Uniper and GSPC, Gujarat’s state-owned natural gas company, have finalised an up to ten-year LNG agreement for up to 0.5 MTPA LNG deliveries into India. The contract will commence in January 2028, under which Uniper will deliver LNG to GSPC at LNG terminals located on India’s west coast.

The agreement between the two companies comes just weeks after the historic summit between Prime Minister Modi and Chancellor Merz in Ahmedabad, Gujarat, aimed at further boosting bilateral economic ties between the two countries through energy cooperation.

Carsten Poppinga, CCO at Uniper SE, emphasised the strategic value of the partnership. “The LNG supply agreement with GSPC leverages Uniper’s global energy trading capabilities and expertise in LNG markets to the benefit of both parties. It also represents an important relationship with another important government-owned gas company to develop affordable and reliable energy solutions for our customers globally,” he said.

Ms. Avantika Singh, IAS, MD of Gujarat State Petroleum Corporation (GSPC), highlighted the agreement’s significance for the company’s growth strategy. “We are aggressively scaling our operations to become an eminent force in India’s gas trading sector. This agreement with Uniper, a company in which the German federal government holds a significant stake, serves as a strategic cornerstone in GSPC’s mission to secure competitive, long-term LNG. This partnership is a decisive step toward reinforcing GSPC’s portfolio and bridging the escalating natural gas supply-demand gap across Gujarat and the national market,” she stated.

For more information visit www.uniper.energy