Petronet LNG, India’s top gas importer, will seek up to 1 million tonnes per annum (mtpa) in additional liquefied natural gas (LNG) supplies when it renews its long-term deal with Qatar, the company’s chief executive said on Tuesday.
“We are seeking an additional 0.75 to 1 mtpa on top of existing 8.5 mtpa contact,” Chief Executive A.K. Singh told reporters on the sidelines of the Indian Energy Week conference.
Petronet, which is currently purchasing LNG from Qatar at $16 per million British thermal unit (mmbtu), has until the end of this year to renew its deal.
