Home Asia Qatar insisted Modi’s government: Include GST in natural gas

Qatar insisted Modi’s government: Include GST in natural gas

Qatar is the second largest LNG supplier of India’s.

Qatar is the second largest foreign investor after Russian oil firm Rosneft.

Qatar claimed that he might raise the production capacity from 77 million tonnes to 110 million tonnes by the year 2023.

Qatar insisted Modi’s government: Include GST in natural gas
Qatar insisted Modi’s Government: Include GST in natural gas

Qatar is the second largest LNG supplier of India’s.

On Sunday, Qatar pleaded the central government to include Natural Gas in GST to support and demand for the eco-friendly fuel and raise the country’s energy basket.

Khalid Bin Khalifa Al-Thani, Qatar Gas CEO said “India is a significant market for Qatar. If there is a change in demand Worldwide, we will see it in India especially in fossil fuel”

Qatar insisted Modi’s government: Include GST in natural gas
Qatar insisted Modi’s government: Include GST in natural gas

Qatar is the second largest foreign investor after Russian oil firm Rosneft, to have asked for GST on Petroleum products.

Qatar produces 8.5 million tonnes of liquefied natural gas to India per year.

Qatar is the single largest producer of imported gas, and it produces 40 per cent of the overseas shipment to India.

B C Tripathi, Chairman of GAIL India Ltd spoke at Petrotech that he too favoured natural under the scope of GST.

Khalid mentioned that the power plants should start the use of natural gas as it will be tough to achieve the target of increasing the share of natural gas in the energy basket.

Qatar claimed that he might raise the production capacity from 77 million tonnes to 110 million tonnes by the year 2023.

Al- Thani also said that the growth of natural gas would be 1.5 per cent in 2035.