{"id":592153,"date":"2023-07-20T10:40:35","date_gmt":"2023-07-20T05:10:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592153"},"modified":"2023-07-20T11:54:36","modified_gmt":"2023-07-20T06:24:36","slug":"ioc-signs-7-9-billion-lng-import-deal-with-uaes-adnoc-gas","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-signs-7-9-billion-lng-import-deal-with-uaes-adnoc-gas\/","title":{"rendered":"IOC signs $7-9 billion LNG import deal with UAE&#8217;s ADNOC Gas"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s top oil firm IOC has signed a $7-9 billion deal to import liquefied natural gas (LNG) from the UAE&#8217;s ADNOC Gas plc for 14 years beginning 2026, the UAE company said. <\/p>\n<p>Indian Oil Corporation (IOC) signed the deal as also a similar pact with TotalEnergies of France during Prime Minister Narendra Modi&#8217;s visit to France and the UAE last week. <\/p>\n<p>In a statement, ADNOC Gas said the agreement with IOC for the export of up to 1.2 million tonne per annum (mmtpa) of LNG is &#8220;valued in the range of $7 billion to $9 billion over its 14-year term, signifies a major step forward in the partnership between the two industry leaders.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s top oil firm IOC has signed a $7-9 billion deal to import liquefied natural gas (LNG) from the UAE&#8217;s ADNOC Gas plc for 14 years beginning 2026, the UAE company said. Indian Oil Corporation (IOC) signed the deal as also a similar pact with TotalEnergies of France during Prime Minister Narendra Modi&#8217;s visit to France and the UAE last week. In a statement, ADNOC Gas said the agreement with IOC for the export of up to 1.2 million tonne per annum (mmtpa) of LNG is &#8220;valued in the range of $7 billion to $9 billion over its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-592153","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=592153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}