GCC’s blacklisting Qatar may cost India dear

Speaking from the Red Fort last Independence Day, Prime Minister Narendra Modi had explained how India will be able to save Rs 20,000 crore on a renegotiated Liquefied Natural Gas (LNG) deal with Qatar. The prices were lower, and the PM had said: “They (Qatar) were entitled to take Rs 20,000 crore (as per the long-term signed contract) but our diplomatic ties ensured that we renegotiate the terms.” India has had very good relations with Qatar. More Info Those good times, though, seem to have come to an end. On…

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