Gas squeeze has India requesting expensive LNG

NEW DELHI: The global energy shortage has prompted India to ask Qatar, the world’s biggest supplier of liquefied natural gas (LNG), for around 50 cargoes it deemed too expensive six years ago.

State-linked importer Petronet LNG Ltd asked Qatargas to deliver the cargoes in the coming year, on top of the approximately 115 cargoes that its long-term contract stipulates for 2022, according to people familiar with the discussions. Normally, countries do not retroactively claim cargoes after initially declining them.