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ADNOC investment arm XRG agreed to supply Gujarat Energy with up to 4 million tonnes of LNG annually for 10 years, with deliveries scheduled to begin in 2028. The deal is described as the fifth long-term LNG supply agreement ADNOC and XRG have signed with an Indian buyer.
The contract secures a substantial long-term supply flow for India and adds demand competition for LNG cargoes. It may support regional gas prices, though the delivery start is in 2028 and the agreement does not disclose pricing terms.
thedailyenergy.comJames WhitmoreNov 7, 2026After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
