Shardul Amarchand Mangaldas & Co. Advised Hindustan Petroleum Corporation Limited On USD 3 Billion LNG Agreement With ADNOC Gas Subsidiary

Shardul Amarchand Mangaldas & Co. advised Hindustan Petroleum Corporation Limited on USD 3 billion LNG agreement with ADNOC Gas subsidiary

The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Hindustan Petroleum Corporation Limited (HPCL) in connection with a long-term Liquefied Natural Gas (LNG) Sale and Purchase Agreement with Abu Dhabi Gas Liquefaction Company (ALNG), a subsidiary of ADNOC Gas.

The agreement, valued at approximately USD 3 billion, involves the supply of LNG to HPCL over a 10-year period and is aimed at strengthening India’s long-term energy security while supporting the country’s growing demand for natural gas.

The transaction represents a significant strategic collaboration between India and the UAE in the energy sector and reinforces HPCL’s commitment to diversifying its energy portfolio and ensuring stable fuel supplies for domestic markets.

Shardul Amarchand Mangaldas & Co. provided comprehensive legal advisory support in relation to the structuring, review, and negotiation of the LNG Sale and Purchase Agreement.

The SAM projects team advising on the transaction was led by Prashant Sirohi (Partner) and Rudra Shankar (Senior Associate).

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