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BPCL taps ADNOC supply deal and looks to establish 10 new LNG stations

Last update: Feb 13, 2025

This is part of a strategy to support India’s transition to cleaner energy with plans to invest in its natural gas business.

© BPCL

Bharat Petroleum Corporation Limited (BPCL) has announced plans to establish 10 new liquefied natural gas (LNG) stations and enter into a five-year supply agreement with Abu Dhabi National Oil Company (ADNOC).

The state-run company is expanding its natural gas infrastructure as part of its strategy to support India’s transition to cleaner energy. Supplies will account for 0.45 million tonnes per annum (MTPA) of LNG, an agreement that is expected to be formalized during the India Energy Week 2025, as reported by The Economic Times.

BPCL plans to greatly invest in its natural gas business, which includes city gas distribution, LNG infrastructure, and related projects.

The company aims to increase the share of natural gas in its energy portfolio from the current 4% to approximately 8-9% in the coming years.

Alongside LNG, BPCL is also exploring the potential of green hydrogen as part of its broader energy diversification strategy. Currently, it is working on two pilot projects and plans to increase its investment in green hydrogen as costs decrease.

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