Which of the following statement/statements is/are INCORRECT regarding the India-Qatar LNG deal renewal? 1. India signed a USD 78 billion deal to extend LNG imports from Qatar by another 20 years till 2048. 2. Petronet LNG Ltd, India's biggest liquefied natural gas (LN

•     India signed a USD 78 billion deal to extend LNG imports from Qatar by another 20 years till 2048 at rates lower than current prices. •     Petronet LNG Ltd, India's biggest liquefied natural gas (LNG) importer, has signed a pact with QatarEnergy to extend the deal to buy 7.5 million tonne a year of gas for producing electricity, making fertilizers and converting it into CNG. •     The renewal is at a "significantly" lower price than the current deal. At current prices, India will save about USD 0.8 per million British thermal unit at the renewed terms. This translates into savings of USD 6 billion over the contract period. •     The first 25-year deal is to expire in 2028 and has now been extended for 20 additional years. •     The second deal for 1 MTPA entered into in 2015, will be negotiated separately, sources said. •     India, the world's third biggest energy consumer, sees natural gas as a transition fuel for migrating to net zero carbon emissions by 2070.