One of the biggest integrated oil refining and marketing companies in India, Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Public Sector Enterprise, has entered into a Sale Purchase Agreement (SPA) with Abu Dhabi Gas Liquefaction Company (ALNG), a division of ADNOC Gas, for the purchase of LNG for a ten-year period.
HPCL will receive LNG under this SPA at its 5 million-tonne-per-year LNG regasification terminal in Chhara, Gujarat, which will be officially opened by the prime minister in September 2025.
The supplies covered by this agreement will meet the needs of the City Gas Distribution (CGD) network, HPCL’s refineries, and gas demand in key industries like petrochemicals, power, and fertilisers.
This partnership strengthens HPCL’s standing as a dependable natural gas supplier and expands its range of petroleum products to satisfy India’s expanding energy requirements.
Furthermore, the collaboration supports India’s objective of raising the proportion of gas in its energy mix and emphasises the value of long-term agreements in guaranteeing dependability, affordability, and supply security in a dynamic geopolitical and international energy environment.
Given that India is the UAE’s biggest LNG buyer, this arrangement further emphasises the growing relationship between the two countries.
