India to renegotiate Iran LNG price

India Friday agreed to renegotiate the price of a 5 million tonne-annual LNG (liquefied natural gas) deal it had entered into with Iran two-and-a-half years ago. ?Indian and Iran will be renegotiating the LNG price,? Petroleum Minister Murli Deora said here on Friday after a meeting with an Iranian delegation led by Iran Foreign Minister Manocheher Mottaki.

Source: Hindustan Times, New Delhi
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