Alejandro Vigil

Alessandro Pozzi

Biraj Borkhataria

Irene Himona

Lydia Rainforth

Matthew Smith

Peter Low

Henry Tarr

Joshua Eliot Stone

Massimo Bonisoli

Michele Della Vigna

Alastair Syme

Bertrand Hodee

Giacomo Romeo

Kim Fustier

Martijn Rats

Matthew Lofting

Paul Redman

Joshua Stone

Matt Lofting

- **ADNOC** has finalized a **15-year sales and purchase agreement** to supply **1 million tonnes per annum (mtpa) of liquefied natural gas (LNG)** to **Indian Oil Corporation (IndianOil)**, primarily from the **under-construction Ruwais LNG project**.  **[1002242_c6c7c666b220482892a9907c1e3cd7c9]** 
- The **Ruwais LNG project**, set to commence commercial operations in **2028**, will add **9.6 mtpa** capacity, more than doubling ADNOC’s existing UAE LNG production capacity to around **15 mtpa**.  **[1002242_c6c7c666b220482892a9907c1e3cd7c9]**  This facility will be the **first Middle East LNG facility powered by clean energy** and among the **lowest-carbon intensity LNG plants globally**.  **[1002242_c6c7c666b220482892a9907c1e3cd7c9]** 
- By **2029, IndianOil** is expected to become **ADNOC’s largest LNG customer** with a total offtake of **2.2 mtpa**.  **[1002242_c6c7c666b220482892a9907c1e3cd7c9]** 
- In **November 2024, ADNOC Gas** announced plans to spend about **$5 billion** to acquire a **60 percent operating interest** in the Ruwais LNG export plant from its parent company ADNOC, with the acquisition expected in the **second half of 2028**.  **[1002242_c6c7c666b220482892a9907c1e3cd7c9]**

ADNOC Finalizes 15-Year LNG Supply Deal with IndianOil

ENI (E)