
Business Update5 Nov 2026, 03:19 pm
Petronet LNG in talks with Qatar over delayed LNG cargoes
AI Summary
Petronet LNG is in discussions with Qatar, its largest LNG supplier, to secure delivery of approximately 90 liquefied natural gas (LNG) cargoes that have been delayed. These delays are primarily attributed to the West Asia crisis, with 75-80 cargoes under the existing contract affected. Additionally, 15-16 cargoes were not delivered in the 2015-16 period due to pricing disputes. Qatar supplies Petronet with 7.5 million metric tons of LNG annually, equivalent to about 9-10 cargoes per month.
Key Highlights
- Petronet LNG in talks with Qatar for delayed LNG cargoes.
- Over 90 LNG cargoes delayed due to West Asia crisis and pricing disputes.
- Qatar is India's largest LNG supplier to Petronet.
- Discussions aim to secure delivery of delayed cargoes.
Price Impact
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