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via finance.yahoo.comBusiness & Companies

ADNOC Expands LNG Empire With Major New India Supply Deal

FROM THE WIRE · FINANCE.YAHOO.COM

ADNOC has signed a ten-year deal to supply LNG to Indian Gujarat Energy Ltd, in the first agreement to sell gas from the international gas portfolio of ADNOC's international investment company, XRG. Gujarat Energy will receive up to 4 million tons of LNG over ten years, starting…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe contract strengthens ADNOC's LNG presence and XRG's role as an integrated gas business.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ADNOC will supply up to 4 million tons of LNG over ten years.
  2. 02Supply starts in 2028.
  3. 03It is ADNOC's fifth LNG supply agreement in India.

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