Qatar, India Trade 'Rises to $16.7 Billion in 2013-14' (Repeated with correction)

New Delhi, March 25 (QNA) - Bilateral trade and investment between the State of Qatar and India "reached US $16.7 Billion in 2013-14", a section of Indian media said Wednesday. Qatar is the largest supplier of Liquefied natural gas (LNG) to India. There is a large market for Qatar's LNG, oil and petrochemical sectors in India, The Economic Times (ET) newspaper said today. Qatar's RasGas Company has sale and purchase agreement with Petronet, and is supplying the Indian market since 2004, the report said. In Dec 2014, India received its biggest shipment of liquefied natural gas (LNG) at Petronet LNG Ltd's Dahej import terminal in the state of Gujarat. Qatar's major imports from India have increased in recent years mainly from food and construction materials. India is also negotiating a Free Trade Agreement (FTA) with Qatar under the India - Gulf Cooperation Council (GCC) Framework Agreement, the ET report added. (QNA)