Indian Oil Corporation (IOCL) has signed a 15-year agreement with the ADNOC for the supply of 1 million tonnes of LNG annually. ADNOC is headquartered in which country? (September 2024)

Correct option is A

Indian Oil Corporation (IOCL) has signed a 15-year agreement with the Abu Dhabi National Oil Company (ADNOC) to supply 1 million tonnes of liquefied natural gas (LNG) annually. ADNOC is headquartered in the United Arab Emirates (UAE).
Details:
About ADNOC:
· Full Name: Abu Dhabi National Oil Company
· Headquarters: Abu Dhabi, United Arab Emirates
· Ownership: Fully state-owned by the government of Abu Dhabi.
· Operations: ADNOC is a major energy producer, involved in exploration, production, storage, refining, and distribution of oil and gas.
Significance of the Agreement:
· Strengthens India-UAE energy ties, ensuring a stable supply of LNG for India's growing energy demands.
· Contributes to India’s strategy of securing long-term energy partnerships.