India to sign deal extending LNG imports from Qatar till 2048, lowering costs | Rig Jobs (Business Opportunities - Other Business Ads)

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India to sign deal extending LNG imports from Qatar till 2048, lowering costs | Rig Jobs


The first 25-year deal is to expire in 2028 and is now being extended for 20 additional years. The second deal for 1 million tonne a year entered into in 2015, will be negotiated separately.

India is likely to sign on Tuesday a multi-billion dollar deal to extend LNG imports from Qatar till 2048 at rates that are lower than current prices, sources said. Petronet LNG Ltd will sign the deal with QatarEnergy to extend import of 7.5 million tonnes a year on the sidelines of India Energy Week here.

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Last Update : Feb 07, 2024 2:48 AM
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