India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive

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India has signed a $3 billion LNG agreement with the UAE, solidifying its position as the UAE's largest customer for LNG, with plans to double trade in the future.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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With this deal, "India is now UAE's largest customer for LNG" and will account for 20% of sales by 2029, ADNOC said in a release.

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Original article published by CNBC on January 20, 2026.
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