What specific storage capacity expansion is ADNOC exploring with India's Strategic Petroleum Reserves Limited, and where are the proposed locations?

ADNOC is exploring expanding its crude oil storage capacity in India to 30 million barrels, covering the existing Mangalore reserve and potential new reserves at Visakhapatnam and Chandikhol. The agreement also includes evaluating the establishment of a crude oil storage facility in Fujairah linked to India’s strategic reserve system.

What is the nature and scope of ADNOC’s separate agreement with Indian Oil Corporation regarding LPG?

ADNOC has signed a separate agreement with Indian Oil Corporation to expand LPG supply and trade cooperation, including long-term LPG sales arrangements supported by ADNOC Global Trading; this builds on their existing long-term LPG supply agreement in place since 2023.

ADNOC Deepens Cooperation with Indian Energy Enterprises

May 20, 2026

ADNOC signed strategic agreements with Indian energy firms covering crude, LNG, and LPG storage and trade, aiming to expand storage capacity to 30 million barrels and enhance supply chain resilience.

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ADNOC Deepens Cooperation with Indian Energy Enterprises

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