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India Locks In Major LNG Supply Deal With Abu Dhabi
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Why This Matters
India has secured a $3 billion 10-year LNG supply deal with Abu Dhabi's ADNOC, making it the UAE's largest customer, and part of a broader investment agreement between the two countries.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
India has closed a 10-year liquefied natural gas supply deal with ADNOC. The value of the deal is $3 billion, making it one of the largest for the energy importer. Under the deal, Reuters reports, ADNOC will ship 500,000 tons of liquefied gas to India’s Hindustan Petroleum Corp. “India is now the UAE's largest customer and a very important part of ADNOC Gas' LNG strategy,” the Emirati company said in a statement. The LNG deal is part of a broader investment agreement between India and the UAE that is expected to be worth some…
Original article published by
OilPrice.com
on January 20, 2026.
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