ADNOC Pledges Continued Energy Supply to India Amidst Growing Demand

Business
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Moneycontrol•27-01-2026, 17:34
ADNOC Pledges Continued Energy Supply to India Amidst Growing Demand
- •ADNOC's MD, Sultan Ahmed Al Jaber, affirmed the company's commitment to supplying feedstocks and chemicals for India's petrochemical and industrial sectors.
- •India is ADNOC's top market for LNG, and ADNOC is India's largest supplier of LPG, supporting the country's energy transition and cleaner cooking fuel initiatives.
- •Bilateral trade between UAE and India reached a record $100 billion last year, with leaders aiming to double it to $200 billion by 2032.
- •Al Jaber highlighted projected global energy demand: oil above 100 million barrels/day until 2040, LNG demand up 50%, and electricity demand up 50%.
- •ADNOC is investing in India's renewable energy capacity through its Alterra vehicle, focusing on 11 gigawatts of solar, wind, and storage projects.
Why It Matters: ADNOC reaffirms its role as a key energy partner for India, supporting its growth and energy transition.
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