Gujarat Energy secures 10-year ADNOC LNG supply deal starting in 2028

Gujarat Energy Limited has signed a 10-year agreement with Abu Dhabi National Oil Company (ADNOC) to procure up to four million tonnes of liquefied natural gas (LNG), with deliveries beginning in 2028. Announced on 6 November 2026, the agreement marks the first sale of gas from the international portfolio of XRG, ADNOC’s overseas investment company. The supply will come from XRG-owned production outside the Gulf through ADNOC’s global LNG marketing and trading platform. It is ADNOC’s fifth LNG supply agreement in India. How much LNG will Gujarat Energy receive? Gujarat Energy’s stock-exchange disclosure specifies procurement of approximately 0.4 million tonnes per annum from ADNOC Trading Limited. This corresponds to the announced maximum volume of four million tonnes over the agreement’s 10-year duration. The filing confirms that pricing will be linked to the Henry Hub index. It does…