tradingkey.logo
tradingkey.logo
Search

Petronet expects Qatar to start LNG exports in 3 to 4 weeks of Iran war end

ReutersMay 5, 2026 7:35 AM
facebooktwitterlinkedin
View all comments0

- India's Petronet LNG expects Qatar to resume operations at its liquefied natural gas facilities within three to four weeks of the Middle East crisis ending, its head of finance, Saurav Mitra, said during an analyst call on Tuesday.

  • Petronet hopes the crisis will end soon. "We are confident that maybe from the first week of June, the entire supply will come as per the annual delivery plan," Mitra said.

  • He said Petronet is in talks with Qatar regarding the delivery of cargoes hit by the Iran war in 2027.

  • Petronet has started getting supplies under its new 1.2 million ton per year supply deal with ExxonMobil XOM.N from Australia's Gorgon project, he said.

  • Apart from additional supplies from Australia, Petronet LNG received supplies from Mozambique, Oman, Congo, Senegal, and Nigeria, to partly offset the shortfall from Qatar.

  • Petronet is operating its Dahej LNG terminal in western India at 53% capacity.

  • He said Equinor will start supplying LNG from mid-May at the Dahej terminal under a long-term deal with Deepak Fertilisers.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

Tradingkey
KeyAI