Qatar to step up LNG sales to India in 2009

Qatar, the world’s largest liquefied natural gas exporter said it would sell additional LNG to India this fiscal year to ease fuel deficit faced by power and fertiliser units in the country.

“We will sell more extra (LNG) cargoes this year,” Qatar Deputy Prime Minister and Energy Minister HE Abdullah bin Hamad al-Attiyah said on his arrival here to attend the Petrotech 2009 conference. RasGas currently sells 5mn tonnes a year of LNG to Petronet under a 25-year contract. An additional 2.5mn tonnes will be supplied under the same contract from the fourth quarter of 2009. Qatar, which last year came to the rescue of the beleaguered Dabhol power plant by agreeing to supply more than 1.25mn tonnes, is likely to supply six cargoes this year beginning February.

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