Qatar Signs Five-year LNG Supply Agreement with GAIL
OIL & GAS

Qatar Signs Five-year LNG Supply Agreement with GAIL

Qatar has agreed a deal to supply India's top natural gas distributor GAIL with liquefied natural gas for five years, three sources familiar with the matter said. 
 QatarEnergy Trading will ship one cargo a month to GAIL starting in April, the sources said. The gas will be priced at around 115% of Henry Hub plus $5.5-$6 per million British thermal units (mmBtu), the sources said.
 QatarEnergy and GAIL did not immediately respond to requests for comment.
 India is boosting gas imports as Prime Minister Narendra Modi aims to raise the share of gas in the country's energy mix to 15% by 2030 from about 6.5% now.

Qatar has agreed a deal to supply India's top natural gas distributor GAIL with liquefied natural gas for five years, three sources familiar with the matter said.  QatarEnergy Trading will ship one cargo a month to GAIL starting in April, the sources said. The gas will be priced at around 115% of Henry Hub plus $5.5-$6 per million British thermal units (mmBtu), the sources said. QatarEnergy and GAIL did not immediately respond to requests for comment. India is boosting gas imports as Prime Minister Narendra Modi aims to raise the share of gas in the country's energy mix to 15% by 2030 from about 6.5% now.

Next Story
Infrastructure Urban

Honeywell Unveils AI Tools to Enhance Green Hydrogen Efficiency

"Honeywell has introduced Honeywell Protonium, a comprehensive suite of advanced technologies driven by artificial intelligence (AI) and machine learning (ML), aimed at improving the efficiency, scalability, and cost-effectiveness of green hydrogen production. The technology is designed to address key industry challenges such as power intermittency, high production costs, and carbon intensity, thereby facilitating the wider adoption of clean hydrogen as a sustainable energy source.The first deployment of Honeywell Protonium will take place at Aternium, a US-based large-scale clean hydrogen pro..

Next Story
Infrastructure Transport

NHAI Plans Link Road for Expressway Access

The National Highways Authority of India (NHAI) is evaluating the construction of an 18 km road to connect the Bengaluru-Chennai Expressway, within Karnataka, to the Bengaluru-Kolar Highway (NH 75). This strategic link is aimed at improving connectivity for motorists travelling towards the Andhra Pradesh border, including destinations like Chittoor and Tirupati. Currently, a 68 km section of the expressway — from Hoskote to Bethamangala near Kolar Gold Fields (KGF) — is operational. However, due to the absence of seamless end-to-end connectivity, users are forced to navigate through narr..

Next Story
Infrastructure Transport

Bengaluru to Get 40-Km Signal-Free Transit Corridor

In a major push to modernize Bengaluru’s transport infrastructure, the Karnataka Government has approved the construction of a 32.15 km double-decker flyover with a metro line along the city’s Outer Ring Road. This transformative initiative aims to ease the daily commute for thousands and provide lasting relief from the city's chronic traffic congestion. In tandem, an additional 8 km elevated stretch will be constructed on Magadi Road as part of Namma Metro’s Phase III expansion. Together, these projects will add over 40 km of new, signal-free metro routes—making daily travel faster, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?