India’s Petronet LNG (PLL) and QatarEnergy on Tuesday inked a long-term LNG Sale & Purchase Agreement (SPA) for the supply of around 7.5 million metric tons per annum (MMTPA) of LNG to India, for the period between 2028 to 2048.
The deal involves LNG imports of $78 billion by the PLL during the contract period. The agreement signed on the sidelines of India Energy Week here serves as an extension to the Indian company’s existing Sale and Purchase Agreement (SPA) signed back in July 1999, due to expire in 2028.
