February 29, 2024
Shardul Amarchand Mangaldas & Co. advised Deepak Fertilizers and Petrochemicals Corporation Ltd. in relation to a long-term supply and purchase agreement for Liquefied Natural Gas (LNG) with Equinor ASA. The agreement was executed on 19 February 2024, and the deal is valued at approximately 4 billion USD.
The executed long term LNG supply and purchase agreement covers an annual supply of around 0.65 MPTA of LNG for a 15-year period.
SAM & Co. team was led by Prashant Sirohi, Partner; Siddharth Jain, Associate; and Rudra Shankar, Associate.
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