Energy and oilUpdated November 6

ADNOC deal marks XRG portfolio’s first LNG sale.

Before deliveries begin, the deal gives XRG’s international portfolio its first LNG sale. ADNOC agreed to supply Gujarat Energy in India with up to 4 million tonnes over 10 years, with shipments scheduled to begin in 2028. It links XRG’s international holdings with an Indian customer through a decade-long supply arrangement. The “up to” matters: 4 million tonnes is the stated ceiling, not a fixed promise to deliver the full amount. The sale is agreed; the shipments are still ahead.

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Coverage started November 6