India’s talks with Qatar, for an additional 3-4 million tonnes liquefied natural gas (LNG) per year – over and above the current imports of 7.5 million tonnes of LNG a year by Petronet LNG Ltd -, reportedly came to a standstill on Friday over the crucial question about the pricing of the fuel.
According to the information shared by `inside’ sources, the India-Qatar LNG negotiations – which were being held during Qatar Energy Minister Mohammed bin Saleh Al-Sada’s India visit – got stuck when Qatar said that it wanted a price of $16 per million British thermal unit.
