UPDATE 1-Qatar to up LNG supply to India to 11.5 mln tonnes

* To boost to 11.5 mln tonnes/yr from 2014 vs 7.5 mln now

* Qatar hopes to send India 1 mln tonnes more in 2011

* Qatar to raise LNG output to 77 mln tonnes

(Adds quote, details)

NEW DELHI, March 21 (Reuters) - Qatar plans to raise its supply of Liquefied Natural Gas to India to 11.5 million tonnes from 2014, against the current 7.5 million tonnes a year, its oil minister Abdullah al-Attiyah said in New Delhi on Sunday.

He said Qatar currently produces 62 million tonnes of LNG and from October it will be raised to 77 million tonnes.

The entire 77 million tonnes has been sold already under long-term contracts but could be diverted if a higher price were to be offered by a new buyer, he said.

"We have some conditional cargoes that are available from the U.S. and Europe. We hope to bring those to India if pricing is right," he said.

Qatar hopes to supply India with an additional 1 million tonnes from 2011 and raise the added amount to four million by 2014, making a total of 11.5 million, he said.

The minister also said he hoped that Indian firms Petronet (PLNG.BO) and GAIL (GAIL.BO) would finalize a deal with Qatar's RasGas in the next few weeks, and which would span 15 to 20 years. (Reporting by Nidhi Verma; Editing by Matthias Williams and Hans Peters)