Shri. Akshay Kumar Singh, MD & CEO, Petronet LNG Limited said “the existing long-term agreement
between Petronet LNG & QatarEnergy today accounts for around 35% of India’s LNG imports and is of
national importance. Renewal of this agreement is a step towards achieving vision of Hon’ble Prime
Minister of India to make India a gas-based economy and increase share of natural gas in India’s primary
energy basket to 15% by year 2030. This agreement will provide energy security and ensure stable &
reliable supply of clean energy and help India in its stride towards greater economic development.”
He further added that the long-term LNG purchase agreement with QatarEnergy will further strengthen the
existing relationship between the two Companies.
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