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ADNOC agreed to supply Gujarat Energy with up to four million tonnes of LNG over ten years, with deliveries scheduled to begin in 2028. The contract is for approximately 400,000 tonnes annually, priced against the Henry Hub benchmark, and the gas will come from XRG-owned production outside the Gulf.
The agreement adds a long-term supply channel for India and diversifies sourcing beyond UAE-produced gas. Its future deliveries modestly improve supply availability, though the volumes are unlikely to shift near-term prices materially.
daily8.comArabian PostNov 7, 2026After 24 past bearish trade events, Natural Gas moved a median +2.8% over 5 sessions (54% higher; middle half -4.5% to +7.3%), and -1.2% 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.
