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Petronet does not predict major impact from Qatar fallout

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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/

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