IndianOil Corporation Limited has executed an agreement to establish a long-term sale and purchase arrangement for LNG with TotalEnergies Gas and Power Limited from 2026 for 10 years, and ADNOC Group for a period of 15 years with an annual volume up to 40,800,000 MMBtu per annum and 1 MMTPA respectively.

Shardul Amarchand Mangaldas & Co advised IndianOil on this transaction.

The transaction team was led by Prashant Sirohi (Partner) with assistance from Varnika Mohan (Principal Associate) and Siddharth Jain (Associate).

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