The largest oil company in India, IOC, has agreed to purchase LNG for USD 7-9 billion over a 14-year period beginning in 2026 from ADNOC Gas plc in the United Arab Emirates. The deal between ADNOC Gas and IOC to export up to 1.2 million tonnes of LNG annually (mmtpa) is "valued in the range of USD 7 billion to USD 9 billion over its 14-year term," according to ADNOC Gas.
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