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This Article is From Dec 16, 2024

Qatar Agrees To Supply LNG To Gail In Five-Year Deal

Qatar is already India’s largest LNG exporter, providing roughly half of the South Asian nation’s total purchases last year.

Qatar Agrees To Supply LNG To Gail In Five-Year Deal
GAIL (India) will receive one LNG shipment a month from April 2025 until March 2030.(Photo source: Company website)

(Bloomberg) -- 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.

India's 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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