New Delhi, Jan. 19 -- India on Monday underscored the United Arab Emirates' crucial contribution to its energy security and announced a long-term Liquefied Natural Gas (LNG) supply agreement as part of a series of outcomes following the Emirates' President Sheikh Mohamed bin Zayed Al Nahyan's visit to the country.

Briefing the media following the UAE President's visit here, he said the agreement is a Sales and Purchase Agreement between Hindustan Petroleum Corporation Limited (HPCL) and Abu Dhabi National Oil Company Gas (ADNOC Gas).

Under the deal, HPCL will purchase 0.5 million metric tonnes per annum of liquefied natural gas from ADNOC Gas for 10 years, starting in 2028.

"This is a sale and purchase agreement between Hindustan Petro...