India Emerging as Biggest Market for Qatari Gas

India is emerging as one of the largest gas markets for Qatar and offers opportunities for two-way investment partnership, a top Doha Bank official has said.

India has sought to purchase 3 million tons of liquefied natural gas (LNG) from Qatar in addition to the 7.5 million tons that it already imports from Qatar.

Exports of Qatar had steadily increased in the last four years reflecting increased demand by Indian economy for Qatar's hydrocarbon.

Petronet LNG, which at present imports 7.5mn tons a year of LNG from Qatar under a long-term contract, has sought an additional 2-3mn tons and state gas utility GAIL India is seeking 1mn ton for 20-25 years.