Hormuz deal to shape resumption of Qatari LNG/LPG imports

What Happened

India's Petroleum Minister Hardeep Singh Puri visited Qatar to restart LNG and LPG imports. Qatar previously supplied 40% of India's LNG, contributing half of India's natural gas consumption. Both nations had invoked force majeure to terminate contracts due to war. India receives approximately 15% of Qatar's annual LNG production. The two countries are negotiating terms for resumption.

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