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.

Asia most primed for clean ammonia investment: Vopak
01.08.2026 - NEWS
05 January 2026 [ Argusmedia ]- Argus spoke to Vopak executive vice president for global busine... Read More
Vitol and Trafigura in Talks with US on Venezuelan Oil Sales, Sources Say
01.08.2026 - NEWS
January 08, 2026 [Reuters]- Vitol and Trafigura, two of the world’s largest commodity trade... Read More
NEXTCHEM Acquires Entire Share Capital of Ballestra Group
01.08.2026 - NEWS
January 08, 2026 [Biofuels Internationals]- MAIRE has announced that NEXTCHEM has signed a bindin... Read More
Nigeria Misses 2025 Oil Production Target by 500,000 Bpd
01.08.2026 - NEWS
January 08, 2026 [Oil Price]- Nigeria booked average daily crude oil production of around 1.5 mil... Read More