GAIL (India) Limited has recently informed exchanges that the company signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas to deliver up to 0.52 million metric tonnes per year (MMTPA) of liquefied natural gas (LNG) beginning in 2026. This is ADNOC Gas’ first SPA with an Indian buyer.
Under the agreement, LNG will be delivered in six cargoes annually from ADNOC Gas’ Das Island facility, a major natural gas production site with a processing capacity of 6.0 MMTPA. It is the world’s third-longest operational LNG facility.
Mr Kumar, Director (Marketing), GAIL stated, “India is witnessing a growing demand for LNG to meet its increasing natural gas demand in a diversified sectoral pattern. GAIL plans to significantly increase its term LNG portfolio in the coming years to meet this rising demand. This SPA with ADNOC Gas is a crucial step in this direction, enabling GAIL to augment its existing LNG portfolio to better serve its diverse consumer base.”
