ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Downstream
ADNOC is seeking to expand its long-term energy partnerships with India, specifically in LPG supply, crude oil, and strategic storage. The company views India as a critical market and aims to enhance energy security through deeper cooperation.
Why it matters
Strengthening energy ties between the UAE and India is a key component of both nations' economic and strategic foreign policy goals.
The Abu Dhabi National Oil Company (ADNOC) is open to further long-term liquefied petroleum gas (LPG) supply agreements with India and sees significant potential to deepen cooperation across crude oil, liquefied natural gas (LNG), naphtha, trading, shipping and strategic storage, Nasser Omair Al Muhairi, its Acting CEO (downstream industry, marketing and trading business) told The Hindu in an exclusive interaction.
“By combining [ADNOC’s] supply, trading and shipping capabilities, ADNOC is well positioned to provide Indian customers with reliable long-term LPG access, greater flexibility and enhanced energy security,” he said..
Mr. Al Muhairi described India as one of ADNOC’s most important energy markets.
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