Qatar agrees to lower price in gas deal with India

[H.B.]

NEW DELHI, DEC 31:
Qatar has agreed to lower the gas price for India, and waive off a $1.5-billion penalty for lower offtake.

LNG prices are expected to fall by $5.50 per mmBtu after Qatar agrees to reflect the slump in energy rates in its India gas deal.

India is to buy an additional 1 million tonnes per annum of LNG from Qatar at a new pricing formula.



Qatar agrees to lower price in gas deal with India | Business Line

 

[Kickstarter101]

They are all a bit on the edge. Once the Iranian sanctions are taken off, we will buy most of our oil from them.

 

[Manidabest]

NEW DELHI, DEC 31:
Qatar has agreed to lower the gas price for India, and waive off a $1.5-billion penalty for lower offtake.

LNG prices are expected to fall by $5.50 per mmBtu after Qatar agrees to reflect the slump in energy rates in its India gas deal.

India is to buy an additional 1 million tonnes per annum of LNG from Qatar at a new pricing formula.



Qatar agrees to lower price in gas deal with India | Business Line

we r negotiating lng prices at $18 per mmBTU ....

 

[Pandora]

we r negotiating lng prices at $18 per mmBTU ....

Thats your brotherly muslim Nation for you.

 

[tsinga]

Thats your brotherly muslim Nation for you.

Not a question of brotherly nation.

We are a bulk buyer being a very large economy. Pakistan is a small buyer. We would always have an advantage compared to other nations.

Even before this renegotiation, we were paying around $12-13 per mmBTU, lesser than what Pakistan pays. Now it will be $5-7.

 

[Manidabest]

Thats your brotherly muslim Nation for you.

why blame them ...why not blame corrupt leadership of our own country who has a corrupt negotiator at place