LNG

Indian liquefied natural gas imports showed a long-awaited surge of over 17 percent in the full fiscal year to the end of March as growing domestic gas output was offset by falling LNG prices and the nation’s increasing demand for gas marked by a new West Coast terminal set to start commercial operations soon

QatarEnergy has signed an agreement for the supply of 7.5 million tonnes per annum of LNG to Petronet of India on a delivered ex-ship (DES) basis for a period of 20 years.