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India to Import Additional 15 Million Tons LNG from Qatar .


Date: 27-01-2011
Subject: India to Import Additional 15 Million Tons LNG from Qatar
Qatar (Doha) - India has sought to purchase 15 million tons of liquefied natural gas (LNG) from Qatar in addition to the 7.5 million tones that it already imports , the Indian Ambassador to Qatar Deepa Gopalan Wadhwa said .

Wadhwa revealed in an exclusive interview with the English daily "Qatar Tribune" Wednesday, that India reaffirmed its commitment to security of demand for Qatar’s LNG exports and formally put forward an additional demand for 15 million tons of LNG.

India is a country with one of the largest agricultural sectors and, therefore, a huge market for fertilizers, and Qatar a major producer of fertilizers, there is ample business opportunity for both sides in the fertilizer sector, the Indian Ambassador said. A joint working group on Fertilizer discussed long-term cooperation in this sector between Qatar and India.

India offers opportunities for two-way investment: Qatari investment in India is mainly in the infrastructure sector and private Indian companies are looking for investment in Qatar, the Indian ambassador pointed out. Moreover, with Qatar becoming the host for 2022 World Cup and massive investment likely in infrastructure, Indian companies with a global profile are planning to secure lucrative deals in the Engineering, Procurement and Construction management contracts (EPCs).

The Indian ambassador further pointed out that she was hoping to "bring a couple of serious high-level Indian business delegations in the first half of this year".

Source : english.globalarabnetwork.com

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