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Will ADNOC sign another long-term LNG supply agreement with another major Indian company by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from ADNOC or the other Indian company
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ADNOC Signs Non-Binding 15-Year LNG Agreement with Indian Oil for 1 Million mtpa
Sep 9, 2024, 08:11 AM
The Abu Dhabi National Oil Company (ADNOC) has signed a non-binding 15-year agreement with Indian Oil Corporation (IOC) to supply 1 million metric tons per annum (mtpa) of liquefied natural gas (LNG). The agreement, which is a heads of agreement, was signed on September 9th and will commence with the Ruwais LNG project. This deal underscores ADNOC's commitment to long-term partnerships and energy supply to India.
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