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AZB & Partners acted for Arcelor Mittal Nippon Steal, India
("AMNSI") on its spot LNG Master Sale and Purchase
Agreement with Vitol Asia, Singapore, for supplying LNG to
AMNSI's integrated steel plant at Hazira, Gujarat. The
transaction was particularly important for AMNSI as it has set up a
continuous galvanising line for steel production forming part of an
ongoing INR 60,000 crore investment plan.
This transaction also underscores the importance of the burgeoning
LNG sector in India as the country ambitions to elevate the share
of natural gas in its energy mix from 6% to 15%.
Our deal team comprised our Senior Partner Anuja Tiwari, Partner
Mallika Anand and Senior Associate Shikhar Thukral.
https://www.business-standard.com/industry/news/india-to-boost-lng-import-capacity-by-27-by-2030-add-two-new-plants-125090200418_1.html
Originally published Oct 06, 2025.
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