, India
Photo by Wolrider YURTSEVEN via Pexels

India to bolster hydrocarbon resilience in energy pact with UAE

The collaboration aspires to strengthen India’s long-term LPG supply.

India’s Indian Strategic Petroleum Reserves Limited (ISPRL) and Abu Dhabi’s National Oil Company (ADNOC) signed a Memorandum of Understanding to work on the former’s hydrocarbons sector.

According to a press release, the partnership also aims to enhance India's resilience against global supply disruptions and energy market volatility.

Additionally, the agreement will create new opportunities in Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) storage infrastructure.

“It will support India’s efforts to diversify energy sources and expand storage capacity to build a secure and future-ready energy ecosystem,” the press release said.

The collaboration also aspires to strengthen India’s long-term LPG supply security to ensure a reliable energy source for domestic demand. 
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!