Brief by Shorts91 Newsdesk / 01:12pm on 21 Jan 2026,Wednesday Business
India and the United Arab Emirates have signed a long-term liquefied natural gas agreement worth over $2.5 billion. The deal was sealed between ADNOC Gas and Hindustan Petroleum Corporation Ltd. Under the agreement, ADNOC Gas will supply 500,000 tonnes of LNG to India each year for ten years. ADNOC said the contract makes India its largest natural gas customer. From 2029, Indian firms are expected to take over 20% of ADNOC Gas’s annual output. The agreement was signed during UAE President Mohamed bin Zayed’s visit to New Delhi, where both sides also discussed trade and defence cooperation. (PC: X)
