Gujarat Energy signs ADNOC deal for 0.4 MTPA of LNG
- Agreement
- Natural gas
Reviewed byKeshav SehgalBlacklitt Research
Gujarat Energy (NSE: GUJENERGY) has signed a Sales and Purchase Agreement with ADNOC Trading Limited for procuring 0.4 million tonnes per annum of liquefied natural gas, with pricing linked to the Henry Hub index, it said in a filing on 06 Nov 2026. The company's stated market capitalisation is about ₹20,000 crore.
Key highlights
- Contracted LNG volume: 0.4 million tonnes per annum
- Pricing: linked to the Henry Hub index
- Counterparty: ADNOC Trading Limited, international supply
- Market capitalisation stated: about ₹20,000 crore
The contract in numbers
| Item | Detail |
|---|---|
| Counterparty | ADNOC Trading Limited |
| Type | Long-term LNG sales and purchase agreement |
| Volume | 0.4 million tonnes per annum (MMTPA) |
| Pricing | Linked to the Henry Hub index |
| Domestic or international | International |
| Stated market capitalisation | About ₹20,000 crore |
What the agreement covers
Gujarat Energy has signed the agreement with ADNOC Trading Limited to procure LNG from ADNOC Trading's international gas portfolio. The volume is 0.4 million tonnes per annum, and the price is linked to the Henry Hub index.
The company describes the signing as a long-term LNG contract that will help improve energy security for its customers and India at large. The filing says this is a continuation of a 5 Nov 2026 communication on the Board's approval for such agreements with international suppliers.
Scale against the company
The stated market capitalisation of about ₹20,000 crore is a reference point for the size of the company. The company's market value on Blacklitt's data was ₹21,076 crore at the 05 Nov 2026 close.
The company reported consolidated total income of ₹9,996.85 crore and net profit of ₹489.77 crore for the quarter ended 30 Sep 2026, in its results filed on 05 Nov 2026.
What the LNG agreement means for Gujarat Energy's shareholders
The agreement secures a long-term supply of LNG from an international portfolio, with pricing tied to Henry Hub. The company's own rationale is energy security for its customers.
The filing does not state the contract value or the price paid, the duration of the agreement, when deliveries start, the delivery schedule, or whether the terms are take-or-pay. The effect on the company's financial results is not known from the filing.
Filed with NSE on . Reference: Original filing (PDF)
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