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HPCL signs its first LNG Trading Supply Agreement

HPCL signs its first LNG Trading Supply Agreement

Hindustan Petroleum Corporation Limited (HPCL) and ADNOC Trading have signed LNG Trading Supply Agreement. This Agreement marks a significant step in the strategic partnership between the two organizations, fostering energy security and sustainability.

The LNG will be received at recently commissioned Chhara LNG Terminal of HPCL LNG Ltd., a wholly-owned subsidiary of HPCL, to meet captive demand of HPCL and also for marketing to other downstream customers. Presently, Chhara LNG Terminal has regasification capacity of 5 MMTPA with gross storage capacity of LNG 400,000 Cubic Metre in two equal sized LNG tanks.

 

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