India's largest gas importer turns to US LNG under Qatar agreement

India's largest natural gas importer is considering purchasing US-origin liquefied natural gas (LNG) within the framework of its existing long-term supply agreement with Qatar. According to a Reuters report, the company is keeping its long-term contract with Qatar while putting US-origin LNG supply under this agreement on its agenda. The move stands out as part of India's effort to diversify supply sources in energy imports. The country's largest gas importer aiming to secure access to US LNG under a long-term agreement linked to Qatar is interpreted as a search to benefit from the flexibility of the existing contract structure. Long-term LNG contracts include commitments that set volume and price conditions between buyer and seller. The report emphasizes the intention of India's largest gas importer to bring US LNG into play under its long-term agreement with Qatar; however, no additional information about the details of the agreement is shared. India continues to increase resource diversity by turning to different suppliers in LNG imports to meet rising energy demand. The consideration of US LNG in this context signals a period in which supply routes in global LNG trade are being reshaped. Not investment advice.