National Oil Company has signed a 10-year liquefied natural gas supply agreement with India's Gujarat Energy Limited, marking the first sale of gas from the international portfolio of its investment arm, XRG. Under the agreement, announced Friday, Gujarat Energy will…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA long-term LNG supply contract expanding ADNOC's international gas presence.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ADNOC will supply up to 4 million tonnes of LNG over ten years to Gujarat Energy.
  2. 02Deliveries are scheduled to begin in 2028.
  3. 03The gas will come from XRG's international portfolio.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Natural GasCOMMODITY:NATGASCommodity3.00 USD-0.23%today +1.80%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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