{"id":52456,"date":"2025-02-17T11:51:59","date_gmt":"2025-02-17T06:21:59","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=52456"},"modified":"2025-11-07T11:49:17","modified_gmt":"2025-11-07T06:19:17","slug":"unlocking-new-trade-in-india-qatar-relations","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/unlocking-new-trade-in-india-qatar-relations\/","title":{"rendered":"Beyond LNG: Unlocking New Trade Avenues in India Qatar Relations"},"content":{"rendered":"
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Introduction<\/strong><\/h2>\n\n\n\n

For decades, India Qatar relations have been dynamic and primarily shaped by energy trade. However, new investment, trade, and cooperation avenues emerge as both nations look beyond traditional sectors.\u00a0<\/p>\n\n\n\n

With Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, making a historic visit to India in February 2025 after nearly a decade, the focus is on strengthening economic ties, signing new agreements, and fostering a broader partnership beyond energy.<\/p>\n\n\n\n

With bilateral trade valued at $14.08 billion in FY 2023-24<\/strong>, Qatar remains a vital trade partner for India, particularly as the largest supplier of liquefied natural gas (LNG)<\/strong>. Meanwhile, India has been expanding its footprint in Qatar\u2019s markets, exporting goods worth $1.7 billion<\/strong> while importing $12.38 billion<\/strong> from the Gulf nation. <\/p>\n\n\n\n

But what does the future hold for this India Qatar economic partnership?\u00a0<\/strong><\/p>\n\n\n\n

The Backbone of India Qatar Trade: Energy & Investments<\/strong><\/h2>\n\n\n\n

LNG Dominance & Future Deals<\/strong><\/h3>\n\n\n\n

One of the defining aspects of India-Qatar trade relations is LNG. Qatar supplies over 40%<\/strong> of India\u2019s LNG imports, making it an indispensable energy partner. In February 2024, QatarEnergy and India\u2019s Petronet LNG signed a long-term deal<\/strong> extending LNG supply agreements from 2028 to 2048, securing India’s energy needs for the next two decades.<\/p>\n\n\n\n

Qatar is a significant crude oil, petrochemical, and LNG exporter to India. In return, Indian companies like ONGC Videsh<\/strong> have explored upstream investment opportunities in Qatar\u2019s energy sector, indicating a two-way strategic partnership. In recent developments, Petronet LNG Ltd, India’s leading LNG importer, signed a long-term deal with Qatar Energy to procure 7.5 million tonnes of LNG annually from 2028 to 2048. This agreement secures a steady energy supply for India and signifies deepening economic ties between the two nations. indianembassyqatar.gov.in\u00a0 <\/p>\n\n\n\n

Investment & Infrastructure Partnerships<\/strong><\/h3>\n\n\n\n

Qatar\u2019s sovereign wealth fund, Qatar Investment Authority (QIA)<\/strong>, has invested over $5 billion<\/strong> in India across real estate, infrastructure, and technology. This includes significant stakes in:<\/p>\n\n\n\n