Adnoc, India's Gujarat Energy sign HH-linked LNG deal

Argus Media · Argus Media · 2026-11-06 11:04 UTC

India's state-owned city gas distribution company Gujarat Energy (GEL) has signed a long-term LNG supply agreement with Abu Dhabi's state-owned Adnoc for around 400,000 t/yr, or up to 4mn t over 10 years, linked to the US Henry Hub benchmark, the company said today.

India's state-owned city gas distribution company Gujarat Energy (GEL) has signed a long-term LNG supply agreement with Abu Dhabi's state-owned Adnoc for around 400,000 t/yr, or up to 4mn t over 10 years, linked to the US Henry Hub benchmark, the company said today.

Deliveries under the agreement are scheduled to begin in 2028 at around 400,000 t/yr, equivalent to around 6-7 LNG cargoes/yr. The volumes account for roughly half of the 800,000 t/yr LNG sourcing programme approved by GEL's board on 5 November, with the broader programme equivalent to around 12 cargoes/yr.

Few cargoes under the deal may also start arriving even in 2027, market sources told Argus.

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