Hindustan Petroleum Corporation Limited has entered into a long-term Sale Purchase Agreement (SPA) with Abu Dhabi Gas Liquefaction Company for the supply of Liquefied Natural Gas (LNG) over a period of 10 years. The agreement has been signed in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reinforcing HPCL’s focus on strengthening fuel security and cleaner energy sourcing.
Abu Dhabi Gas Liquefaction Company is a subsidiary of ADNOC Gas, a large-scale integrated gas processing and sales company with operations spanning the entire gas value chain. The association brings together India’s leading downstream energy major with one of the world’s prominent gas suppliers.
Under the terms of the agreement, HPCL will receive LNG at its 5 Million Tonne Per Annum LNG Storage and Regasification Terminal located at Chhara. The terminal plays a critical role in expanding India’s LNG infrastructure and supporting diversified gas consumption across the country.
The LNG volumes procured through this long-term contract will cater to HPCL’s own refineries and City Gas Distribution (CGD) network, while also addressing gas demand from key sectors such as fertilisers, power generation, petrochemicals and other industrial users. This diversified usage highlights LNG’s growing importance in India’s evolving energy mix.
The agreement reflects the deepening economic and energy cooperation between India and the United Arab Emirates, with LNG emerging as a strategic fuel in the transition towards cleaner energy. The long-term supply arrangement is expected to enhance India’s energy security by ensuring stable and reliable gas availability amid rising domestic demand.