June 5, 2017 / 4:35 AM / 3 years ago

No impact on Qatar LNG as Saudi, others cut ties - India's Petronet

FILE PHOTO - An aerial view of Doha's diplomatic area March 21, 2013. REUTERS/Fadi Al-Assaad/File Photo

NEW DELHI (Reuters) - India’s Petronet LNG said on Monday it did not expect any impact on gas supplies from Qatar after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with the Gulf Arab state accusing it of supporting terrorism.

“I don’t think there will be any impact on it. We get gas directly from Qatar by sea,” R.K. Garg, head of finance at Petronet, told Reuters when asked to comment on the coordinated move to cut relations.Petronet LNG, India’s biggest gas importer, buys 8.5 million tonnes a year of liquefied natural gas (LNG) from Qatar under a long-term contract. It also buys additional volumes from Qatar under spot deals.

Reporting by Nidhi Verma; Editing by Douglas Busvine

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