Gujarat Energy signs long-term LNG procurement deal with ADNOC
GUJENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Gujarat Energy Limited signed a long-term sales and purchase agreement with ADNOC Trading Limited to buy about 0.4 million tonnes of LNG per year from its international gas portfolio. Pricing is linked to the Henry Hub index. The company says the contract will strengthen energy security for its customers.
Secures LNG supply and supports service continuity. This is a procurement deal, not an acquisition or joint venture, with pricing linked to the Henry Hub index.