India's biggest gas importer eyes US LNG within its Qatar long-term contract
Petronet LNG is talking with Qatar about adding American LNG to a renewed supply deal starting in 2028, Reuters reports.
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what happened
Qatar is ready to consider India's request to add US-sourced liquefied gas to its renewed long-term contract. Reuters reports that the move could help New Delhi widen its import base after disruptions triggered by the war in Iran.
Petronet LNG, India's largest gas importer, said through group general manager Vivek Mittal that it is discussing with Qatar a share of US supply. The current contract covers 7.5 million metric tons a year and expires in April 2028, but it has already been extended for 20 years, to 2048. Qatar could offer volumes from other sources it has already secured. QatarEnergy declared force majeure on LNG shipments in March, and the measure currently lasts until December. Petronet has also suspended time charters for three LNG tankers.
why it matters
A shift of part of Indian purchases toward US gas matters for the LNG market: demand for American cargoes could rise while Qatar's prolonged force majeure keeps large buyers searching for alternative routes.
tags
instruments
sources
- India's top gas importer sets eyes on US LNG under long-term deal with Qatar — Reuters, 3 November 2026 at 08:13 UTC
- India's top gas importer sets eyes on US LNG under long-term deal with Qatar — Moody's, 3 November 2026 at 09:58 UTC
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