HPCL, ADNOC Trading ink their first LNG trading supply agreement

Presently, Chhara LNG Terminal has regasification capacity of 5 million tonnes per annum

Hindustan Petroleum Corporation (HPCL), said on Wednesday that it has signed a LNG Trading supply agreement with ADNOC Trading, a leading trader of crude oil, LNG and other products.

This agreement marks a significant step in the strategic partnership between the two organisations, fostering energy security and sustainability, the State-run oil marketing company (OMC) said.

The LNG will be received at recently commissioned Chhara LNG Terminal of HPCL LNG, a wholly-owned subsidiary of HPCL, to meet captive demand of HPCL and also for marketing to other downstream customers. 

Presently, Chhara LNG Terminal has regasification capacity of 5 million tonnes per annum (mtpa) with gross storage capacity of LNG 400,000 Cu M in two equal sized LNG tanks.

This agreement between HPCL and ADNOC Trading underscores the deepening economic ties between India and the UAE, emphasizing the role of LNG in supporting India’s energy transition. 

The partnership positions ADNOC Trading as a key supplier for HPCL, enabling the Indian energy major to diversify its supply portfolio and secure long-term energy solutions.

Published on April 30, 2025