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Qatar agrees to supply LNG to GAIL in five-year dealQatar is already India’s largest LNG exporter, providing roughly half of the South Asian nation’s total purchases last year.
Bloomberg
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<div class="paragraphs"><p>Birds fly past the logo of India's state-owned natural gas utility GAIL (India)</p></div>

Birds fly past the logo of India's state-owned natural gas utility GAIL (India)

Credit: Reuters Photo

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.

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The 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 and QatarEnergy didn’t immediately respond to a request for comment.

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(Published 17 December 2024, 08:56 IST)