LNG

Qatar Petroleum said it was intent on meeting the LNG requirements of India with shipments from future Qatargas output as the Asian nation moved along the path towards a gas-based economy.

Cheniere Energy, owner of the first US LNG export plant to come on stream at Sabine Pass in Louisiana, saw its losses widen in the first quarter to $320.8 million as it entered the transition phase from a development to an operating company.