BSECompany Update3d ago · 6 Nov 2026, 11:13 am

Press Release - Gujarat Energy Signs agreement with ADNOC for procuring upto 4.0 Million tones of LNG

Gujarat Energy Ltd · 539336

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Gujarat Energy Ltd has signed a 10-year agreement with ADNOC for procuring up to 4.0 million tonnes of LNG, marking the first purchase of molecules from XRG's international portfolio.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Gujarat Energy Ltd - 539336 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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GEL/SEC/2026/1636 6th November, 2026 BSE Limited, National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai G Block, Bandra Kurla Complex, Bandra (East), Mumbai Company Code: BSE - 539336 Company Code: NSE - GUJENERGY Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release Respected Sir/ Madam, We are pleased to enclose herewith the Press Release on “Gujarat Energy Signs Agreement with ADNOC for procuring up to 4.0 Million Tonnes of LNG” dated 6th November, 2026. The same will also be made available on the website of the Company viz. www.gujarat-energy.com. This is for your information and record. Thanking you, For, Gujarat Energy Limited Sandeep Dave Company Secretary Encl: As above GUJARAT ENERGY LIMITED (Erstwhile Gujarat Gas Limited) Corporate Office: Office No. 4 & 5, Ground Floor, IT Tower -2, Infocity, Gandhinagar – 382009 Gujarat Registered Office: Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector- 11, Gandhinagar, Gujarat – 382010 Tel.: +91-79-66701001 Website: https://www.gujarat-energy.com/ , CIN: L40200GJ2012SGC069118 ssssss Gujarat Energy Signs Agreement with ADNOC for procuring up to 4.0 Million Tonnes of LNG Ten-year agreement marks the first procurement of molecules from XRG’s international portfolio Agreement concluded through ADNOC’s new global LNG marketing and trading platform, which targets 47 mtpa of marketable LNG beyond 2030 Gandhinagar, India – November 06, 2026: Gujarat Energy today announced the signing of a long-term Sales and Purchase Agreement (SPA) with Abu Dhabi National Oil Company (ADNOC), for procuring Liquefied Natural Gas (LNG) from the international gas portfolio of XRG, ADNOC’s international investment comp any. The agreement marks the first purchase of molecules from XRG’s international portfolio. Under the agreement, Gujarat Energy will receive up to 4.0 million tonnes of LNG over ten years, starting in 2028. The agreement is ADNOC’s fifth LNG supply agreement in India. Rashid Al Mazrouei, Chief Marketing & Origination Officer (LNG), said: “This agreement with Gujarat Energy strengthens ADNOC’s long-standing energy partnership with India. It represents the first sale of molecules from XRG’s international portfolio, reinforcing our commitment to delivering reliable, long-term LNG supplies. Through our integrated LNG marketing and trading platform, we are connecting our growing international portfolio with customers in key markets, while providing India with reliable, flexible and long-term LNG supplies.” The deal builds momentum for ADNOC’s global LNG marketing and trading platform, launched in Abu Dhabi Global Market in July 2026. The platform has now signed supply agreements with INPEX in Japan, Gulf Group in Thailand and Gujarat Energy in India, expanding ADNOC’s reach across Asia’s key LNG markets. It targets 47 mtpa of marketable LNG beyond 2030, positioning ADNOC among the world’s leading LNG suppliers. The agreement is a significant step in XRG’s evolution as a globally integrated gas and LNG business. It connects XRG-owned supply produced outside the Gulf with demand in India through ADNOC’s global LNG marketing and trading platform, demonstrating how the Group can bring molecules from its international portfolio to customers in key markets. Ms. Avantika Singh Aulakh, Managing Director, GEL said “Through this partnership, GEL and ADNOC are joining forces to fully realize the power of our collaboration. GEL leads the market at every stage of the energy journey, backed by robust regasification infrastructure, a widespread city gas network operating across 44 (fourty-four) districts in 6 (six) states, and a fast-growing trading presence in India. Natural gas is central to driving India's shift toward cleaner energy, acting as a crucial lower-carbon option that boosts industrial efficiency, offers households a safer cooking fuel, and accelerates the growth of eco-friendly transportation.” About ADNOC ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification. To find out more, visit: www.adnoc.ae For media inquiries, please contact: media@adnoc.ae About XRG XRG is an international investment company with an enterprise value of over $150 billion, investing across natural gas, chemicals and scalable energy solutions that power AI and industry globally. Headquartered in Abu Dhabi and wholly owned by ADNOC, XRG’s portfolio includes operating and non-operating interests in assets and companies that are meeting the rapidly increasing global demand for energy and the chemicals that are essential for sustainable economic growth. XRG deploys resilient capital with a long-term perspective, backed by financial discipline, clear investment criteria, and a focus on building businesses designed to perform across market cycles. About Gujarat Energy Gujarat Energy Limited (GEL) is an integrated and diversified energy company in India with a presence across the energy value chain. GEL’s operations span across critical segments, including natural gas trading, city gas distribution (largest in India), exploration and production of oil & gas, gas based as well as renewable power generation, and LNG import infrastructure. GEL remains committed to play a pivotal role in securing India’s Clean Energy Future. For more information, visit www.gujarat-energy.com.