HPCL and ADNOC Trading Ink Major LNG Supply Deal

Hindustan Petroleum Corporation Ltd (HPCL) has recently signed a major LNG supply agreement with ADNOC Trading, a leading global trader of crude oil, LNG, and other petroleum products. This strategic deal marks a key milestone in strengthening the collaboration between the two companies, with a focus on enhancing regional energy security and promoting sustainability.

LNG under this agreement will be delivered to HPCL’s newly commissioned Chhara LNG Terminal, operated by its wholly-owned subsidiary, HPCL LNG. The terminal will cater to HPCL’s internal energy needs and support the distribution of LNG to downstream customers across India. This partnership reflects HPCL’s commitment to diversifying its LNG sources and leveraging global alliances to meet India’s growing energy demands.

News by Rahul Yelligetti.