HPCL said in a stock exchange announcement that it had signed the deal with Abu Dhabi Gas Liquefaction (ALNG).
Under the terms of the agreement, HPCL will receive LNG at its recently commissioned Chhara LNG terminal in Gujarat to meet the demand of its refineries, city gas distribution network, and for marketing to downstream customers.
HPCL did not provide further details regarding the agreement.
Adnoc Gas said in a separate statement that the deal is for 0.5 million metric tonnes per annum of Das Island LNG volumes.
HPCL said this deal “underscores the deepening economic ties between India and the UAE, emphasizing the role of LNG in supporting India’s energy transition.”
Earlier this year, HPCL said that it had signed a deal with Adnoc Trading, a unit of state-owned Adnoc.
The company said this was the first LNG supply agreement between the two firms, but it did not provide further details.
Adnoc currently owns a 70 percent stake in Adnoc LNG, which currently produces about 6 mtpa of LNG from its facilities on Das Island.
In addition, Adnoc announced the final investment decision on its Ruwais project and the EPC award to the joint venture led by Technip Energies in June last year.
The LNG project will more than double Adnoc’s existing UAE LNG production capacity to around 15 mtpa, as the company builds its international LNG portfolio.
On the other hand, HPCL launched commercial operations at its 5 mtpa Chhara LNG import terminal earlier this year.
The Chhara LNG terminal is India’s eighth LNG import facility.
It features a 1.2 km long jetty capable of receiving carriers with a capacity of 80,000 cbm to 266,000 cbm, and two LNG storage tanks each with a capacity of 200,000 cbm.
