Seeing preference for short term LNG contracts in India: RasGas

Hamad Mubarak Al Muhannadi also said that India needs more LNG terminals to unlock demand. Asia's third-largest economy will become the world's second-largest spot and long-term LNG buyer this year, Muhannadi said.

December 06, 2016 / 10:10 IST

Qatar's RasGas is seeing preference for short-term LNG contracts from customers in India, its chief executive said on Tuesday at the Petrotech energy conference in New Delhi.

Hamad Mubarak Al Muhannadi also said that India needs more LNG terminals to unlock demand. Asia's third-largest economy will become the world's second-largest spot and long-term LNG buyer this year, Muhannadi said.

first published: Dec 6, 2016 10:10 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347