India signs $3 billion LNG supply deal with ADNOC

Summary

India has finalized a 10-year LNG supply agreement with ADNOC valued at $3 billion, involving 500,000 tons of gas to Hindustan Petroleum Corp. This deal positions India as the UAE's largest LNG customer and is part of a broader $200 billion investment agreement between the two nations. The UAE aims to enhance its LNG production capacity through the Ruwais LNG project, set to begin operations by the end of 2028.

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