Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Monday said it has entered into a long-term supply agreement for liquefied natural gas (LNG) with global energy major Equinor. It is one of the largest contracts signed by the Norway-based company with a private sector firm in India.
The fertiliser maker said it has signed a 15-year LNG contract with Equinor to strengthen its value chain from gas to ammonia to various downstream fertilisers and industrial and mining chemicals. The deal will ensure annual supplies of up to 0.65 million tonnes, starting from 2026.