India’s Petronet LNG prefers long-term LNG deals over spot exposure

Capt. John

India’s biggest LNG importer Petronet LNG is open to extending the existing long-term contract with Qatar’s RasGas beyond 2028 to secure uninterrupted supplies to user industries such as power, fertilizers, and city gas distribution in Asia’s third-largest economy, company officials said Aug. 18. They also said Petronet LNG favors a long-term contract for LNG supplies …

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