Hindustan Petroleum Corporation (HPCL) and Abu Dhabi Gas Liquefaction Company (ALNG) have signed Heads of Agreement (HOA) for procurement of Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas, which is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain.
Under the terms of HOA, HPCL will receive LNG at the recently commissioned Chhara LNG Terminal, Gujarat to meet the demand of its refineries, City Gas Distribution Network and for marketing to downstream customers. This agreement between HPCL and ALNG underscores the deepening economic ties between India and the UAE, emphasizing the role of LNG in supporting India's energy transition. The supply under this agreement marks a significant milestone in India's energy security and HPCL's commitment to cleaner energy transition.
Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.
