New Delhi: State-run Oil and Natural Gas Corporation (ONGC) has taken a strategic step to strengthen India’s liquefied natural gas (LNG) supply framework by signing a Master LNG Sale and Purchase Agreement (MSPA) with TotalEnergies Gas & Power Ltd (TEGPL).
The agreement enables ONGC to participate in future LNG sourcing opportunities, including spot and short-term LNG cargoes, providing greater flexibility in procurement amid evolving global energy markets.
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By onboarding TotalEnergies—one of the world’s leading LNG suppliers with a diversified global portfolio—ONGC aims to enhance the resilience, competitiveness, and reliability of its LNG sourcing strategy. The move supports ONGC’s broader transition into an integrated energy major while ensuring secure gas supplies for India’s growing energy needs.
The MSPA was concluded on January 27, 2026, on the sidelines of India Energy Week 2026, underlining ONGC’s continued focus on diversified energy partnerships and long-term supply security.