HPCL and ADNOC Trading ink landmark LNG supply agreement

Hindustan Petroleum Corporation (HPCL) [BSE:HINDPETRO] announced today that it has signed a Liquified Natural Gas (LNG) Trading Supply Agreement with ADNOC Trading. This agreement marks a significant milestone in the strategic partnership between the two companies, aiming to enhance energy security and sustainability. The LNG will be received at HPCL's recently commissioned Chhara LNG Terminal, operated by its subsidiary, HPCL LNG Ltd., which has a regasification capacity of 5 MMTPA and a gross storage capacity of 400,000 Cu.M. The partnership underscores the deepening economic ties between India and the UAE, positioning ADNOC Trading as a key LNG supplier for HPCL and enabling HPCL to diversify its portfolio and secure long-term energy solutions. The announcement was made by HPCL on April 30, 2025.