Qatar Petroleum Offers LNG Cargoes in the Spot Market

Qatar Petroleum has offered liquefied natural gas (LNG) cargoes to several buyers in Asia and Europe after Indian buyers cancelled cargoes, according to Reuters.

The exact number of cargoes to be offered is yet to be confirmed, but the cargoes are to be offered for either loading or delivery in the month of April, depending on the location.

Qatar Petroleum has a long history of selling LNG cargoes and are now offering spot cargoes after India invoked force majeure due to the downturn in gas demand following the COVID-19 outbreak.