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2020-02-03 11:35:00

U.S. LNG FOR INDIA: $2.5 BLN

U.S. LNG FOR INDIA: $2.5 BLN

REUTERS - FEBRUARY 3, 2020 - India's top gas importer Petronet LNG (PLNG.NS) and U.S. liquefied natural gas (LNG) developer Tellurian Inc (TELL.O) are preparing to sign a $2.5 billion deal during President Donald Trump's maiden visit to New Delhi later this month, two sources familiar with the matter said.

India and the United States have built close political and security ties and want to strengthen trade links, with Trump aiming to boost energy supplies to India, the world's third biggest oil importer.

Petronet will invest the money over a five-year…

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