India may seek to reopen the pricing of its long-term LNG import contract with Qatar to reflect falling rates of the spot or current market, Oil Minister Dharmendra Pradhan said on Thursday. “Energy Minister of Qatar is coming for bilateral discussion (to India) at the end of the month. We will discuss all the aspects,” Pradhan told reporters here.
He was asked if the government is looking at renegotiating liquefied natural gas (LNG) contracts in view of the fall in prices of the fuel available in spot or current market.
