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India’s LNG buyers eye flexi deals to cut risks

Economic Times Nov 10, 2026 at 05:30 AM IST Business

AI summary

Indian LNG buyers are shifting toward flexible portfolio contracts to mitigate supply risks after the Iran war disrupted Qatar shipments. Recent deals with ADNOC and ongoing negotiations with QatarEnergy aim to diversify sources and reduce reliance on fixed regional facilities.

Key takeaways

  • The Iran war halted Qatar shipments, prompting Indian buyers to seek flexible supply alternatives.
  • Gujarat Energy signed a ten-year deal with ADNOC for four million tonnes of LNG.
  • Petronet is negotiating to include US-sourced LNG in its renewed QatarEnergy contract.
  • Portfolio contracts allow suppliers to source replacement cargoes from their global network.
Read the original at Economic Times

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