Abu Dhabi’s ADNOC has sealed a landmark 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil), committing to supply one million tonnes per annum of liquefied natural gas from its lower-carbon Ruwais LNG project. The deal, which builds on an earlier Heads of Agreement, marks a significant expansion of ADNOC’s footprint in Asia’s fast-growing LNG market and underscores its role as a reliable supplier in the global energy landscape.
Under the agreement, ADNOC will deliver LNG cargoes to any port in India, supporting the country’s surging energy needs and strengthening its energy security ambitions. By 2029, IndianOil is set to emerge as ADNOC’s largest LNG customer, with offtake volumes reaching 2.2 million tonnes per annum, 1.2 million tonnes sourced from Das Island and 1 million tonnes from the Ruwais LNG project.
Rashid Khalfan Al Mazrouei, ADNOC’s Senior Vice President of Marketing, described the deal as a milestone in UAE–India energy relations, emphasizing that the Ruwais LNG Project would provide lower-carbon gas to fuel industries and households across one of the world’s most dynamic economies.
The Ruwais project, located in Al Ruwais Industrial City, Abu Dhabi, is scheduled to begin operations in 2028. Of its 9.6 million tonnes annual capacity, more than 8 million tonnes have already been contracted to international buyers under long-term agreements, reflecting the strong appetite for ADNOC’s cleaner LNG offering. Designed to be the first LNG facility in the Middle East powered by clean electricity, Ruwais will also stand among the lowest-carbon intensity plants globally. The complex will integrate advanced digital and AI technologies to enhance efficiency, sustainability, and operational safety.
The deal further reflects the growing significance of the Comprehensive Economic Partnership Agreement signed between the UAE and India in 2022, which has opened new avenues for trade and energy cooperation. Analysts say the agreement not only fortifies bilateral ties but also positions ADNOC as a pivotal supplier in a market expected to see sharp growth in LNG demand over the coming decade.
In a separate development, ADNOC Gas confirmed last November that it intends to acquire ADNOC’s 60 percent stake in the Ruwais LNG project at cost by 2028. Once completed, the facility—consisting of two 4.8 million tonne liquefaction trains with a combined capacity of 9.6 million tonnes—will more than double ADNOC Gas’ operated LNG production to nearly 15 million tonnes per annum.
This latest agreement between ADNOC and IndianOil represents more than just a commercial transaction. It signals a deeper alignment of energy strategy between the UAE and India, binding two of the world’s fastest-growing economies in a long-term partnership anchored in energy security, cleaner fuels, and the global transition to lower-carbon growth.Abu Dhabi’s ADNOC has sealed a landmark 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil), committing to supply one million tonnes per annum of liquefied natural gas from its lower-carbon Ruwais LNG project. The deal, which builds on an earlier Heads of Agreement, marks a significant expansion of ADNOC’s footprint in Asia’s fast-growing LNG market and underscores its role as a reliable supplier in the global energy landscape.
Under the agreement, ADNOC will deliver LNG cargoes to any port in India, supporting the country’s surging energy needs and strengthening its energy security ambitions. By 2029, IndianOil is set to emerge as ADNOC’s largest LNG customer, with offtake volumes reaching 2.2 million tonnes per annum—1.2 million tonnes sourced from Das Island and 1 million tonnes from the Ruwais LNG project.
Rashid Khalfan Al Mazrouei, ADNOC’s Senior Vice President of Marketing, described the deal as a milestone in UAE–India energy relations, emphasizing that the Ruwais LNG Project would provide lower-carbon gas to fuel industries and households across one of the world’s most dynamic economies.
The Ruwais project, located in Al Ruwais Industrial City, Abu Dhabi, is scheduled to begin operations in 2028. Of its 9.6 million tonnes annual capacity, more than 8 million tonnes have already been contracted to international buyers under long-term agreements, reflecting the strong appetite for ADNOC’s cleaner LNG offering. Designed to be the first LNG facility in the Middle East powered by clean electricity, Ruwais will also stand among the lowest-carbon intensity plants globally. The complex will integrate advanced digital and AI technologies to enhance efficiency, sustainability, and operational safety.
The deal further reflects the growing significance of the Comprehensive Economic Partnership Agreement signed between the UAE and India in 2022, which has opened new avenues for trade and energy cooperation. Analysts say the agreement not only fortifies bilateral ties but also positions ADNOC as a pivotal supplier in a market expected to see sharp growth in LNG demand over the coming decade.
In a separate development, ADNOC Gas confirmed last November that it intends to acquire ADNOC’s 60 percent stake in the Ruwais LNG project at cost by 2028. Once completed, the facility—consisting of two 4.8 million tonne liquefaction trains with a combined capacity of 9.6 million tonnes—will more than double ADNOC Gas’ operated LNG production to nearly 15 million tonnes per annum.
This latest agreement between ADNOC and IndianOil represents more than just a commercial transaction. It signals a deeper alignment of energy strategy between the UAE and India, binding two of the world’s fastest-growing economies in a long-term partnership anchored in energy security, cleaner fuels, and the global transition to lower-carbon growth.
