Petronet does not predict major impact from Qatar fallout
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that India's Petronet LNG has announced that it did not expect any impact on gas supplies from Qatar after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with the Gulf Arab state.
"I don't think there will be any impact on it. We get gas directly from Qatar by sea," R.K. Garg, head of finance at Petronet announced.
Petronet LNG, India's biggest gas importer, buys 8.5 million tpy of LNG from Qatar under a long-term contract.
It also buys additional volumes from Qatar under spot deals.
Read the article online at: https://www.lngindustry.com/liquefaction/05062017/petronet-does-not-predict-major-impact-from-qatar-fallout/
You might also like
IEEFA: EU combined gas and LNG imports fall due to reduced demand
EU measures to reduce gas demand have driven a decline in the bloc’s combined imports of pipeline gas and LNG, according to a new data tracking tool published by the Institute for Energy Economics and Financial Analysis.