UAE Inks $2.5 Billion Gas Supply Deal With HPCL

The UAE has signed a $2.5 billion LNG deal with India’s Hindustan Petroleum, supplying 500,000 tonnes annually for 10 years via ADNOC Gas. The pact makes India the UAE’s largest gas customer and boosts trade ties. Announced during President Mohamed bin Zayed’s New Delhi visit, both nations also pledged deeper defence and cybersecurity cooperation.