OIL & GAS

A confident India is driving a hard bargain with Qatar post its Opec exit

India has recently asked Qatar, the largest gas exporter in the world, to come to the negotiation table and demanded to reduce prices under the existing long-term supply contracts to make LNG more affordable to consumers.

India’s ability to drive a hard bargain with regions that dominate the oil and gas universe has put the spotlight on its growing confidence in energy security. The country has recently asked Qatar – the world’s largest gas exporter — to come to the negotiation table and demanded to reduce prices under the existing long-term supply contracts of natural gas.

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ET
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