New Delhi: Oil and Natural Gas Corporation Limited (ONGC) has signed a Master Regasification Agreement (MRA) with Petronet LNG Limited during India Energy Week 2026, aimed at strengthening India’s liquefied natural gas (LNG) value chain.
Under the agreement, ONGC will be able to unload and regasify spot LNG cargoes at Petronet LNG’s Dahej terminal, enhancing operational flexibility in spot LNG sourcing and domestic gas marketing.
The MRA is expected to support the timely availability of natural gas for consumers across India, particularly by enabling faster access to spot LNG volumes during periods of demand volatility.
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The agreement was signed on 27 January 2026 at the India Energy Week venue and forms part of ONGC’s broader efforts to strengthen its integrated gas strategy. Through such collaborations, ONGC aims to ensure a reliable, competitive, and resilient natural gas supply ecosystem for the country.
India Energy Week 2026 has emerged as a key platform for energy-sector collaboration, bringing together public sector enterprises and industry stakeholders to advance India’s energy security and gas-based economy.