{"id":633906,"date":"2024-02-12T09:57:23","date_gmt":"2024-02-12T04:27:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633906"},"modified":"2024-02-12T11:21:58","modified_gmt":"2024-02-12T05:51:58","slug":"rich-to-lean-4-price-changes-story-of-indias-largest-gas-import-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rich-to-lean-4-price-changes-story-of-indias-largest-gas-import-deal\/","title":{"rendered":"&#8216;Rich&#8217; to &#8216;lean&#8217;, 4 price changes: Story of India&#8217;s largest gas import deal"},"content":{"rendered":"<p>Petronet renewing a contract to buy 7.5 million tonnes of LNG from Qatar annually from 2029 for 20 years is the largest-ever extension of super-chilled fuel in the world, and will support India&#8217;s clean energy goals, officials said. <\/p>\n<p>The original 25-year deal was signed in 1999 and supplies started in 2004. Qatar has since then never defaulted on a single cargo and neither did it slap penalties under take-or-pay clause when the Indian firm did not take deliveries because prices were too high, top Petronet officials said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Petronet renewing a contract to buy 7.5 million tonnes of LNG from Qatar annually from 2029 for 20 years is the largest-ever extension of super-chilled fuel in the world, and will support India&#8217;s clean energy goals, officials said. The original 25-year deal was signed in 1999 and supplies started in 2004. Qatar has since then never defaulted on a single cargo and neither did it slap penalties under take-or-pay clause when the Indian firm did not take deliveries because prices were too high, top Petronet officials said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-633906","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633906"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633906\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}