Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 4)
4.
Which company signed a 15-year LNG supply agreement with ADNOC for the Ruwais project?
Indian Oil
Reliance Industries
Bharat Petroleum
Hindustan Petroleum
Answer: Option
Explanation:
The agreement was signed between ADNOC and Indian Oil Corporation for a 15-year period. Under this deal, ADNOC will supply 1 million tonnes per annum of liquefied natural gas (LNG) from its Ruwais LNG project. This agreement highlights India’s strategic move to secure long-term energy supplies, ensuring steady availability of cleaner fuel for its growing economy. LNG deliveries will reach multiple ports across India, strengthening the nation’s energy infrastructure and security while supporting the transition toward lower-carbon energy sources. This partnership also reflects growing international energy collaborations between the UAE and India.
Discussion:
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