Loading... Loading...happy to help!
click to start chat
Mumbai - 04.08.2025
Agreement strengthens HPCL’s position as a dominant and reliable Natural Gas supplier in growing Indian Gas Market.
Hindustan Petroleum Corporation Limited (HPCL), one of India’s largest integrated oil refining and marketing company, has signed a Heads of Agreement (HOA) with Abu Dhabi Gas Liquefaction Company (ALNG) a subsidiary of ADNOC Gas for procurement of Liquefied Natural Gas (LNG) for a 10-year term. ADNOC Gas 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 initiative further enables HPCL in building a diverse portfolio encompassing long and short-term LNG contracts to secure LNG and serve customers at competitive prices.
The supply under this agreement marks a significant milestone in India’s energy security and HPCL’s commitment to cleaner energy transition. This strategic partnership underlines India’s commitment towards increasing the share of gas in its energy basket. Such long-term LNG agreements play a vital role in ensuring reliability, affordability and supply security amidst a highly volatile global energy landscape.
About Hindustan Petroleum Corporation Limited:
Hindustan Petroleum Corporation Limited (HPCL) operates two oil refineries on India’s East and West Coasts and holds stakes in HMEL and MRPL joint venture refineries. A greenfield Joint Venture refinery in Rajasthan is under construction. HPCL has a vast marketing network that includes 23,901 retail outlets, 6,384 LPG distributorships, an LPG import facility, 55 LPG bottling plants, 57 aviation fuel stations, and approximately 5,132 km of pipeline network. The company, along with the joint ventures and subsidiary companies, has developed a robust infrastructure setup, including a 5 MMTPA LNG storage and regasification terminal at Chhara (Gujarat), an LPG import facility at Visakhapatnam, and authorization to develop CGD networks in 25 geographical areas, etc., to meet the growing energy needs of the nation.