IndianOil to Become ADNOC’s Largest LNG Customer with Solidified Agreement
08.28.2025 By Tank Terminals - NEWS

August 28, 2025 [Oil & Gas Journal]- ADNOC has signed a long-term agreement to supply LNG to Indian Oil Corp. Ltd.

 

The 15-year sales and purchase agreement (SPA), which converts a previous heads of agreement, calls for ADNOC to supply 1 million tonnes/year (tpy) of LNG sourced primarily from ADNOC’s Ruwais LNG project project under development in Al Ruwais Industrial City, Abu Dhabi.

Under the terms of the SPA, LNG cargoes can be delivered to any port across India, ADNOC said in a release Aug. 27.

By 2029, IndianOil is set to become ADNOC’s largest LNG customer, with a total offtake of 2.2 million tpy comprised of 1.2 million tpy from ADNOC’s Das Island operations and 1 million tpy from the Ruwais LNG project, ADNOC said.

Ruwais LNG

ADNOC’s Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi, is expected to begin commercial operations in 2028. The project is comprised of two 4.8-million tpy liquefaction trains for total production capacity of 9.6 million tpy. Currently, over 8 million tpy of that capacity has been committed to international customers through long-term agreements, ADNOC said.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +9,600 tank terminals and +6,000 production facilities worldwide.


 

Access data. Decide better. See how.

Tepsa Advances Fifth Port in Spain
07.21.2026 - NEWS
July 20, 2026 [Tank Storage Magazine]- Tespa has been awarded a c.5-hectare concession, with envi... Read More
Panama Acquires Petroterminal de Panama After Buying Remaining Shares
07.20.2026 - NEWS
July 20, 2026 [Tank Storage Magazine]- Panama’s government has acquired Petroterminal de Panama... Read More
Vopak stock reflects steady energy storage role in global trade
07.17.2026 - BLOGS
10 July 2026 [ Ad-hoc-news ]- Royal Vopak’s stock performance highlights the stable, infrastruc... Read More
Rhine Freight Market: Falling Water Levels Push Rates Steadily Higher
07.16.2026 - NEWS
July 16, 2026 [Insights Global]- The Rhine barge freight market moved from a quiet Monday into a ... Read More