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…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.