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Special Coverage – India Energy Week 2025

  • Indian Oil Corporation Limited (IOCL) and the Abu Dhabi National Oil Company (ADNOC) signed a significant agreement worth USD 7 billion, enabling India to source 1.2 million metric tons per annum (MMTPA) of liquefied natural gas (LNG) for 14 years starting in 2026.
  • Similarly, BPCL entered into a five-year LNG off-take agreement with ADNOC for 2.4 million metric tons, with the possibility of extending the agreement for another five years.
  • India signed its first ever LNG-export agreement with Nepal, delivering 240 Metric Tonnes of LNG annually for 5 years via cryogenic trucks from Odisha’s Dhamra Terminal.

2. Hydrocarbon & Renewable Energy Initiatives and  Partnerships

ONGC Videsh (a wholly owned subsidiary of ONGC) and Petrobras (Brazil), signed a non- binding MoU to explore upstream Oil and Gas projects, trading, decarbonization and digitization in Brazil, India and third countries.

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