The United Arab Emirates and India have announced a significant liquified natural gas (LNG) agreement valued at over $2.5 billion. The deal was confirmed on Monday following a meeting between Emirati President Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi in New Delhi.<\/p>\n
The 10-year contract was signed between ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and the state-run Hindustan Petroleum Corporation Ltd. Under the terms, ADNOC Gas will supply half a million tonnes of LNG annually to the Indian company.<\/p>\n
According to a statement from ADNOC Gas, this agreement brings the total value of its supported and operated contracts to over $20 billion, positioning India as the UAE’s largest customer for natural gas. By 2029, Indian companies are expected to account for more than one-fifth of ADNOC Gas’s total annual output of 15.6 million tonnes.<\/p>\n
In a joint statement, the two leaders highlighted the growth in trade since a 2022 agreement and committed to a new target of doubling trade volume to $200 billion by 2032.<\/p>\n
Furthermore, Prime Minister Modi’s office stated that the two nations have agreed to advance their strategic defense partnership, focusing on enhancing cooperation in special operations, interoperability, cybersecurity, and counter-terrorism efforts.<\/p>\n","protected":false},"excerpt":{"rendered":"
The United Arab Emirates and India have announced a significant liquified natural gas (LNG) agreement valued at over $2.5 billion. The deal was confirmed on Monday following a meeting between Emirati President Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi in New Delhi. The 10-year contract was signed between ADNOC Gas, a […]<\/p>\n","protected":false},"author":3,"featured_media":25792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"7","parallax":"1","fullscreen":"1","layout":"left-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"jnews_post_split":{"post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]},"footnotes":""},"categories":[196],"tags":[1144,349,983],"class_list":["post-25791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy","tag-gas","tag-india","tag-uae"],"_links":{"self":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/25791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/comments?post=25791"}],"version-history":[{"count":1,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/25791\/revisions"}],"predecessor-version":[{"id":25794,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/25791\/revisions\/25794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media\/25792"}],"wp:attachment":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media?parent=25791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/categories?post=25791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/tags?post=25791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}