Business

Saturday, February 14, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Business

A man opens the hood of a liquefied natural gas truck to check the engine at the manufacturing facility in Pune. India’s overall buying could jump fourfold as the South Asian nation aims to lift the share of gas in its energy mix to 15% from 6% by the end of the decade.

India’s top LNG importer says favourable terms key to US deals

India will need favorable terms to enter into long-term liquefied natural gas purchase deals with the US as the market is highly price sensitive, according to the chief executive officer of the country’s top LNG importer.“India is looking to source energy at the most competitive and affordable price for consumers,” Petronet LNG Ltd’s Akshay Kumar Singh said. “No one is saying you buy at any cost.”The comments comes as US President Donald Trump’s administration pushes New Delhi to ramp up energy purchases — including crude oil, liquefied petroleum gas, LNG and coking coal — as part of an interim trade deal that seeks to boost American exports to about $500bn.The US was India’s third-largest LNG supplier last year — behind Qatar and the United Arab Emirates — accounting for 12% of total imports of 25mn tons, according to Kpler data. India’s overall buying could jump fourfold as the South Asian nation aims to lift the share of gas in its energy mix to 15% from 6% by the end of the decade.For countries such as the US and Qatar, that would open up an important market, particularly as new liquefaction plants start operations and production increases. However, higher freight and logistics risks make US LNG less attractive for Indian buyers. Rigid long-term take-or-pay contract structures add to buyers’ discomfort.Long-term LNG deals aren’t just about settling at a price, but include clauses such as penalties to be paid if buyers fail to lift agreed volumes, Singh said.Most of the US supply deals are linked to Henry Hub, the benchmark for natural gas prices, that can swing sharply due to weather and storage levels in the domestic market. Indian buyers favor Brent-linked contracts as those prices are generally less volatile.Last month, a US delegation met with Indian energy companies on the sidelines of the India Energy Week conference in Goa to explore opportunities for long-term contracts for US crude oil and LNG, according to a statement by the US embassy.

The workshops featured a series of interactive presentations and hands-on sessions delivered by Google Cloud experts, highlighting the latest AI innovations and real-world use cases that SMEs can adopt to enhance their services and products, increase productivity, improve data management, and automate daily operations

MCIT supports SMEs in digital transformation, AI

The Ministry of Communications and Information Technology (MCIT), through Qatar Digital Academy and the SMEs Go Digital Programme, and in collaboration with Google Cloud, organized two awareness workshops to support small and medium enterprises (SMEs) in their digital transformation journey.The workshops were held at the Google Cloud Center of Excellence in Qatar Free Zones.The workshops featured a series of interactive presentations and hands-on sessions delivered by Google Cloud experts, highlighting the latest AI innovations and real-world use cases that SMEs can adopt to enhance their services and products, increase productivity, improve data management, and automate daily operations.Participants also explored a range of digital tools and platforms that enable business expansion and support informed, data-based decision-making, strengthening their readiness to adopt AI solutions and digital technologies. These insights empower SMEs to enhance operational efficiency and improve their competitiveness within today's rapidly evolving digital business landscape.These workshops form part of a series of specialised sessions organised under the SMEs Go Digital Program, targeting key sectors across the country to support the digital transformation of national enterprises. The programme contributes to achieving the goals of the Digital Agenda 2030 by building an innovation-driven business ecosystem and accelerating the adoption of modern technologies among SMEs, strengthening their readiness for the digital future.