India is set to sign a deal to extend LNG imports from Qatar for 20 years at reduced rates. The agreement will see Petronet LNG import 7.5 million tonnes of LNG annually.
Betul (Goa), Feb 6 (PTI) India is likely to sign on Tuesday a multi-billion dollar deal to extend import of 7.5 million tonne of LNG per year from Qatar for another 20 years beyond 2028 at rates that are lower than current prices, sources said.
Petronet LNG Ltd will sign the deal to extend import contract with Qatar Energy on sidelines of India Energy Week here.
Sources said the price will be "significantly" lower than current price.
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