Business & Finance
Gujarat Energy Secures 4‑Million‑Tonne LNG Deal with ADNOC’s XRG
Gujarat Energy announced on Friday that it has signed a long‑term sales and purchase agreement with Abu Dhabi National Oil Company (ADNOC) to procure up to 4 million tonnes of liquefied natural gas (LNG) from the international gas portfolio of XRG, ADNOC’s international investment arm. The agreement, the first purchase of molecules from XRG’s international portfolio, will deliver up to 4.0 million tonnes of LNG over ten years, beginning in 2028. It is ADNOC’s fifth LNG supply agreement in India.
Gujarat Energy, backed by the Gujarat government, is a major player in city gas distribution, supplying compressed natural gas (CNG) for mobility and piped natural gas (PNG) for cooking. Managing director Avantika Singh Aulakh said natural gas is central to India’s shift toward cleaner energy, offering a lower‑carbon option that improves industrial efficiency, provides safer cooking fuel for households and supports eco‑friendly transportation.
Rashid Al Mazrouei, chief marketing & origination officer (LNG) at ADNOC, said the deal strengthens ADNOC’s long‑standing energy partnership with India and represents the first sale of molecules from XRG’s international portfolio. He added that the integrated LNG marketing and trading platform, launched in the Abu Dhabi Global Market in July 2026, is connecting the growing international portfolio with customers in key markets.
The platform has already signed supply agreements with INPEX in Japan, Gulf Group in Thailand and Gujarat Energy in India, expanding ADNOC’s reach across Asia’s key LNG markets. It targets 47 mtpa of marketable LNG beyond 2030, positioning ADNOC among the world’s leading LNG suppliers.
Aulakh noted that GEL leads the market at every stage of the energy journey, backed by robust regasification infrastructure, a widespread city gas network operating across 44 districts in six states, and a fast‑growing trading presence in India.
The UAE remains a major LNG supplier to India. Following the war in West Asia and the closure of the Strait of Hormuz in March, UAE ports outside the strait have played a key role in supplying energy commodities from West Asia to India.