Petronet considers role in Qatari LNG expansion

India’s Petronet LNG is eyeing a stake in the planned LNG expansion projects in Qatar as the company seeks to diversify its portfolio.
By Staff reporter 10 November 2017 0 28341

India’s Petronet LNG is eyeing a stake in the planned LNG expansion projects in Qatar as the company seeks to diversify its portfolio, managing director and chief executive Prabhat Singh has said, according to The Economic Times.

The company has a long-term sales-and-purchase agreement with RasGas for 7.5 mtpa.

Under this agreement RasGas promised to give Petronet a 5% stake in its liquefaction plant, but Petronet did not take up this offer.

Petronet is now able to take a stake in either of the projects planned...

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