Qatar offered ADB's 5.2% stake in Petronet
- Qatar: Wednesday, December 19 - 2012 at 01:56
Qatar has been offered by India a 5.2% stake that Asian Development Bank (ADB) held in the country's largest liquefied natural gas importer, Petronet LNG, PTI has reported. Qatar's energy minister Mohammed bin Saleh Al-Sada on November 4 wrote to his Indian counterpart acknowledging Petronet's approach saying that "Qatar Petroleum International and ADB, with Petronet support have already engaged in preliminary evaluatory discussions." "I urge the Indian Government and look forward to your assistance to help materialise this deal at the earliest in the interest of the mutual business relations between our nations," he said.
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