Stocks in news today
!Hindustan Petroleum Corporation (HPCL) and Abu Dhabi Gas Liquefaction Company (ALNG), UAE have signed a Sale Purchase Agreement (SPA) for procurement of Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas, which is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain. Under the terms of this SPA, HPCL will receive LNG at its 5 Million Tonne per annum LNG Storage and Regasification Terminal at Chhara, Gujarat. The supplies under this agreement will support the requirements of its own Refineries, City Gas Distribution (CGD) network and Gas demand across key sectors like Fertilizers, Power, Petrochemicals and other Industries, thus meeting the nations growing and evolving energy needs.

















