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    HomeNewsBusinessCompaniesQatar agrees to supply LNG to Gail India in five-year deal

    Qatar agrees to supply LNG to Gail India in five-year deal

    Gail India will receive one LNG shipment a month from April 2025 until March 2030, people familiar with the development told Bloomberg News. The deal was concluded as part of a tender that closed earlier this month.

    Moneycontrol News
    December 16, 2024 / 17:57 IST
    Qatar is India’s largest LNG exporter, providing roughly half of the nation’s total purchases last year.
       
       
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      Qatar will supply liquefied natural gas to Gail India Ltd. from next year under a new five-year pact, according to people with knowledge of the matter.

      India’s state-owned company will receive one LNG shipment a month from April 2025 until March 2030, said the people, who asked not to be identified because the information is not public. The deal was concluded as part of a tender that closed earlier this month.

      Qatar is already India’s largest LNG exporter, providing roughly half of the South Asian nation’s total purchases last year. Gail India and QatarEnergy didn’t immediately respond to a request for comment.

      Moneycontrol News
      first published: Dec 16, 2024 05:57 pm

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