GAIL signs long-term LNG deal with ADNOC gas
OIL & GAS

GAIL signs long-term LNG deal with ADNOC gas

On November 14, 2024, GAIL India Limited signed a significant 10-year agreement with UAE’s ADNOC Gas to purchase up to 0.52 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG), starting in 2026. This deal supports India’s growing demand for natural gas, and the LNG will be sourced from ADNOC’s Das Island facility, which has a processing capacity of 6.0 MMTPA.

The deal aligns with India’s energy strategy to increase natural gas's share in its energy mix, aiming for 15% by 2030. GAIL’s Director of Marketing, Sanjay Kumar, highlighted that the partnership with ADNOC reflects the country's ambition to meet future energy needs while diversifying its sources of natural gas.

On November 14, 2024, GAIL India Limited signed a significant 10-year agreement with UAE’s ADNOC Gas to purchase up to 0.52 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG), starting in 2026. This deal supports India’s growing demand for natural gas, and the LNG will be sourced from ADNOC’s Das Island facility, which has a processing capacity of 6.0 MMTPA. The deal aligns with India’s energy strategy to increase natural gas's share in its energy mix, aiming for 15% by 2030. GAIL’s Director of Marketing, Sanjay Kumar, highlighted that the partnership with ADNOC reflects the country's ambition to meet future energy needs while diversifying its sources of natural gas.

Next Story
Infrastructure Urban

Andhra Pradesh to Develop 30,000 Women-Led Enterprises by 2025

The Municipal Administration and Urban Development (MAUD) Department is accelerating efforts to create sustainable livelihoods for women in urban areas, in line with Chief Minister Nara Chandrababu Naidu’s goal of fostering one lakh women entrepreneurs by 2025. Under this initiative, the MAUD Department has set a target to establish 30,000 women-led enterprises across towns and cities in Andhra Pradesh. To support this vision, the department plans to establish Micro, Small & Medium Enterprises (MSMEs) for women in TIDCO housing complexes. Vacant plots across 163 colonies have been earmarked ..

Next Story
Infrastructure Energy

G Kishan Reddy discusses mining expansion, clearances with Chhattisgarh CM

Coal and Mines Minister G Kishan Reddy met Chhattisgarh CM Vishnu Deo Sai on Friday to expedite land acquisition and environmental clearances for mining projects. Reddy, who was on a two-day visit to review operations at South Eastern Coalfields Ltd (SECL), discussed measures to boost mining-led economic growth in the state. Key topics included speeding up land acquisition for mine expansions, obtaining quicker environmental approvals, and setting up integrated rehabilitation and resettlement sites. The minister also highlighted the importance of developing critical minerals in the region, alo..

Next Story
Infrastructure Urban

NITI Aayog's Vision for India's Auto Industry

NITI Aayog has launched the report titled "Automotive Industry: Powering India’s Participation in Global Value Chains," offering a roadmap for the country’s automotive future. Released by Shri Suman Bery, Vice Chairman, the report outlines key strategies to grow India’s automotive sector to $145 bn in component production by 2030. India is currently the fourth-largest automobile producer globally, but with only a modest three per cent share in the global automotive component market. The report emphasises the need to strengthen India’s position through competitive manufacturing, skill d..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?